(POETdsm.com)

POET unseats ADM as top global fuel ethanol maker

Chicago | Reuters — Privately held, U.S.-based POET has overtaken industry pioneer and global grain merchant Archer Daniels Midland to become the top ethanol producer in the world, the companies told Reuters. ADM had been the biggest ethanol maker since the U.S. began requiring refiners to mix billions of gallons of biofuels into the nation’s

(Dave Bedard photo)

Continental Grain to push Bunge to consider potential sale

Chicago | Reuters — U.S. agricultural investor Continental Grain plans to push Bunge to consider a potential sale, a person familiar with the matter said on Monday, after Archer Daniels Midland approached Bunge about a takeover. It was unclear how Continental Grain would pressure Bunge, one of the world’s top agricultural merchants. But the company,


(ADM.com)

ADM, Syngenta settle suit over biotech corn exports

Chicago | Reuters — U.S. grain merchant Archer Daniels Midland has settled a lawsuit with Syngenta over the seed company’s launch of a biotech corn strain that roiled grain exports to China, according to regulatory documents filed on Friday. ADM sued Syngenta four years ago for selling the corn variety known as Agrisure Viptera or



(ADM photo by Dave Bedard, Bunge photo via Bunge)

ADM in talks to buy Bunge as early as this week

Reuters — Top U.S. grains merchant Archer Daniels Midland could reach an agreement to buy smaller rival Bunge as early as this week, Bloomberg reported on Monday, citing unnamed sources familiar with the matter. The potential deal comes as large grain traders that make money by buying, selling, storing and shipping commodity crops have struggled



(ADM photo by Dave Bedard, Bunge photo via Bunge)

ADM reported making takeover approach to Bunge

Reuters — Top U.S. grains merchant Archer Daniels Midland has proposed a takeover of Bunge Ltd., the Wall Street Journal reported on Friday, a move that could set up a battle for Bunge with London-based rival Glencore. Large grain traders which make money by buying, selling, storing, shipping and trading crops have struggled in recent

(Dave Bedard photo)

Rush on to reverse U.S. tax boon for ag co-ops

Chicago | Reuters — Republican U.S. senators are working with some of the world’s biggest agricultural merchants to undo a last-minute provision in the tax overhaul that threatens to distort the grains market and starve private firms of corn, soy and wheat supplies. It was included during final revisions of the tax bill that passed