News

ADM expanding specialty ingredient assets

CHICAGO, ILLINOIS, U.S. — Archer Daniels Midland Company (ADM) announced on June 2 that it has acquired tree nut and seed processing assets and operations in Modesto, California, U.S., from California Gold Almonds, adding critical processing capacity on top of ADM’s existing West Coast nut operations in Lodi and Stockton, California.

Under the terms of the deal, ADM is acquiring the lease to the brand-new Modesto processing plant, and taking ownership of assets — including processing equipment — at the facility.

“This ...

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Africa’s food insecurity declining

ACCRA, GHANA — According to the first edition of the Regional Overview of Food Insecurity in Africa (2015), Angola, Djibouti, Cameroon, Gabon, Ghana, Mali and Sao Tome and Principe met both the relevant Millennium Development Goal – that of halving the proportion of the population suffering from undernourishment – and the more stringent World Food Summit target of halving the absolute numbers of the hungry, the United Nation’s Food and Agriculture Organization (FAO) said on June 2.

West Africa in particular ...

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FAO: World hunger falls to under 800 million

ROME, ITALY — The number of hungry people in the world has dropped to 795 million — 216 million fewer than in 1990-92 — or around one person out of every nine, according to the latest edition of the annual UN hunger report (The State of Food Insecurity in the World 2015 – SOFI), the United Nation’s Food and Agriculture Organization (FAO) said on May 27.

In the developing regions, the prevalence of undernourishment, which measures the proportion of people who ...

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ADM makes management appointments in key areas

CHICAGO, ILLINOIS, U.S. — Archer Daniels Midland Co. (ADM) announced on May 11 three management appointments to accelerate value creation in key areas.

Gregory Morris has been named senior vice-president and president, Global Oilseeds. Vince Macciocchi has been named senior vice-president and president, WILD Flavors and Specialty Ingredients. Mark Bemis, senior vice-president and president, North America, has been named to the additional role of chief risk officer, and Chris Cuddy, president of ADM’s Corn Processing business unit, has been named a ...

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IAOM elects new president, vice president

LENEXA, KANSAS, U.S. — The International Association of Operative Millers (IAOM) elected a new president and vice-president during its 119th annual conference and expo on May 7 in Palm Springs, California, U.S.

Roy Loepp, director of quality with Seaboard Overseas and Trading Group in Shawnee Mission, Kansas, U.S, was elected the 111th president of the association. Brad Allen, vice-president and operations lead for Ardent Mills in Denver, Colorado, U.S., was unanimously elected vice-president.

Loepp said the theme for his presidency is: “Building ...

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ADM expands Black Sea access with terminal acquisitions

CHICAGO, ILLINOIS, U.S. — Archer Daniels Midland Company (ADM) announced on May 5 that it has reached an agreement to acquire complete ownership of North Star Shipping and Minmetal, enhancing the company’s European origination and transportation network through the addition of export facilities at the Romanian Port of Constanta on the Black Sea.

North Star and Minmetal operate grain elevators and bulk commodity storage and warehousing as well as port services, stevedoring operations and a shipping agency at the mouth of ...

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Consumers concerned yet confused about GMOs

CHICAGO, ILLINOIS, U.S. — More than half of U.S. consumers say they are concerned about bioengineered ingredients or genetically modified organisms (GMOs), but many are unable to define them, according to The NPD Group. The research firm asked shoppers to describe GMOs in their own words, and the answers varied from “genetically altered” to “not natural,” with many respondents indicating “don’t know.”

The U.S. Department of Agriculture defines genetic modification as “the production of heritable improvements in plants or animals for ...

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Court denies attempt to stop Vermont’s GMO law

BURLINGTON, VERMONT, U.S. — A U.S. district court in Vermont on April 27 denied a preliminary injunction to stop Vermont’s GMO labeling law from going into effect. The court, however, denied the state of Vermont’s motions to dismiss certain issues brought up by industry groups seeking the injunction.

Vermont’s Act 120 still is scheduled to go into effect on July 1, 2016. It will require food intended for humans and offered for retail sale in Vermont to be labeled as genetically ...

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ADM adding to soybean, canola processing flexibility

CHICAGO, ILLINOIS, U.S. — Archer Daniels Midland Co. (ADM) said on April 27 that it is increasing its processing flexibility with investments in North Dakota, U.S., and Ontario, Canada.

The company is expanding its Enderlin, North Dakota, U.S., processing plant in order to give it the ability to crush soybeans in addition to canola and sunflower seeds. At the same time, the company will convert a canola processing line in Windsor, Ontario,Canada, to a flex line that also may process soybeans.

“By ...

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E.U. approves GM soybeans

WASHINGTON, D.C., U.S. — Following its proposal allowing E.U. member states to not import food with biotech traits, the European Commission on April 24 approved 17 biotechnology traits for import, including high-oleic soybeans.

Along with the Plenish and Vistive Gold soybean varieties, the E.U. approved dicamba-tolerant and omega-3 soybeans, all of which have been in the E.U. approval process for multiple years. High-oleic soybeans will give food processors the frying and baking qualities they need in an oil without the need ...

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