Articles tagged under: ADM

ADM-Alltech Joint Venture Announced

Published September 24, 2025

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.…

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Dry Bean Harvest Nears

Published August 14, 2025

With harvest just a couple of weeks away, this year’s dry bean crop has had to overcome adverse weather. "Spotty weather has some places looking good, while others could have caught some earlier rains here, and I think they would…

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Trade and Biofuel Policy Influences ADM Revenues

Published August 8, 2025

In its quarterly financials, ADM’s Ag Services and Oilseeds segment had an operating profit of $379 million, down 17 percent from a year earlier. The Ag Services business was hurt by trade uncertainty, low commodity prices and slow farmer selling.…

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Poor Crush Margins Influence ADM Revenues

Published February 5, 2025

Archer Daniels Midland posted its lowest fourth-quarter revenues in six years. Poor crush margins and uncertainty over biofuel policy shoulder the blame. ADM plans to cut costs by $500 million to $750 million over the next three-to-five years.

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ADM’s Quarterly Profits Decline

Published November 19, 2024

Arther Daniels Midland reports quarterly net income of $18 million, down from $821 million in the same period one year ago. Profits in ADM’s Ag Services and Oilseeds divisions dropped 43 percent in the quarter. Higher canola prices resulted in…

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A Crush Plant Shutdown at Harvest Time

Published October 7, 2024

The ADM soybean crush plant in Des Moines, Iowa will shut down for maintenance from mid-October to mid-November. The plant crushes about 5 million bushels per month and is the nation’s third largest plant.

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Earnings Decline for ADM

Published July 30, 2024

Archer Daniels Midland had second-quarter earnings before taxes of $596 million. That’s down 47 percent from last year. Lower crush and origination margins were seen. ADM’s largest business unit, Ag Services and Oilseeds, took a 56 percent drop in profits…

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From 3M to ADM

Published July 11, 2024

ADM has named Monish Patolawala as its executive vice president and chief financial officer. Patolawala succeeds ADM’s interim CEO Ismael Roig. Most recently, Patolawla was president and CFO for 3M.

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Quarterly Financials Released by ADM

Published May 3, 2024

Archer Daniels Midland is reporting fiscal year 2024 first-quarter earnings of $1.3 billion. That is down 24 percent from the first quarter of 2023. ADM’s Ag Services and Oilseeds segment is reporting an operating profit of $864 million during the…

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Ground Broken for New Biorefinery Project

Published April 15, 2024

ADM and Solugen Inc. are partnering on a biorefinery project at Marshall, Minnesota. This plant will use corn syrup as a feedstock to produce low-carbon acids for use in agriculture and other industries. This facility will be built next to…

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