Archer Daniels Midland

So I did have a chance to visit with her on on many fronts, but she was here primarily for two reasons.

One, of course, we were at ADM in Cedar Rapids, which is the largest corn milling facility in the world that's inside of the largest corn milling city in the world.

And so we're really talking about value-added agriculture.

And she, while she could not give us exact details, was able to share, and she did this publicly, so I'm not giving anything away, but that we were in the final stages of negotiation with Mexico to see a significant opportunity for ethanol.

I can start with the regenerative agriculture and our partnership.

We actually have a partnership with ADM and we're excited about that because to accelerate the adoption of regenerative agriculture practices to ensure the long-term health of the planet and resilience of our farming communities and the continued quality of the ingredients that we provide to our pet partners is very important to us.

It's really science-led nutrition.

Hills has a 75-year legacy of science-led pet nutrition.

And so we feel we must invest in the health of our land to safeguard the high quality nutrition that pets deserve.

In this partnership, we have provided financial incentives and technical tools to help farmers transition to sustainable field practices, including cover cropping, fertilizer efficiency, and advanced pest management.

And we've started again with ADM spanning approximately approximately 16,000 acres in Illinois and Minnesota, and 2,500 acres in Hungary.

And again, aiming to enhance soil health, increase carbon sequestration, reduce erosion, and improve water quality.

And he's like, who are you? And I told him who I was.

And I go, what are you doing going to Nashville? And he had worked at ADM for 25 years in charge of their whole biofuels program.

So you'll like Mr. Craig.

He's a good dude.

We had the grand in all species on our rival feeds.

So that was, you know, as the young guys, you know, as far as, you know, we weren't the, you know, the archer, you know, Daniel Midland, you know, we were.

you know the i guess i call them the legacy feed companies the perinas you know that you know have probably been doing that for a while i mean it was fun for us to be the young kids you know the new guys in the block you know and have you know where you know the pigs the cattle the sheep and the goats all all four species you know being you know on our feeding supplements was uh was pretty awesome for us that's

huge yeah absolutely that's huge absolutely when was uh did you win Louisville win

Cash price, $11.84. Five Star Co-op Nashua, 52 cents under on corn, $3.93. Soybeans, 93 cents under at $11.11. At Lincoln Way Energy Nevada, they're 30 cents under on corn.

Cash bid, $4.15. ADM Des Moines, 30 cents under on soybeans.

Their cash bid, $11.74. New Co-op Red Oak, $0.37 under on corn, $4.08. Soybeans, $0.75 under, $11.29. Mid-Iowa Cooperative Green Mountain, $0.45 under on corn.

Cash bid, $4.

Yeah.

So I know ADM is going to be out there in force with their team, and we've got a different group coming in every night.

So it's going to be busy, but we have a lot of support from local law enforcement, and we have signage, and it'll be...

As smooth as it can be.

We'll point that one out to you when we get there.

ADM Burlington, 15 cents under on corn, 427.

Soybeans, 39 cents under at 1167.

Cargill-Eddyville, $0.15 under on corn, cash bid $4.27. New Co-op, Algona, $0.40 under on corn, $4.02. Soybeans, $0.75 under at $11.31. Ag State, Sheldon, $0.37 under on corn, $4.05. Soybeans are $0.68 under at $11.38. At Ag State, Alta, they're $0.45 under on corn with a cash bid of $3.97. Soybeans $0.73 under at $11.33. Cargill Cedar Rapids $0.18 under on corn, $4.24. Soybeans $0.20 under, cash bid $11.86. Five Star Co-op Nashua $0.52 under on corn, $3.90. Soybeans $0.93 under at $11.13. Lincoln Way Energy Nevada $0.30 under on corn, cash bid $4.12. ADM Des Moines $0.30 under on soybeans, the cash price there $11.76. New Co-op Red Oak, $0.37 under on corn, $4.05, soybeans $0.80 under, $11.26. Mid-Isle Cooperative Green Mountain, $0.45 under on corn, $3.97, soybeans $0.80 under at $11.26. At New Co-op Sheraton, they're $0.40 under on corn, cash bid $4.02, soybeans $0.84 under, cash price $11.22. Waukon Feed Ranch, $0.56 under on corn, $3.86. Soybeans, $0.78 under the November contract at $11.15. Back to January.