CHICAGO--(BUSINESS WIRE)--Archer Daniels Midland Company (NYSE: ADM) and Quality Liquid Feeds, Inc. today announced that the two companies have entered into a 50-50 joint venture for the production and sale of liquid feed supplements for livestock. The joint venture consists of four liquid feed production facilities formerly owned by ADM—in Twin Falls, Idaho; Billings, Montana; Fremont, Nebraska; and Johnstown, Colorado—as well as the Loomix® brand. The new venture, which will be called Allianc