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ADM Ethnaol Case Moves to Illinois

Judge rules Green Plains claims nearly identical to other cases

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The legal fight to prove alleged ethanol market manipulation against Archer Daniels Midland will be consolidated in a federal court in Illinois after a Nebraska court approved ADM's motion to change venue, reports Progressive Farmer.

Omaha-based Green Plains Inc. filed a class-action lawsuit in July alleging ADM conducted a scheme to illegally depress the ethanol cash spot market.

There are two other similar lawsuits filed in the U.S. District Court for the Central District of Illinois, one by Midwest Renewable Energy (MRE) and another by Swiss company AOT Holdings. Both cases allege ethanol-market manipulation by ADM.

Judge Michael D. Nelson in the U.S. District Court for the District of Nebraska said in his order on Friday Green Plains' case is nearly identical to the other two cases.

Read the full report at Progressive Farmer.

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