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Articles tagged under: ADM

ADM Signs Letter of Intent for Pipeline

Published January 16, 2022

Archer-Daniels-Midland Co has signed a letter of intent with Wolf Carbon Solutions to build a pipeline that would capture, and transport carbon dioxide produced at ADM's ethanol facilities at Clinton and Cedar Rapids, Iowa. The carbon would be stored underground…
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Top Story #4: Value Added Ag Opportunities

Published December 28, 2021

New value-added opportunities are popping up in Northern Plains. That’s due, in part, to the increased demand for renewable diesel. In May, ADM announced it would build a $350 million soybean crush facility in Spiritwood, North Dakota. The plant is…
Top StoriesLatest NewsMarketsCrops

An Important Step for the Spiritwood Crush Project

Published December 15, 2021

Archer Daniels Midland and Marathon Petroleum finalized their joint venture for the soybean crush plant at Spiritwood, North Dakota. ADM will own 75 percent of the joint venture and Marathon Petroleum will own the remaining 25 percent. The joint venture,…
Latest NewsAg BusinessPolicy

A Win-Win

Published November 10, 2021

North Dakota Senator John Hoeven toured the Marathon refinery in Dickinson Tuesday and discussed the company’s joint venture with ADM. When complete, the new soybean crush plant at Spiritwood will supply soybean oil to the Dickinson refinery  for the production…
Latest NewsAg Business

ADM Profits Double in Q3

Published October 27, 2021

Strong oilseed crush margins and rising vegetable oil demand are having a positive impact on ADM’s agricultural services and oilseeds unit. The company is reporting strong third quarter profits with revenue at $20.34 billion. The strong vegetable oil demand, including…
Latest NewsAg Business

Spiritwood Part of ADM/Marathon Joint Venture

Published August 20, 2021

ADM has inked an agreement with Marathon Petroleum to form a joint venture, which will own and operate the Spiritwood, North Dakota soybean processing facility. ADM took over the facility earlier this summer. With this deal, ADM will own 75…
Top StoriesLatest NewsAg Business

Murray Moves to ADM

Published July 28, 2021

Stephanie Murray is the new manager of marketing communications and brand experience at ADM. Most recently, Murray was vice president for Reputation Partners. Previously, Murray spent time with FleishmanHillard and G&S Business Communications.
Latest NewsAg Business

ADM Enjoys a 52 Percent Increase in 2Q Profits

Published July 27, 2021

Archer Daniels Midland reports quarterly earnings of $712 million, up from $469 million in the same period last year. Strong Chinese export demand is credited for those gains. ADM officials also cited stronger oilseed crush margins for its success.
Latest NewsAg Business

ADM to Start Work on New Soybean Crush Facility Late June

Published June 17, 2021

On Wednesday, Archer Daniels Midland met with local farmers and the Jamestown/Stutsman Development Corporation to discuss a new soybean crush facility in Spiritwood. ADM is retrofitting a former Cargill Malt plant. "We plan to start some demo work by the…
Top StoriesLatest NewsAg Business

Where Will ADM’s Soybean Oil Go in North Dakota?

Published May 17, 2021

The vegetable oil produced at ADM’s new soy crush facility in Spiritwood, North Dakota will be sold to Marathon in Dickinson, North Dakota to make renewable diesel. NDSU Extension Bioenergy Economics Specialist David Ripplinger says the renewable diesel sector is…
Latest NewsMarketsAg Business
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