Articles tagged under: Archer Daniels Midland
ADM Capitalizes on Alternative Protein Trend
Published April 14, 2022
Archer Daniels Midland is investing $300 million in the expansion of its Decatur, Illinois plant. This facility will double its production of soy protein concentrate. ADM has made multiple investments in the alternative protein business in recent years, including the…Strong Commodity Demand Drives Q1 ADM Earnings
Published May 7, 2021
Archer Daniels Midland is reporting gross profits of $1.54 billion for the first quarter of the 2021 fiscal year. Net earnings for the quarter are reported at $693 million. ADM CEO Juan Luciano says the strong rebound in demand for…ADM to Sell Wilmar International Shares
Published August 21, 2020
Archer Daniels Midland plans to sell $500 million worth of Wilmar International shares to increase its working capital. Wilmar International is Asia's leading agribusiness group. ADM will sell about four to five percent of its Wilmar stock, leaving ADM owning…ADM Quarterly Income Totals $470 Million
Published July 30, 2020
Archer Daniels Midland reports second quarter net income of $469 million. That compares to $235 million one year ago. The ag services and oilseed business segments performed significantly better than in the second quarter of 2019. ADM had strong margins…ADM Creates New Ag Services and Oilseeds Unit
Published May 29, 2019
Archer Daniels Midland has a new business unit called Ag Services and Oilseeds, which combines the original and oilseed business operations into a single reporting structure starting July 1. Former ADM Oilseeds president Greg Morris will lead the unit. ADM…Midwest Floods Expected to Impact ADM’s Q1
Published March 29, 2019
In an update to shareholders, Archer Daniels Midland says there will likely be a $50 to $60 million decrease in operating profits during its first quarter. Flooding is impacting business. In the regulatory filing, ADM says rail transportation has been…The Market Challenges ADM in Q4
Published February 7, 2019
Archer Daniels Midland is reporting fourth quarter adjusted operating profits of $860 million. ADM Chairman and CEO Juan Luciano says the strong quarterly performance lead to a 26 percent year-over-year earnings increase. "There's an adjusted segment operating profit of $3.4 billion,…