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Articles tagged under: ADM

ADM Releases Q1 Results

Published April 27, 2022

Archer Daniels Midland (ADM) is reporting fiscal net income for the first quarter at $1.05 billion. Gross profits for the quarter are $1.9 billion with operating profits for the quarter reported at $1.5 billion. Read more financial results.
Latest NewsAg Business

ND Ready for Ag Processing

Published February 22, 2022

North Dakota is uniquely positioned to take advantage of new agricultural processing opportunities. Charles Mueller is the finance lead for ADM’s new soybean crush project at Spiritwood and made that point during the Northern Corn and Soybean Expo. "Part of…
Latest NewsAg Business

Strong Q4 Profits for ADM

Published January 26, 2022

Archer Daniels Midland Company has strong fourth quarter profits. Rising biofuel demand and strong ethanol margins doubled operating profits for the carbohydrate solutions division. However, high energy and grain costs impacted the earnings at the corn processing, core ag services…
Latest NewsAg Business

ADM Signs Letter of Intent for Pipeline

Published January 16, 2022

Archer-Daniels-Midland Co has signed a letter of intent with Wolf Carbon Solutions to build a pipeline that would capture, and transport carbon dioxide produced at ADM's ethanol facilities at Clinton and Cedar Rapids, Iowa. The carbon would be stored underground…
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Top Story #4: Value Added Ag Opportunities

Published December 28, 2021

New value-added opportunities are popping up in Northern Plains. That’s due, in part, to the increased demand for renewable diesel. In May, ADM announced it would build a $350 million soybean crush facility in Spiritwood, North Dakota. The plant is…
Top StoriesLatest NewsMarketsCrops

An Important Step for the Spiritwood Crush Project

Published December 15, 2021

Archer Daniels Midland and Marathon Petroleum finalized their joint venture for the soybean crush plant at Spiritwood, North Dakota. ADM will own 75 percent of the joint venture and Marathon Petroleum will own the remaining 25 percent. The joint venture,…
Latest NewsAg BusinessPolicy

A Win-Win

Published November 10, 2021

North Dakota Senator John Hoeven toured the Marathon refinery in Dickinson Tuesday and discussed the company’s joint venture with ADM. When complete, the new soybean crush plant at Spiritwood will supply soybean oil to the Dickinson refinery  for the production…
Latest NewsAg Business

ADM Profits Double in Q3

Published October 27, 2021

Strong oilseed crush margins and rising vegetable oil demand are having a positive impact on ADM’s agricultural services and oilseeds unit. The company is reporting strong third quarter profits with revenue at $20.34 billion. The strong vegetable oil demand, including…
Latest NewsAg Business

Spiritwood Part of ADM/Marathon Joint Venture

Published August 20, 2021

ADM has inked an agreement with Marathon Petroleum to form a joint venture, which will own and operate the Spiritwood, North Dakota soybean processing facility. ADM took over the facility earlier this summer. With this deal, ADM will own 75…
Top StoriesLatest NewsAg Business

Murray Moves to ADM

Published July 28, 2021

Stephanie Murray is the new manager of marketing communications and brand experience at ADM. Most recently, Murray was vice president for Reputation Partners. Previously, Murray spent time with FleishmanHillard and G&S Business Communications.
Latest NewsAg Business
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