ADM · 10-Q · 2026Q3 · Full report

Acquisition / Partnership / Divestiture

Archer-Daniels-Midland Co · 2026-11-03 · Importance 31 · Surprise 42 · In source text

ADM and Planters launched Two Rivers Premium Oils, LLC, a cottonseed joint venture, in January 2026; Planters contributed its Pine Bluff, Arkansas, crush plant and regional origination and storage facilities, while ADM contributed its Memphis, Tennessee, cottonseed facility. ADM and Alltech launched Akralos Holding Company LLC, a North American animal feed joint venture, in March 2026, combining feed mills across the U.S. and Canada and portions of premix supplies. In October 2026, ADM signed a definitive agreement with CJ CheilJedang for a proposed majority-CJ-owned North and South American amino-acid joint venture involving facilities in Fort Dodge, Iowa; Piracicaba, Brazil; and Decatur, Illinois. The Akralos formation contributed to a $260 million decline in Nutrition sales volumes over the first nine months of 2026.

Key facts

• In October 2026, ADM executed a definitive agreement with a subsidiary of CJ CheilJedang to launch a North and South American joint venture majority owned by CJ. source
• The proposed CJ joint venture would combine CJ fermentation facilities in Fort Dodge, Iowa, and Piracicaba, Brazil, with an ADM amino acid facility in Decatur, Illinois, to develop, manufacture, and market fermentation-derived amino acids. source
• ADM launched Two Rivers Premium Oils, LLC, a cottonseed joint venture with Planters Cotton Oil Mill Inc., in January 2026. source
• ADM launched Akralos Holding Company LLC, a North American animal feed joint venture with Alltech Inc., in March 2026. source
• Planters contributed its crush plant in Pine Bluff, Arkansas, and additional regional origination and storage facilities to the Two Rivers Premium Oils joint venture; ADM contributed its Memphis, Tennessee, cottonseed facility. source
• ADM and Alltech contributed feed mills across the U.S. and Canada and respective portions of premix supplies to their joint venture. source
• The proposed CJ joint venture launch is subject to customary closing activities and regulatory approvals. source

Impact estimates