ADM to expand traceable soybean pilot after U.S. to Europe deliveries
(Posted on 25/01/24)
ADM, a global leader in sustainably sourced solutions from nature, has announced that it has loaded and shipped its first vessels of verified, fully traceable soybeans from the U.S. to Europe. With the completion of the initial phases of the program, and in anticipation of the new EU deforestation regulations becoming effective at the end of the year, ADM now intends to expand these capabilities to other key locations across North America in the 2024 growing season.
“At ADM, our future and success depend on the farmers we work with and for, which is why we’re committed to helping support their businesses and their legacies by ensuring that global markets remain open to U.S. agricultural products,” said Matt Hopkins, ADM’s vice president, North America River and Export. “This program – along with our comprehensive plan to achieve 100% deforestation-free supply chains by 2025 – demonstrate the value of ADM’s irreplaceable global footprint and our investments in climate-smart and regenerative agriculture.”
“While there are still issues – including how full compliance will be defined, measured and enforced – to work through in advance the EU’s deforestation regulations, we are confident in our ability to continue to deliver to customers in Europe,” said Jon Turney, ADM’s vice president, EMEA Crush. “We will continue to work with stakeholders – including farmers, government and industry – across our supply chains in the U.S. and other key regions in between now and the new regulations coming into effect on December 31.”
ADM’s traceable soybean program is an outgrowth of its International Sustainability & Carbon Certification (ISCC) certified bean program, and utilizes cutting-edge technology – such as FBN’s Gradable digital platform – as well as ADM’s origination and transportation capabilities to verify, trace and segregate participating beans from farms to their final destination.
In the wake of the successful pilot, which delivered 2.4 million bushels (64,000 metric tons) of fully traceable soybeans to European customers in 2023, ADM intends to broaden the program to additional North American locations in 2024, providing the opportunity for interested farmers to continue to participate in current and new global markets that generate greater value and preference for their crops.
Latest News
NGFA applauds reintroduction of HAULS Act
(Posted on 24/12/25)The National Grain and Feed Association (NGFA) has applauded Senator Deb. Fischer’s (R-Neb.) reintroduction... Read more
Anglo American and Teck receive approval for merger of equals
(Posted on 18/12/25)Anglo American plc and Teck Resources Limited have received regulatory approval from the Government... Read more
Rhodes Ridge $191m feasibility study on Pilbara iron ore mine
(Posted on 18/12/25)The Rhodes Ridge Joint Venture has approved a $191 million (A$294 million) (Rio Tinto share $96 million... Read more
Strong metals trading as Trafigura publishes annual results
(Posted on 09/12/25)Trafigura Group Pte Ltd, a global leader in the commodities industry, has announced its financial results... Read more
Rio Tinto’s Nuton technology produces first copper
(Posted on 09/12/25)Rio Tinto has successfully produced the first copper from the Johnson Camp mine in Arizona using its... Read more
US soy and Uzbekistan sign MoU to expand trade
(Posted on 02/12/25)The American Soybean Association’s World Initiative for Soy in Human Health programme and the... Read more
KNAC and Rio Tinto sign updated agreement
(Posted on 02/12/25)Karlka Nyiyaparli Aboriginal Corporation (KNAC) Registered Native Title Body Corporate and Rio Tinto... Read more
OCI Global announces sale of OCI Ammonia Holding to AGROFERT
(Posted on 02/12/25)OCI Global, a leading global producer and distributor of nitrogen products has announced that it has... Read more
Court of Appeal confirms permit for new steel plant in Luleå
(Posted on 24/11/25)In December 2024, SSAB was granted a permit by the Land and Environment Court at Umeå District... Read more
Simandou partners celebrate start of operations
(Posted on 15/11/25)The President of the Republic of Guinea has joined project partners WCS1, Baowu, Chinalco and Rio Tinto... Read more
