Archive for June 9th, 2021

ADM: ‘Breadth and depth’ of pantry among advantages in nutrition unit

CHICAGO, ILLINOIS, US — As a company currently in year seven of its journey in nutrition, ADM is well positioned from an advantage perspective, said Vincent F. Macciocchi, chief sales and marketing officer and president of nutrition at ADM.

“We’ve experienced a lot of things already in terms of putting pieces together, doing M&A, investing and building facilities,” Macciocchi said during a June 7 presentation at the virtual Deutsche Bank dbAccess Global Consumer Conference. “We’ve come through that and we’re growing.”

Macciocchi ...

Continue Reading →
0

US grain rail carloads up 20% from last year

KANSAS CITY, MISSOURI, US — Grain transportation markets were mostly quiet last week. Offerings at the Kansas City and Minneapolis gateways were limited.

In light of a large Kansas harvest projected by the Wheat Quality Council’s hard winter wheat tour following significant moisture events, shippers were heartened to hear Union Pacific Railroad at auction on June 1 sold cars at tariff for last-half July and both halves of August and September.

The average June shuttle railcar bids-offers per car on the secondary ...

Continue Reading →
0