ADM to Expand Traceable Soybean Program
ADM’s traceable soybean program, which is an outgrowth of its International Sustainability & Carbon Certification certified bean program, uses cutting-edge technology, including FBN’s Gradable digital platform and its own origination and transportation capabilities, to trace, verify, and segregate participating soybeans from their farms to final destination.
During the pilot phase of the program, the company delivered 2.4 million bushels, or 64,000 tons, of fully traceable soybeans to European customers during 2023. Following such success, the company announced its plans to expand the program to additional North American locations in 2024, giving more farmers the ability to participate in current and new global markets in anticipation of new EU deforestation regulations taking effect at the end of the year.
The company stated that this program, together with its comprehensive plan to establish 100 percent deforestation-free supply chains by 2025, demonstrates its commitment to climate-smart and regenerative agriculture and its unmatched value in global trade.
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