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As ethanol boom fades, ADM sees bright future for corn in grocery aisle

2015-05-23 14:40:59| Agriculture - Topix.net

May 22 The world's largest corn processor, Archer Daniels Midland Co, is shifting focus from its long-standing cash generator ethanol into developing new food ingredients as the biofuel boom that underpinned its financial success has cooled. The shift could be one of the most transformative moves ever made by 113-year-old ADM, triggered by signs of strain in its legacy products.

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