Archer Daniels Midland Company (NYSE: ADM) released the following
Archer Daniels Midland Company (ADM) and COFCO Group are proud to have
participated in a signing ceremony witnessed by U.S. President Donald
Trump, and President of the People's Republic of China, Xi Jinping, on
Thursday, Nov. 9, in Beijing, China.
This memorandum of understanding, signed by ADM and COFCO Group for the
export of U.S. soybeans into China, is a strong example of our
countries’ increasingly productive and mutually beneficial trade
relationship. The U.S. and China are the world’s two largest producers
and consumers of food, and together, both countries play a key role in
helping to achieve food security not only for their respective
populations, but for the globe.
ADM and COFCO are pleased to continue advancing agriculture as a basis
for ongoing cooperation and collaboration between our two countries, and
creating a foundation for a stronger overall bilateral relationship in
the years ahead.
For more than a century, the people of Archer Daniels Midland Company
(NYSE: ADM) have transformed crops into products that serve the vital
needs of a growing world. Today, we’re one of the world’s largest
agricultural processors and food ingredient providers, with
approximately 32,000 employees serving customers in more than 160
countries. With a global value chain that includes approximately 500
crop procurement locations, 250 ingredient manufacturing facilities, 38
innovation centers and the world’s premier crop transportation network,
we connect the harvest to the home, making products for food, animal
feed, industrial and energy uses. Learn more at www.adm.com.
Archer Daniels Midland Company