Mitsubishi Corp. signs strategic deal with U.S. grain trader ADM

Partnership boosts Japan food security, helps trading house expand volume by 50%

Farmers harvest soybeans in Brazil. Japan's Mitsubishi Corp. plans to buy more grains from Brazil. © Reuters

SHIN WATANABE

March 27, 2025 22:55 JST

TOKYO -- Japanese trading house Mitsubishi Corp. has entered a strategic partnership with Archer Daniels Midland to gain a role in operating the American grain trader's export hubs in the U.S. and Brazil.

The partnership will boost Mitsubishi's annual grain-handling volume to around 30 million tonnes by fiscal 2030, which represents a 50% rise from the current level.