Welcome to our dedicated page for Archer Daniels Midland Company news (Ticker: ADM), a resource for investors and traders seeking the latest updates and insights on Archer Daniels Midland Company stock.
For over a century, Archer Daniels Midland Company (NYSE: ADM) has been a pivotal force in transforming crops into essential products that meet the growing needs of our world. As one of the largest global agricultural processors and food ingredient providers, ADM employs more than 33,000 people and operates in over 140 countries. Our expansive value chain includes 460+ crop procurement locations, 300 ingredient manufacturing facilities, 40 innovation centers, and the world’s leading crop transportation network.
ADM processes oilseeds, corn, wheat, and other agricultural commodities and is a leading grain merchandiser. We also excel in human and animal nutrition, producing corn-based sweeteners, starches, and ethanol. Our recent recall of several animal feed products highlights our commitment to safety and quality.
We are innovators, advancing in health and well-being with groundbreaking plant-based solutions, and sustainability efforts aimed at decarbonizing entire value chains. Our strategic partnership with Solugen to create a new biomanufacturing facility underscores our commitment to sustainable solutions. Additionally, ADM's regenerative agriculture program, which exceeded 2.8 million acres in 2023, is set to expand further, showcasing our dedication to environmental stewardship.
Financially, ADM reported a solid first quarter in 2024 with a segment operating profit of $1,311 million, despite challenging market conditions. Our robust balance sheet and strategic initiatives like the Green Bison JV and BioSolutions, along with productivity enhancements, position us for continued growth. ADM has also been recognized for its efforts in sustainability, as reflected in our recent accolades in the World Changing Ideas Awards.
Learn more at www.adm.com.
ADM reported robust financial results for Q4 and the fiscal year ending December 31, 2020, with adjusted EPS of $1.21, compared to $1.42 in 2019. The company achieved a segment operating profit of $1.1 billion, with significant contributions from Ag Services and Oilseeds, which surpassed $2 billion in profits. Nutrition saw a 37% increase in operating profit. ADM anticipates continued growth in 2021 driven by strong demand and operational excellence.
ADM (NYSE: ADM) will announce its fourth-quarter financial results on January 26, 2021, before market opening. The company will host a webcast at 8 a.m. Central Time to discuss these results and provide updates. A slide presentation will be accessible for download during this time. ADM emphasizes its commitment to sustainability and innovation in the nutrition industry, serving both human and animal markets globally, and positioning itself as a leader in agricultural origination and processing.
ADM (NYSE: ADM) has announced it will cease production of dry lysine in the first half of 2021, shifting its focus to liquid and encapsulated lysine products. The decision comes as global industry capacity for dry lysine has outpaced demand. President Pierre Joseph Paoli emphasized their commitment to meeting evolving customer needs with innovative products and superior service. Notably, ADM has been collaborating with swine and poultry feed producers to facilitate this transition, including the launch of NutriPass L, an advanced encapsulated lysine solution aimed at enhancing animal nutrition.
ADM (NYSE: ADM) will showcase its commitment to sustainability at Bloomberg's Sustainable Business Summit Global on Nov. 30, featuring Chairman and CEO Juan Luciano in a session at 2 p.m. EST. Luciano will address the food industry's challenges and how ADM develops sustainable solutions to meet the nutritional needs of the growing global population.
As a summit advisor, ADM emphasizes its role in unlocking nature's power to enhance nutrition worldwide. Registration for the event is free, with more details available here.
ADM (NYSE: ADM) will present at the 2020 Stephens Annual Investment Conference on Nov. 19 at 8 a.m. Central Time. Chairman and CEO Juan Luciano and President Greg Morris will lead the presentation, which will be available via a live webcast. A replay will be accessible for a limited time afterward. ADM is a global leader in nutrition, focusing on sustainability and innovative solutions for food, beverages, and health.
For more information, visit www.adm.com/webcast.
ADM (NYSE: ADM) has declared a cash dividend of 36.0 cents per share on its common stock, payable on December 10, 2020, to shareholders of record on November 19, 2020. This marks ADM's 356th consecutive quarterly payment, representing an impressive 89 years of uninterrupted dividends. As of September 30, 2020, ADM had 555,954,513 shares of common stock outstanding, reflecting its robust financial management and commitment to returning value to shareholders.
ADM Ventures has announced its investment in Seventure’s Health For Life Capital Fund II, focusing on health, nutrition, microbiota, and digital health. Darren Streiler, managing director of ADM Ventures, highlighted the partnership’s potential to address rising consumer demand for bioactives and nutrition. ADM aims to leverage its expertise in microbiome science to enhance dietary supplements and food products. Additionally, ADM is set to open a new probiotics facility in Valencia, Spain, in 2022, increasing production capacity for post- and prebiotics.
ADM has outlined five key food and beverage trends set to shape consumer preferences in the coming year. These trends, identified through ADM's OutsideVoice consumer insights platform, reflect shifts in consumer behavior influenced by the pandemic. Key themes include a proactive approach to health, sustainability, the importance of the gut microbiome, a surge in plant-based foods, and the demand for transparency in product sourcing. With 31% of consumers prioritizing health-focused purchases, ADM is positioned to leverage these trends to drive innovation and meet evolving market demands.
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