Favorable Biofuels Outlook Cited in ADM Financials
ADM had net quarterly earnings of $908 million, up from $452 million a year earlier. The company enjoyed an improvement in earnings due to strength in its crushing and ethanol business.
Articles tagged under: ADM
ADM to Expand Spiritwood Facility
ADM is upgrading four U.S. oilseed facilities, including the Spiritwood, North Dakota site operated through Green Bison Soy Processing. ADM is in a joint venture with Marathon with the oil going to Marathon’s renewable diesel business in Dickinson. These projects…
Rowe Joins ADM Executive Team
Former Syngenta Group CEO Jeff Rowe will be joining ADM as its executive vice president and chief operating officer in mid-August. Rowe previously served as president of Syngenta Crop Protection and, before that, president of Syngenta Global Seeds. From 1995…
ADM Update
ADM is investing more than $103 million to update its facilities at its North American headquarters in Decatur, Illinois. This effort includes an upgrade for its soybean processing plants and corn wet milling facility.
ADM Profits Edge Higher
ADM reported improved first-quarter earnings of $298 million. That's up slightly from $295 million a year earlier. The company benefited from stronger soybean export demand, better ethanol margins, and improved animal nutrition profitability.
Grain Rally Triggers Farmer Selling
U.S. farmers are moving grain into the market as geopolitical tensions involving Iran push commodity prices sharply higher. Corn, soybean and wheat futures have rallied alongside rising energy prices and growing concern about possible disruptions to fertilizer and fuel supplies…
ADM Issues FY ’25 Financials
ADM reports 2005 net earnings of $1.08 billion, down from $1.8 billion in the previous fiscal year. Profits in the company's ag services and oilseeds segment declined 11 percent. Profits in the crush business were down more than 80 percent.…
SEC and ADM Come to Terms on a Settlement
Archer Daniels Midland has settled with the Securities and Exchange Commission, paying $40 million in a civil penalty. ADM allegedly exaggerated the success of its nutrition segment to inflate investor activity. Three ADM executives are also facing financial penalties.
ADM Cuts Outlook for Third Time This Year
Archer Daniels Midland posted a profit of $108 million in the latest quarter, up from $18 million one year earlier. Tighter crush margins resulted in a downturn in the company's outlook. ADM officials said ongoing confusion surrounding tariffs, biofuel policies…
ADM-Alltech Joint Venture Announced
Archer Daniels Midland and Alltech are planning to launch a new joint venture in early 2026. With this arrangement, Alltech will contribute 18 U.S. feed mills from its Hubbard Feeds business and 15 Canadian feed mills from its Masterfeeds business.…
