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Shining Light on Farm & Food Policy for 20 Years.
Tuesday, November 26, 2024
Higher margins in its ag services and oilseeds business helped push ADM to an operating profit of about $6.5 billion for its fiscal year 2022, an increase of 41% over 2021.
The Senate Agriculture Committee will hold a landmark hearing this week on a bipartisan plan to accelerate the development of agricultural carbon markets, and the panel also is set to act on a measure to reauthorize federal grain standards and export inspections.
A possible merger between grain giants Archer Daniels Midland and Bunge would allow the companies to lower their costs by consolidating operations, but also would reduce competition in the ag marketplace, potentially hurting farmers already suffering from low commodity prices.
