Jan 18, 2022

ADM Enters Supply Chain Agreement in China

Together with Nisun, ADM will work to develop supply chain transportation services

Liaogang Nisun Supply Chain Management Co. Ltd., a Fintech Digital Technology Co. Ltd. subsidiary and controlled affiliate of Nisun International Enterprise Development Group Co. Ltd., has signed a strategic cooperative with ADM Management Co. Ltd., a Shanghai, China-based subsidiary of Archer Daniels Midland Co.

Nisun focuses on linking key stages and stakeholders of the agriculture supply chain from agricultural research and development, production and processing to storage, transportation, sales and marketing, consumption and service.

ADM is one of the largest oilseed, corn and wheat processing companies in the world. ADM Shanghai, founded in July 2012, is the regional headquarters of ADM in China, responsible for managing all ADM Group factories in China.

Under this agreement, the two parties will work together on developing supply chain transportation services.

Nisun will help ADM efficiently transport products from its factories to designated locations across China.

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Marketwatch: May, 28

US Corn Price Idx: ZCPAUS.CM

open: 7.6273
high: 7.741
low: 7.6223
close: 7.7113

US Soybean Price Idx: ZSPAUS.CM

open: 16.9414
high: 17.1044
low: 16.9237
close: 16.9795

US Hard Red Winter Wheat Price Idx: KEPAUS.CM

open: 11.718
high: 11.9549
low: 11.658
close: 11.7977

US Soft Red Winter Wheat Price Idx: ZWPAUS.CM

open: 10.8628
high: 11.0906
low: 10.8128
close: 10.9646