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Shining Light on Farm & Food Policy for 20 Years.
Tuesday, April 23, 2024
Higher margins in its ag services and oilseeds business helped push ADM to an operating profit of about $6.5 billion for its fiscal year 2022, an increase of 41% over 2021.
Major processor ADM announced Tuesday that it has signed a memorandum of understanding with LG Chem to research lactic acid production to be used in bioplastics and other plant-based products.
Archer Daniels Midland Co. reported net earnings of $712 million for its second quarter on Tuesday, a 27% increase from the same period the year prior.
A major international grain handler and one of the world’s leading beef producers have announced regulatory approval and the formal launch of a new plant-based food venture.