ORGANISATION · US · NAICS 424510 Grain and field bean merchant wholesalers
Archer-Daniels-Midland Company
www.adm.com · 1 documented exposure in the atlas.
US grain shuttle freight: secondary bids deflate after a $1,100 spike while 2027 shuttles sell at twice last year's price, autumn 2026
Competitor · Operational, local · evidenced · Demand shock, 2026-10-29
“ARTCo operates a fully integrated transportation network on the inland waterways. Operations consist of one of the largest covered hopper barge fleets in North America, a vast network of harbor services locations on the river system, linehaul towing vessels, and a large stevedoring operation in the gulf.” — source, 2026-11-04
ADM's ARTCo runs covered hopper barges and Gulf stevedoring, the barge-to-Gulf route that substitutes for shuttle rail to the Pacific Northwest. That ADM gains share when shuttle premiums rise, or loses it when they fall, is inferred; the BNSF elevator list also flags ADM-Benson Quinn shuttle facilities, so ADM sits on both routes.
Series concerned: locks27-upbound-empty-barges stlouis-barge-rate-pct bnsf-shuttle-bid-next-month-usd-car up-shuttle-bid-next-month-usd-car · read the edition →
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