Archer Daniels Midland Company (NYSE: ADM) today announced that it has selected Cedar Rapids, Iowa as the second location for its ethanol capacity expansion. Cash Bids, hours, and information for Cedar Rapids, IA (Corn Processing) Current bid opportunities. Processor Bids and Hours are subject to change, please call before hauling. Signs along the road mark orange, red, green and blue routes to aid emergency personnel in case they need to make their way through the sprawling complex. ** This communication has been prepared by Cargill, Incorporated. 2021 Cedar Rapids Metro Economic Alliance | economicalliance@cedarrapids.org | Privacy Policy | Web Application by Informatics, Inc.172.17.0.2. Short on time? Selling or finding partners for the plants would be a major overhaul of ADM's ethanol business since it started production at its first mill in Decatur, Ill. Riley has been with ADM for 27 years, he said. The most recent big expansion at the Cedar Rapids site was in 2010, for its dry mill. 24 - Products derived from corn at the Cedar Rapids plant. (Nick Rohlman/The Gazette), By Michael Chevy Castranova, - The Gazette, By Malena Carollo and Ben Tanen - Washington Post and the Markup. ADM-Corn Processing Division. Download Our App Today To Access: Offers, Tickets, Contracts, and More // LocalGovernment >DepartmentsG-V >PurchasingServices >BidOpportunities. You're going to love it. If you select a Spot grain contract, ADM will define expectations for final pricing, payment and delivery, and continue to look for ways to help you improve your grain marketing. But theres a lot more to your ADM team: Knowledge, guidance, and a variety of tools to help you be a better marketer of your crops. YEARS. Home >LocalGovernment >DepartmentsG-V >PurchasingServices >BidOpportunities. You will begin to receive ourDaily News updates. Grain Marketing Contracts, News & Planning Tools | ADM Advantage Add newsletters@thegazette.comto your contacts. Now, the plants are more of a headache for the Chicago-based company, considered an industry pioneer, amid crushed margins and weak prices as the financial success of its almost 40-year- old business fades. Purchasing Services Division works to ensure that Cedar Rapids taxpayers receive the maximum value for every purchase made on behalf of the City. Read some helpful dos and donts from ADMs Matthew Kroes on using offers. Over time, this ADM facility has developed joint ventures with some of its neighbors, such as Saf-Pro Ingredients and Red Star Yeast, both brands of French yeast manufacturer Lesaffre. The three dry-mill ethanol plants, some of the largest in the country, represent just under half of ADM's 1.8-billion-gallon-per-year U.S. ethanol capacity. Compensation for Reducing Tillage and/or Planting Cover Crops. We are committed to the responsible, sustainable development of agriculture throughout the world. 1350 Waconia Ave SWCedar Rapids, IA 52404. Headquartered in Chicago, the multinational food processor now boasts 120 ingredient manufacturing facilities and some 40,000 employees across 170 counties. Cash Bids are based on at least 10 minute delayed futures prices, and are subject to change. Cotton is trading with 60 to 75 point gains so far this morning. Daily Bids - MID IOWA COOPERATIVEMID IOWA COOPERATIVE Market Commentary Daily Bids Mid Iowa Cooperative has launched a new app. 2023 Cargill, Incorporated. 1.8 billion - Gallons of ethanol ADM can produce annually throughout all its facilities. 2023 The Gazette | All Rights Reserved. GrainBridge makes it powerfully easy to consolidate your grain accounts from ADM and other buyers into one dashboard. In fact, most of the product that departs here goes by train, Mullins added. 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