© 2026 All Rights reserved WUSF
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Our daily newsletter, delivered first thing weekdays, keeps you connected to your community with news, culture, national NPR headlines, and more.

ADM Indictments

NPR's Cheryl Corley reports on today's federal indictment of three former executives of agribusiness giant Archer-Daniels-Midland Co. and a Japanese businessman in connection with a scheme to fix prices for a common feed additive -- part of a scheme that cost customers millions, according to the Justice Department. A federal grand jury in Chicago indicted Michael D. Andreas, former executive vice president and Terrence S. Wilson, head of corn-processing for ADM, and Mark E. Whitacre, a fired ADM executive who was an FBI informant in the case. A Korean company also agreed to plead guilty to related charges and pay a $1.25 million fine for its role in the conspiracy.

Copyright 1996 NPR

Thanks to you, WUSF is here — delivering fact-based news and stories that reflect our community.⁠ Your support powers everything we do.