Archive for August, 2016

MINNEAPOLIS, MINNESOTA, U.S. — For Cargill, a key goal is to be the most trusted source of sustainable products and services for its customers. To do that, the company is joining with others to build a food system that meets the needs of today while providing for the needs of tomorrow.

Ruth Kimmelshue, corporate senior vice-president of operations at Cargill.

“As we look to the future, we are ...

DENVER, COLORADO, U.S. — In December 2015, Ardent Mills unveiled plans to help U.S. wheat growers double organic wheat acres by 2019. Now, the flour-milling and ingredient company has expanded its producer program to a total of seven U.S. states and a Canadian province while adding more organic-certified milling and packaging locations along with storage.

Dan Dye, chief executive officer of Ardent Mills.

“Since our initial ...

WASHINGTON, D.C., U.S. — Russia is expected to be the world’s largest exporter of wheat in 2016-17, which, if realized, would mark the first time the nation has achieved the feat.

In its World Agricultural Supply and Demand Estimates (WASDE) issued Aug. 12, the U.S. Department of Agriculture (USDA) forecast Russia’s exports in 2016-17 at a record 30 million tonnes, reflecting a sharp increase in expected production.

The USDA raised Russia’s production forecast on “excellent growing conditions throughout the country and harvest ...

CHICAGO, ILLINOIS, U.S. — Despite a 26% decline in earnings and 9% dip in sales during the second quarter of fiscal 2016, Archer Daniels Midland Co.’s (ADM) top executive reflected on several successes during the quarter while offering an outlook for better opportunities over the second half of the year.

In the company’s Ag Services segment, ADM started operations at its Medsofts joint venture in Egypt during the second quarter, a move Juan Luciano, chairman and chief executive officer, said ...