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.
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
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.