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Profits from corn and oilseed processing were up in Q4, ADM saidUS: GrainCorp chase hits profits but ADM claims "strong finish" to 2013

4 February 2014

Archer Daniels Midland's failed bid to buy Australian agribusiness GrainCorp hit the US giant's fourth-quarter earnings but the company claimed "a strong finish" to 2013 with operating profit up.

just-food's review of 2013: supply chains and sustainbility

6 January 2014

Perhaps the biggest story of the year, with the widest impact on the sector, was the horsemeat contamination saga. However, it was ironic the scandal should occur when food companies are placing increased scrutiny on the sustainability of their supply chains. And this year has seen some notable developments as food companies have sought collectively or individually to address sustainability issues in their supply chains.

US/UKRAINE: ADM to settle bribery case

23 December 2013

Archer Daniels Midland is to pay US$54m to settle cases of bribery at a subsidiary in Ukraine.

just-food's review of 2013: the year's most-read analysis

19 December 2013

Our discussion of Whole Foods' battle to see off newly-listed rivals Sprouts Farmers Market and Fairway, Unilever's ongoing moves to rationalise its portfolio, the impact Chinese demand was having on global infant formula supplies and the continued M&A in the sector were among the most popular analysis articles on just-food this year.

Consuming issues: Why Wilmar palm oil move is good news

13 December 2013

The upbeat response to the most recent announcement concerning the sustainability of palm oil owes little to such cultural pre-programming or seasonal hyperbole. The commitment to the sustainable production and sourcing of palm oil made by Wilmar International is, quite simply, extremely good news, writes Ben Cooper.

AUS: ADM deal failure sees GrainCorp CEO join SPC Ardmona parent

2 December 2013

GrainCorp CEO Alison Watkins has decided to leave GrainCorp after Archer Daniels Midland's bid to buy the Australian grain merchant was blocked - and she has accepted a job at the parent of canned foods group SPC Ardmona.

Editor's choice: the highlights on just-food last week

2 December 2013

A change at the top of the world's largest retailer grabbed the headlines this week. Doug McMillon, the head of Wal-Mart's overseas business, is to be promoted to become the US retail giant's CEO. Elsewhere, there was a raft of M&A stories. Murray Goulburn made what is so far the highest bid for Australian dairy Murrau Goulburn, Associated British Foods lodged an interest in UK rice brand Tilda and Premier Foods is in talks with private equity over investment in its bread arm.

Quote, unquote: just-food's week in words

2 December 2013

The battle for Warrnambool Cheese and Butter Factory continued this week, with the latest twist coming from Australian dairy co-op Murray Goulburn, which increased its offer for the company.

AUS: Australia blocks ADM takeover of GrainCorp

29 November 2013

Australia has blocked Archer Daniels Midland's bid to buy local agribusiness GrainCorp.

Sustainability Watch - Timothy Venverloh, Archer Daniels Midland

27 November 2013

As one of the largest traders of agricultural raw materials in the world, Archer Daniels Midland is probably a direct or indirect link in more food supply chains than it is possible to quantify. Global sustainability director Timothy Venverloh explains how ADM is setting about making its business and those of the companies it supplies more sustainable.

US: ADM makes pledges to bolster GrainCorp bid

27 November 2013

Archer Daniels Midland has revealed a raft of commitments, including infrastructure investment, in a bid to secure approval for its proposed acquisition of Australian firm GrainCorp.

AUS: MPs seek to block ADM's GrainCorp takeover

19 November 2013

A group of Australian MPs have joined forces to oppose the takeover of GrainCorp by US agribusiness giant Archer Daniels Midland.

US: ADM 9M earnings edge up on lower charges

30 October 2013

Archer Daniels Midland has booked an increase in net earnings during the first nine months of the year, despite pressure on operating profit, thanks to lower one-time charges

US: Cargill "in final stages" of ADM cocoa deal

2 October 2013

US agribusiness giant Cargill is reported to be close to securing a deal to acquire Archer Daniels Midland's cocoa business.

US: Profits slide as ADM raises bribery probe provision

6 August 2013

Archer Daniels Midland has booked a drop in first-half earnings on higher costs and an increased provision set aside to settle a bribery investigation being carried out by US authorities.

Editor's choice: the highlights on just-food last week

22 July 2013

China has once more dominated the headlines, as we brought you coverage of our recent trip to the country where we were given the opportunity to meet with Nestle CEO Paul Bulcke.

Deal or no deal: Cargill touted as ADM cocoa suitor

18 July 2013

Reports emerged earlier this month that US agribusiness giant Cargill is exploring the possibility of buying Archer Daniels Midland's (ADM) cocoa business. While not confirmed, such a purchase would create a global giant in the sector. Michelle Russell takes a closer look.

Editor's choice: the highlights on just-food last week

8 July 2013

The story of the week centred around China's probe into the alleged fixing of infant formula prices in China, an investigation that has taken in the likes of Nestle and Danone. Elsewhere, consumer goods giant PZ Cussons has decided to move further into food with its acquisition of Australian baby food business Rafferty's Garden. And our latest executive interviews included Australian free-from business Freedom Foods Group and UK baker Finsbury Food Group.

Quote, unquote: just-food's week in words

8 July 2013

Last week saw just-food following China's investigation into the alleged fixing of infant formula prices, which has involved Danone, Nestle and Mead Johnson. We also spoke with a number of company executives about their growth plans including the MD of Australia-based Freedom Foods Group, Rory McLeod, who outlined the company's plans and explained why gluten-free needs to focus more on taste. We also spoke with Finsbury Foods CEO John Duffy about the potential the company sees in bread. Elsewhere, Ocado released its first-half results and FMCG giant PZ Cuzzons struck a surprise deal to buy Australian baby food business Rafferty's Garden.

SWITZ: Barry Callebaut volumes beat market forecasts

4 July 2013

B2B chocolate giant Barry Callebaut today (4 July) reported an 8% increase in sales volumes for the first nine months of its financial year, with growth, it said, across all regions.

US: Cargill coy over "interest" in ADM cocoa business

3 July 2013

US agribusiness giant Cargill has remained coy over reports it is exploring the possibility of buying Archer Daniels Midland's cocoa business.

Editor's choice: the highlights on just-food last week

24 June 2013

The leading story this week was clear: the UK's announcement of what the new front-of-pack nutrition label will look like and crucially, which companies have signed up - and which haven't. The Australian government also put forward plans for a front-of-pack label, although the country's food industry was less than happy. Elsewhere, M&A dominated, with Archer Daniels Midland admitting it was in talks to sell its cocoa business, Chinese dairy giant Mengniu looking to buy local infant formula firm Yashili and Campbell Soup Co. making another acquisition outside the soup sector.

US: ADM confirms talks over cocoa unit sale

21 June 2013

US agri-giant Archer Daniels Midland has confirmed it is in talks over a potential sale of its cocoa business.

UK: ADM cocoa plant gets sustainable palm oil certification

13 June 2013

Archer Daniels Midland is to use segregated sustainable palm oil for products made at its cocoa ingredients plant in the UK.

UK: Princes invests in olive oil facility expansion

23 May 2013

UK canned tuna producer Princes is to invest GBP6.4m (US$9.7m) in the expansion of its olive oil facility in Liverpool.

US/AUS: ADM to press ahead with GrainCorp takeover

2 May 2013

Archer Daniels Midland is set to table an offer for GrainCorp after completing an agreed period of due diligence on the Australian grain trader.

US: ADM profit falls on higher costs

2 May 2013

Archer Daniels Midland has booked a drop in first-quarter profits as higher costs hit the bottom line.

AUS: GrainCorp backs sweetened ADM takeover bid

26 April 2013

The board of Australian grain trader GrainCorp has backed an improved takeover bid from US agri-giant Archer Daniels Midland, which values the company at around A$2.6bn (US$2.7bn)

MEXICO: Gruma shows "significant" Q1 improvement

25 April 2013

Mexican food group Gruma said it started to show "significant improvements" in the first quarter as earnings climbed.

INDONESIA: Wilmar, Noble form palm oil joint venture

22 February 2013

Singapore agribusiness giant Wilmar International has formed a joint venture with global agri peer Noble Group to produce palm oil and its by-products in Indonesia.

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