Archive for July 26th, 2021

Grain sector rebounding from pandemic

With the COVID-19 pandemic finally starting to ebb, speakers at this year’s International Grains Council (IGC) Conference, held virtually June 8-9 as a precautionary measure, said the global grains and oilseeds supply chain has handled COVID-19 well, despite wrestling with labor supply problems, closed borders, high shipping costs and wild swings in demand, notably away from biodiesel as vehicle use shrank dramatically with people around the world staying home.

The feed sector had problems keeping its workforce safe and got a ...

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ADM acquires manufacturer of non-GMO soy ingredients

CHICAGO, ILLINOIS, US — Archer Daniels Midland Co. (ADM) announced on July 26 that it has reached an agreement to acquire Sojaprotein, a leading European provider of non-GMO soy ingredients.

Established in 1977, Serbia-based Sojaprotein has sales into 65 countries, offering a wide array of non-GMO vegetable protein ingredients for an extensive list of European and global customers in the meat alternative, confectionery, protein bar, pharmaceutical, pet food, and animal feed segments.

The company had more than $100 million in sales in ...

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