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ADM and Cargill complete agreement launching Grainbridge technology JV focused on farmer profitability

CHICAGO and MINNEAPOLIS (March 5, 2019) — Archer Daniels Midland Company (NYSE: ADM) and Cargill have successfully completed their transaction, formally launching Grainbridge, LLC. The joint venture will develop digital tools to help North American farmers consolidate information on production economics and grain marketing activities into a single digital platform, at no cost to them.