NEWS
Ethanol Blog
George Orwel DTN Energy Reporter
Tue Feb 5, 2013 12:40 PM CST

NEW YORK (DTN) --- Archer Daniels Midland Company, the global agribusiness firm with its headquarters in Decatur, Ill., said earlier today it plans to reduce runs at two of its eight ethanol plants in the United States.

ADM Chief Operating Officer Juan Luciano announced the planned rate cuts during the company's earnings conference call this morning, and Schneider Electric again confirmed the plans with company spokesman David Weintraub a short while ago.

Details about the affected plants, including the size of the planned output cuts, would remain private, said Weintraub.

Weintraub said ADM has five wet mills and three dry ...

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