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ADM ABANDONS BALTIMORE GRAIN EXPORT OPERATIONS

ADM ABANDONS BALTIMORE GRAIN EXPORT OPERATIONS

   Grain giant Archer Daniels Midland Co. has ended operations at its Baltimore export grain elevator.

   ADM operated the grain elevator in the port for 40 years. In June 2001, however, part of the elevator’s pier collapsed into the water.

   “This collapse severely impacted operations of the elevator and prevented export operations,” the Decatur, Ill.-based company said. “Negotiations between ADM and MPA (Maryland Port Administration) for restoration of the pier and extension of the lease agreement have been unsuccessful.”