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ADM and Planters Cotton Oil Mill forge cottonseed processing joint venture
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Saturday, 10 January, 2026, 16 : 00 PM [IST]
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Chicago, USA
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Archer-Daniels-Midland Company a global leader in agricultural processing and supply chain solutions, and Planters Cotton Oil Mill, Inc., a premier gin-owned cooperative cottonseed processor, have agreed to establish a new cottonseed processing joint venture aimed at strengthening the cottonseed supply chain and better serving both suppliers and end customers.
Under the terms of the agreement, Planters will contribute its crush plant and associated origination and storage facilities in Pine Bluff, Arkansas to the joint venture, while ADM will contribute its cottonseed facility in Memphis, Tennessee. The cottonseed oil refinery at the Memphis site is expected to continue operations under the joint venture, although the crushing operations at that location will be phased out as part of the asset optimisation plan.
The new standalone company will be governed by a board with equal representation from both ADM and Planters, with ADM holding a 60% ownership stake. This structure reflects the strategic importance of the venture for both partners as they aim to create a more efficient, resilient and competitive supply chain for cottonseed products.
“ADM is continuing to strengthen its portfolio, delivering on opportunities for strategic simplification and ensuring we have the right footprint to serve our stakeholders and position ourselves for continued growth,” said Fred Serven, General Manager of ADM’s cottonseed business. He added that the joint venture will support the long-term strength, stability and efficiency of the cottonseed supply chain from farmers and ginners through to end customers.
From Planters’ perspective, the partnership heralds a new chapter for the cooperative. Cody Young, CEO of Planters, emphasised that combining expertise, facilities and its gin-owned heritage with ADM’s operational scale and resources will enhance product quality and deliver greater value for members, customers and the broader agricultural community. The venture also underscores shared commitments to sustainability and operational excellence.
Both companies intend to finalise the transaction and launch the joint venture in the first quarter of 2026, marking a significant step forward in collaborative processing solutions within the cottonseed industry.
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