BusinessTrade

ADM Offers Unusual Pricing Deal to Secure Soybean Supplies Amid Farmer Resistance

Global grain merchant ADM is implementing an unusual free deferred pricing program to encourage soybean deliveries from US farmers. The move comes as farmers resist selling at current low prices, creating supply challenges for major processors during peak harvest season.

Processor Implements Unusual Harvest Season Strategy

Archer-Daniels-Midland Co, one of the world’s largest grain merchants, is reportedly offering unusual incentives to U.S. farmers to deliver soybeans to its major processing facility in Decatur, Illinois, according to industry sources. The program, described as free deferred pricing, allows farmers to deliver crops immediately while setting the final sale price as late as September 2026 without paying storage fees, sources indicate.

BlockchainStartups

Stripe-Backed Blockchain Venture Tempo Secures $500M in Major Funding Round Led by Thrive Capital and Greenoaks

Stripe-supported blockchain infrastructure company Tempo has reportedly secured $500 million in new funding, according to sources familiar with the matter. The investment round values the stablecoin-focused blockchain venture at approximately $5 billion and includes participation from prominent venture firms including Sequoia Capital and SV Angel.

Major Blockchain Funding Round

Blockchain infrastructure startup Tempo has reportedly raised $500 million in a funding round that values the company at approximately $5 billion, according to sources familiar with the matter. The investment represents one of the largest blockchain venture rounds in recent years and signals growing institutional interest in cryptocurrency infrastructure.