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
SSAB achieves IEA threshold for near-zero CO2e emissions steel
(Posted on 29/09/25)SSAB Zero steel produced with hydrogen-reduced iron from HYBRIT technology is the world’s first... Read more
Trafigura expands $400M US EXIM-Backed Revolving Credit Facilities
(Posted on 29/09/25)Trafigura, a global leader in the commodities industry, has successfully renewed and expanded the scope... Read more
Bunge and Bangkok Produce Merchandising expand soy supply partnership
(Posted on 22/09/25)Bunge and Bangkok Produce Merchandising Public Company Limited, a subsidiary of Charoen Pokphand Group... Read more
NGFA applauds Senate confirmation of USDA Under Secretaries
(Posted on 22/09/25)The National Grain and Feed Association (NGFA) has commended the U.S. Senate for confirming three key... Read more
Agreement secures long-term bulk logistics capacity for South African miner
(Posted on 14/09/25)Transnet SOC Ltd and Tshipi é Ntle Manganese Mining (Pty) Ltd have concluded a milestone 10-year... Read more
Bühler appoints Mike Häfeli as the new CEO of Grains and Food business
(Posted on 14/09/25)Bühler Group has announced a key leadership transition within its Grains & Food business. After... Read more
ADM increases export capacity with expanded Windsor, Ontario grain terminal
(Posted on 09/09/25)ADM Agri-Industries in Windsor has celebrated the opening of its expanded grain terminal at the Port... Read more
Anglo American and Teck to combine to form global critical minerals champion
(Posted on 09/09/25)Anglo American plc and Teck Resources Limited have announced that they have reached an agreement to... Read more
Ag leaders urge Senate to confirm Dr. Julie Callahan as Chief Negotiator
(Posted on 09/09/25)The National Grain and Feed Association (NGFA), joined by 89 agricultural organizations, has voiced... Read more
Rio Tinto streamlines to unlock additional shareholder value
(Posted on 01/09/25)Rio Tinto has announced a new operating model and executive team to shape the company’s next chapter... Read more
