06/25/2009 03:05PM
Archer Daniels Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products primarily in the United States. It operates in three segments: Oilseeds Processing, Corn Processing, and Agricultural Services.
The Oilseeds Processing segment engages in
05/21/2009 03:01PM
AURORA, S.D. (AP) — Valero began its move to corn country like any new neighbor would.
It grilled up some burgers and brats.
Executives from the big, Texas oil refiner traveled this week through farmlands from South Dakota to Iowa, trying to soothe the nerves of farmers that will supply their new
04/09/2009 07:14AM
NEW YORK (Dow Jones)--An ethanol oversupply will continue through the year's end, even if Aventine Renewable Energy Inc. (AVRN) shutters its plants while it tries to reorganize under bankruptcy protection.
Aventine filed for protection under Chapter 11 late Tuesday, following nearly a dozen other
04/06/2009 08:07AM
FORT DODGE, Iowa - Less than a month after assuring their workers that none would be laid off, corn producer Tate & Lyle has announced it will cut more than half of its workforce at its plant west of Fort Dodge. Spokesman Chris Olsen says 56 of the plant's 90 employees have been laid off. Twenty
12/23/2008 09:34AM
ST. LOUIS (December 23, 2008) -- The National Corn Growers Association (NCGA) has released updated information for corn growers concerned about the status of pending contracts with the bankrupt ethanol producer VeraSun.
Newly posted on the NCGA Web site are briefing papers that update growers on
12/05/2008 08:41AM
MANKATO, Minn. - A bankruptcy judge in Delaware has ruled that VeraSun Energy Corp., can renege on its recent corn contracts for ethanol plants in Janesville and Welcome in southern Minnesota.
The ruling came over the objections from corn farmers and lenders who were concerned the ruling would destroy
12/04/2008 07:59AM
One day last April, in an impassioned call for action, the president of the World Bank declared that 100 million people worldwide would fall deeper into extreme hunger and poverty. The reason: Higher food prices.
The next morning, at the stately headquarters of Cargill Inc. near the wooded shores
11/17/2008 06:47PM
WASHINGTON (Dow Jones)--The U.S. ethanol industry says that carmakers should be required to step up production of ethanol-friendly vehicles in exchange for help through a federal bailout.
"If you're going to have a bailout bill for the auto companies, I think that's probably a good thing," Robert
11/03/2008 03:39PM
Sioux Falls, S.D., October 31, 2008 - VeraSun Energy Corporation (NYSE: VSE), one of the nation’s largest ethanol producers announced today the Company and 24 of its subsidiaries have filed voluntary petitions for relief under chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court