ADM to Expand Traceable Soybean Pilot After First Deliveries to Europe
2024年1月17日 - 5:00AM
ビジネスワイヤ(英語)
Successful pilot has resulted in 2.4 million bushels (64,000
metric tons) of verified, fully traceable U.S. soybeans shipped
from U.S. to Europe
Program to expand to additional North America locations for
2024 growing season
ADM (NYSE:ADM), a global leader in sustainably sourced solutions
from nature, announced today 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.
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ADM traceable soybeans being loaded for
shipment to Europe. (Photo: Business Wire)
“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.
About ADM
ADM unlocks the power of nature to enrich the quality of life.
We’re a premier global human and animal nutrition company,
delivering solutions today with an eye to the future. We’re blazing
new trails in health and well-being as our scientists develop
groundbreaking products to support healthier living. We’re a
cutting-edge innovator leading the way to a new future of
plant-based consumer and industrial solutions to replace
petroleum-based products. We’re an unmatched agricultural supply
chain manager and processor, providing food security by connecting
local needs with global capabilities. And we’re a leader in
sustainability, scaling across entire value chains to help
decarbonize our industry and safeguard our planet. From the seed of
the idea to the outcome of the solution, we give customers an edge
in solving the nutritional and sustainability challenges of today
and tomorrow. Learn more at www.adm.com.
Source: Corporate Release Source: ADM
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version on businesswire.com: https://www.businesswire.com/news/home/20240111796840/en/
ADM Media Relations Jackie Anderson media@adm.com
312-634-8484
Archer Daniels Midland (NYSE:ADM)
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