date:Aug 01, 2013
US-based Archer Daniels Midland (ADM) has entered into a 81-20 Grain Terminal joint venture with Central Valley Ag Cooperative (CVA) to establish a bushel shuttle loader grain elevator near Randolph, Nebraska.
The elevator will source corn and soybeans from local farmers, primarily for transportation by 110-car BNSF shuttle trains to export markets through the US Gulf Coast, Pacific Northwest and Southwest.
ADM and CVA will each own 50% of the grain facility, which is expected to begin operati