ADM Statement on U.S.-Mexico Sugar Agreement
CHICAGO, June 6, 2017— ADM commends the U.S. and Mexico for reaching an agreement in principal that aims to preserve cross-border trade of sweeteners between our two countries. Ensuring continuity of trade provides stability for the U.S.-Mexico integrated sweeteners market, which benefits consumers and producers of food and agriculture products across our borders.
We applaud the leadership of U.S. Department of Commerce Secretary, Wilbur Ross, and his team, for their commitment to pursuing an outcome that will benefit U.S. farmers and America’s agriculture communities that depend upon Mexico as a critical export market.
ADM supports policies that ensure the free and fair flow of trade, which is essential for feeding the world and bolstering opportunities for America’s rural economies.
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