ADM

Of the approximately 65 employees at the Lincoln facility, about 30 will be affected by the mill closing.

The agreement marks a significant step in strengthening the cottonseed supply chain and expanding ADM’s footprint in specialty oilseed processing.

By 2026, ADM and Bayer expect the initiative to significantly boost farmer livelihoods, reduce carbon footprints, and contribute to India’s broader sustainability goals.

The project leverages the Trailblazer pipeline of Tallgrass, a leading energy infrastructure company, to transport captured carbon dioxide (CO2) from its ethanol plant.

ADM’s total segment operating profit was US$845 million for the quarter, down 19% from the previous year, reflecting agricultural and biofuel sector challenges, including softened demand for sweeteners and starches and trade disruptions impacting oilseed crush margins.