Bacres Grain Announces Strategic Partnership with ADM
Bacres Grain (Managed by Group Solum) and ADM Announce Partnership to Expand Grain Marketing for Southwestern Ontario Farmers
ALVINSTON, Ontario, [DATE] - Bacres Grain, managed by Group Solum, and ADM (NYSE: ADM) today announced an agreement for ADM to purchase and market corn, soybeans, and wheat delivered to the Bacres Grain elevator in Alvinston, Ontario.
Bacres Grain will continue to own and operate the elevator. Through the partnership, growers who deliver to Alvinston will have access to ADM's processing, logistics, and export networks across Ontario and internationally, giving them more options when it comes to where and how their grain is sold.
"Partnering with ADM is something we're genuinely proud of. Bacres Grain has always been committed to the farmers in this region, and this agreement is a direct extension of that. We're expanding what we can offer, and we're doing it alongside one of the strongest names in the grain business."
- Michaela Tessemaker, General Manager, Group Solum
"We're pleased to work with Bacres Grain to expand opportunities for growers in southwestern Ontario," said Chad Quinlan, ADM's Division Manager for Ontario Grain. "ADM's processing and logistics networks help connect farmers to new markets around the world, and we look forward to working with farmers in and around Alvinston to market their grain and strengthen their businesses."
The arrangement takes effect this October. Farmers interested in delivering corn, soybeans, or wheat to the Alvinston elevator, or looking for information on pricing and contracts, can contact:
Andrew Kozak and Kaitlyn Lajoie
519-972-8100
About Bacres Grain
Bacres Grain, managed by Group Solum, is a grain elevator in Alvinston, Ontario, owned and operated by two 3rd generation farmers with deep roots in the local community. The elevator serves corn, soybean, and wheat growers across southwestern Ontario, with a focus on reliable service and straightforward grain marketing.
About Group Solum
Group Solum is an Ontario-based agricultural management company with farming roots going back to 1975. The company oversees a portfolio of agriculture-driven businesses across grain marketing, fertilizer distribution, transportation, and equipment manufacturing.
About ADM
ADM unlocks the power of nature to enrich the quality of life. We're an essential global agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. We're a premier human and animal nutrition provider, offering one of the industry's broadest portfolios of ingredients and solutions from nature. We're a trailblazer in health and well-being, with an industry-leading range of products for consumers looking for new ways to live healthier lives. We're a cutting-edge innovator, guiding the way to a future of new bio-based consumer and industrial solutions. And we're leading in business-driven sustainability efforts that support a strong agricultural sector, resilient supply chains, and a vast and growing bioeconomy. Learn more at www.adm.com.
Media Contact
Michaela Tessemaker
Bacres Grain / Group Solum
+1 (587) 999-5280