Archer-Daniels-Midland Co. — working to put an accounting scandal behind it — has hired a 3M Co. executive to oversee its finances and help restore its credibility with shareholders.

Archer-Daniels-Midland Co.’s shares slumped as the agribusiness giant warned of pressured margins for the remainder of the year, even as quarterly earnings beat estimates.

Canada is investing C$6.7 million from its National Trade Corridors Fund on two projects to improve and increase capacity at the Port of Thunder Bay, a key grain transport hub.

China canceled another batch of U.S. wheat export shipments, adding to an already record number of cancellations that have weighed on Chicago futures.

Canada is investing up to $26.3 million to improve multimodal operations in Port Windsor in Ontario at a key grain terminal operated by U.S.-based Archer Daniels Midland Co. that handles corn, soya and canola.

The Biden administration granted a fuel policy change designed to boost sales of corn-based ethanol, but delayed the shift until 2025 to prevent gasoline price spikes this summer.

Legislation meant to enhance cybersecurity in the agriculture sector was recently introduced by a bipartisan group of senators.

Nearly half of $18.89 million in U.S. Department of Agriculture biofuel grants recently awarded to 22 states will be funneled to projects that increase biodiesel storage, distribution and dispensing.

Archer-Daniels-Midland Co. plunged after the U.S. agricultural trading giant suspended its CFO and cut its earnings outlook pending an investigation into its accounting practices.

Iowa Gov. Kim Reynolds has extended through Nov. 11 the state’s seasonal grain harvest proclamation allowing overweight loads for vehicles transporting agricultural products.