Page 2 - Vantage Corn Processors News Today

In Illinois, ADM has decided to reopen two mothballed ethanol mills. “We’ve been carefully monitoring a wide variety of industry ethanol conditions, and in recent weeks, we’ve seen consistent signs pointing to accelerating demand for domestic ethanol. Inventories across the industry are steadily coming down, China is importing volumes, we continue to expect driving miles to increase as the pace of vaccinations accelerates, and the EPA’s support of a strong Renewable Fuel Standard is hel...

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By Reuters Staff 1 Min Read April 1 (Reuters) - Archer Daniels Midland said on Thursday it plans to restart production at two of its U.S. corn dry mills this year as it expects demand for ethanol to surge. The company will restart production at its Vantage Corn Processors dry mills in Cedar Rapids, Iowa, and Columbus, Nebraska, and begin corn grind immediately. (bit.ly/3cHvRSU) (Reporting by Arathy S Nair in Bengaluru; Editing by Ramakrishnan M.)

Tim Robberts/Stone/GettyImages Chinas appetite for U.S. crops drives earnings to $3.59 a share and CEO expects another record year in 2021. Bloomberg | Jan 26, 2021 By Isis Almeida China is so hungry for American crops that it’s driving earnings of one of the world’s largest agricultural commodities traders to a record. Archer-Daniels-Midland Co. delivered all-time high earnings of $3.59 a share on an adjusted basis last year, and Chief Executive Officer Juan Lucia...