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Archer Daniels Midland Company - ADM STOCK NEWS

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.

News

New Heritage Capital Exits Investment in Portfolio Company, Revela Foods

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New Heritage Capital successfully exits investment in Revela Foods, acquired by ADM to expand flavor ingredient solutions. Revela develops dairy flavor ingredients with rapid growth driven by innovative enzyme technology. It has approximately 400 employees and operates three state-of-the-art production facilities in the U.S. Midwest.
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ADM Appoints Ismael Roig Interim Chief Financial Officer

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ADM appoints Ismael Roig as interim CFO as Vikram Luthar is placed on administrative leave pending an investigation into accounting practices. The company expects to delay its earnings release and conference call relating to fourth quarter and full year 2023 financial results. ADM also withdraws its forward-looking outlook for the Nutrition reporting segment due to the ongoing investigation.
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ADM to Expand Traceable Soybean Pilot After First Deliveries to Europe

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ADM successfully ships 2.4 million bushels of traceable soybeans from the U.S. to Europe, with plans to expand the program to other North American locations in 2024. The company aims to achieve 100% deforestation-free supply chains by 2025 and is committed to supporting farmers and their businesses. The program utilizes cutting-edge technology and aims to provide greater value and preference for participating farmers' crops.
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FDL, a Portfolio Company of Highlander Partners, Enters into Definitive Agreement to Be Acquired By ADM

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Fuerst Day Lawson Limited (FDL) has entered into a definitive agreement to sell all of its outstanding shares to ADM (NYSE: ADM), a premier global human and animal nutrition company. FDL, a leading ingredient solutions provider, specializes in natural taste and nutrition solutions for various product types and global end-markets. The transaction is subject to customary closing conditions.
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ADM Broadens Global Flavors Capabilities with Agreement to Acquire UK-Based FDL

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ADM (NYSE:ADM) has reached an agreement to acquire UK-based FDL, a leading developer and producer of premium flavor and functional ingredient systems. FDL is projected to have $120 million in sales in 2023 and has a strong presence in the $900 billion European foodservice channel.
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ADM Adds New Capabilities to Its Industry-Leading Flavor Business with Agreement to Acquire Revela Foods

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ADM (NYSE:ADM) announced the acquisition of Revela Foods, a Wisconsin-based developer of dairy flavor ingredients, with projected sales of almost $240 million in 2023. The acquisition aims to add new capabilities to ADM’s global flavors portfolio in the $1.8 billion global dairy flavors segment, as well as the $3.2 billion savory flavors segment. Revela's innovative enzyme technology powers a broad range of clean-label dairy flavor formulations for various applications. The acquisition is expected to strengthen ADM's presence in the North America savory flavors segment and expand its offerings to customers.
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ADM Continues to Meet Food Security, Sustainability Needs with Brazil Crush Expansion, Refined Glycerin Acquisition

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ADM (NYSE:ADM) is expanding its business in Brazil with a series of investments, including the addition of 400,000 metric tons of crush capacity per year across three facilities and the successful acquisition of Buckminster Química to meet growing demand for sustainably sourced products.
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As Sustainability Work Accelerates, ADM Issues First Annual Report on Regenerative Agriculture

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ADM (NYSE:ADM) issued its inaugural annual Regenerative Agriculture Report, highlighting its global efforts, including definitions, enrollments, outcomes, and future goals. The report outlines ADM's principles of regenerative agriculture, partnerships with downstream customers, technology partners, and conservation organizations, as well as its direct financial support for farmers and initiatives to bring more value to farmers.
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ADM Expands Support for Sustainability, Food Security with Launch of Regenerative Agriculture Program in Brazil

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ADM launches regenerative agriculture program in Brazil, aiming for 120,000 hectares by 2027
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ADM, Marathon Petroleum Corp. Take Next Step in Meeting Demand for Renewable Fuels as Green Bison Production Facility Begins Operations

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ADM (NYSE: ADM) and Marathon Petroleum Corp. (NYSE: MPC) celebrated the opening of their joint venture soybean processing complex, Green Bison Soy Processing, in Spiritwood, North Dakota. The facility will produce refined soybean oil exclusively supplied to Marathon as feedstock for renewable green diesel, with an annual production capacity of 600 million pounds of oil, enough for 75 million gallons of green diesel. The approximately $350 million complex features state-of-the-art automation technology and has the capacity to process 150,000 bushels of soybeans per day.
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FAQ

What is the current stock price of Archer Daniels Midland Company (ADM)?

The current stock price of Archer Daniels Midland Company (ADM) is $50.49 as of December 20, 2024.

What is the market cap of Archer Daniels Midland Company (ADM)?

The market cap of Archer Daniels Midland Company (ADM) is approximately 23.9B.

What does Archer Daniels Midland Company (ADM) do?

ADM transforms crops into essential products for food, animal feed, industrial, and energy uses. They are one of the world's largest agricultural processors and food ingredient providers.

How many countries does ADM operate in?

ADM operates in more than 140 countries worldwide.

What recent achievements has ADM made?

ADM expanded its regenerative agriculture program to over 2.8 million acres in 2023 and formed a strategic partnership with Solugen to build a new biomanufacturing facility.

What products does ADM process?

ADM processes oilseeds, corn, wheat, and other agricultural commodities. They also produce corn-based sweeteners, starches, and ethanol.

What are ADM's current projects?

ADM is focused on strategic initiatives like the Green Bison JV, scaling regenerative agriculture, and advancing their BioSolutions efforts.

How did ADM perform financially in the first quarter of 2024?

ADM reported a segment operating profit of $1,311 million, showcasing resilience amid challenging market conditions.

What sustainability initiatives is ADM involved in?

ADM is a leader in sustainability, working on decarbonizing value chains and expanding its regenerative agriculture program.

How many employees does ADM have?

ADM employs more than 33,000 people globally.

What are some of ADM's recent news highlights?

ADM recently announced a recall of certain animal feed products and received recognition from Fast Company’s World Changing Ideas Awards for its regenerative agriculture program.

Where can I find more information about ADM?

You can learn more about ADM and its initiatives at their official website: www.adm.com.

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Archer Daniels Midland Company

NYSE:ADM

ADM Rankings

#468 Ranked by Market Cap
#787 Ranked by Dividends

ADM Stock Data

23.89B
475.62M
0.59%
80.5%
1.52%
Farm Products
Fats & Oils
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