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Archer Daniels Midland Co

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  • The Corn Refiners Association, which represents high-fructose corn syrup producers, has hired Washington lobbyist firm, the Alpine Group, to challenge sugar's long-protected status, a spokesman for the organization said on Thursday. Its members include Archer Daniels Midland Co and Cargill Inc.. This is the first time corn refiners have publicly taken the...

  • The Corn Refiners Association, which represents high-fructose corn syrup producers, has hired Washington lobbyist firm, the Alpine Group, to challenge sugar's long-protected status, a spokesman for the organization said on Thursday. Its members include Archer Daniels Midland Co and Cargill Inc.. This is the first time corn farmers have publicly taken the...

  • CHICAGO, June 24- As the July 6 deadline for closing the century-old Chicago Board of Trade grain futures pits looms, a cloud hangs over the future of the neighboring options pits. Trading in the Chicago futures pits, once an icon of world capitalism where raucous traders epitomized "open-outcry" trading as they made and lost fortunes, has fallen to 1 percent of...

  • But many experts say a major legislative overhaul, which would need approval in Congress, is unlikely with an election less than two years away. While acknowledging delays created uncertainty in the ethanol market, Acting Assistant Administrator Janet McCabe reaffirmed the agency's stance that the new targets sought to ensure growth of the U.S. renewable...

  • WASHINGTON, June 18- U.S. lawmakers will grill the nation's environmental regulator over its handling of a controversial renewable fuels program at a hearing on Thursday, the first since new biofuels targets provoked a furor among corn farmers and oil refiners. But many experts say a major legislative overhaul, which would need approval in Congress, is...

  • But many experts say a major legislative overhaul, which would need approval in Congress, is unlikely with an election less than two years away. Still, senior Environmental Protection Agency official Janet McCabe will likely face tough questions from the group of 10 senators about years-long delays to the biofuels quotas and the future of the decade-old...

  • LONDON, June 11- The European Commission said on Thursday it had approved the acquisition of Archer Daniels Midland Co's cocoa business by Olam International Ltd.. The $1.3 billion deal, Olam's biggest ever, will catapult the Singapore- based commodities firm into the top tier of global suppliers to the growing chocolate business. Olam will acquire one of the...

  • LONDON, June 11- The European Commission said in a statement on Thursday it had approved the acquisition of Archer Daniels Midland Co's cocoa business by commodities firm Olam International Ltd..

  • NEW YORK, June 10- Global agricultural merchant Ecom Agroindustrial Corp and its smaller U.S. rival V&A Commodity Traders Inc have joined forces to create a medium-sized sugar merchant, the latest deal to transform the struggling sweetener market. V&A Trading, which is owned by Seacor Holdings, said on Wednesday the companies have agreed to merge their sugar...

  • NEW YORK, June 1- The Obama administration has found an unlikely ally in its efforts to keep pushing more biofuel into the nation's gasoline supply: OPEC. "The market incentives are there for ethanol, without this proposal, said Scott Irwin, a professor of agricultural economics at the University of Illinois. The current pace of demand would put ethanol use at some...

  • CHICAGO/ NEW YORK, May 22- As a virulent avian influenza outbreak continues to spread across the Midwestern United States, some egg-dependent companies are contemplating drastic steps- importing eggs from overseas or looking to egg alternatives. A spokeswoman for Archer Daniels Midland Co said that as egg supplies tighten and prices rise, the food processing...

  • CHICAGO, May 22- The world's largest corn processor, Archer Daniels Midland Co, is shifting focus from its long-standing cash generator ethanol into developing new food ingredients as the biofuel boom that underpinned its financial success has cooled. "Coming up with new products is really what keeps us up at night," said Chris Cuddy, president of corn processing.

  • CHICAGO and NEW YORK, May 22- As a virulent avian influenza outbreak continues to spread across the Midwestern United States, some egg-dependent companies are contemplating drastic steps: importing eggs from overseas or looking to egg alternatives. "Canada is short on eggs and has been buying heavily from the U.S. for the last several years," said Rick Brown, a...

  • NEW YORK, May 21- U.S. grain handler Andersons Inc is not interested in being acquired, Chief Executive Officer Mike Anderson said on Thursday after Richardson International expressed interest in a takeover. At a BMO Capital Markets investor conference in New York, Anderson said the company ranked eighth in U.S. storage capacity for grain.

  • May 5- Archer Daniels Midland Co, one of the world's largest grain traders, announced on Tuesday a deal to acquire full ownership of two Romanian export terminals on the Black Sea, bolstering its ability to export grain from Eastern Europe. ADM said it has agreed to acquire North Star Shipping and Minmetal, a 50-50 joint venture with North Star, which have grain...

  • CHICAGO, May 5- U.S. agribusiness Archer Daniels Midland Co on Tuesday reported higher-than-expected quarterly profit on strong oilseed crushing margins and robust global demand for soybean meal. Chicago- based ADM's first-quarter net profit rose to $493 million, or 77 cents per share, from $267 million, or 40 cents per share, a year earlier.

  • Here's why markets are in a 'no man's land' Tuesday, 5 May 2015 | 6:25 AM ET
    Traders work on the floor of the New York Stock Exchange.

    "At this point, you're sort of in a no man's land waiting for Friday's number," said Daniel Greenhaus, chief global strategist at BTIG.

  • Here's why markets are in a 'no man's land' Monday, 4 May 2015 | 7:02 PM ET
    Traders work on the floor of the New York Stock Exchange.

    "At this point, you're sort of in a no man's land waiting for Friday's number," said Daniel Greenhaus, chief global strategist at BTIG.

  • What matters to markets this week Monday, 4 May 2015 | 6:00 AM ET
    Traders work on the floor of the New York Stock Exchange (NYSE)

    Influences from abroad may first drive stocks, bonds and the dollar.

  • Jobs report is big but watch out for Europe Friday, 1 May 2015 | 7:21 PM ET
    Traders work on the floor of the New York Stock Exchange (NYSE)

    Influences from abroad may first drive stocks, bonds and the dollar.