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October 30, 2018

Agribusinesses seek to modernize global agricultural commodity trade operations

Driven by opportunities to increase transparency and efficiency for customers, global agribusinesses are turning to emerging digital technologies – including blockchain and artificial intelligence options – to reduce resource- and time-intensive processes associated with the global agricultural commodity value chain.

Archer Daniels Midland Company (NYSE: ADM) (“ADM”), Bunge Limited (NYSE: BG) (“Bunge”), Cargill, Incorporated (“Cargill”), and Louis Dreyfus Company (“LDC”) are investigating ways to standardize and digitize global agricultural shipping transactions for the benefit of the entire industry. The companies also seek broad-based industry participation to promote global access and adoption. Read more

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