Articles tagged under: ADM

ADM Financials Released

Published March 15, 2024

Archer Daniels Midland is reporting fourth-quarter adjusted operating profits of $1.4 million, down 16 percent from the previous year. Full year adjusted operating profit is reported at $6.24 million, down six percent from the previous year. ADM’s Ag Services and…

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ADM Accounting Practices Scrutinized

Published January 24, 2024

ADM has suspended its chief financial officer and launched an investigation into its nutrition business unit. This division is responsible for less than ten percent of ADM’s revenue, but its senior management received unusually large bonuses.

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ADM Expands Traceable Soybean Pilot

Published January 17, 2024

ADM is shipping its first cargo of verified, fully-traceable soybeans from the United States to Europe. This is being done ahead of the EU’s implementation of its deforestation rules at the end of the year. The EU adopted these new…

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ADM Ups Its Sustainability Game in Brazil

Published November 22, 2023

Archer Daniels Midland is expanding its regenerative agriculture program in Brazil. Initially, ADM will focus on three areas; fertilizer use and increased use of biological inputs, no-till farming and cover crops. There is a new pilot program that will collect…

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Argentine Crush Plummets, Creates Opportunity for U.S. Processors

Published October 25, 2023

During a recap of the company’s third quarter financials, ADM CEO Juan Luciano said Argentina will likely run out of soybeans to crush next month. At that same time, the Green Bison Soy Processing Plant at Spiritwood, North Dakota will…

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ADM 3Q Financials Released

Published October 24, 2023

Archer Daniels Midland reports third quarter profits of $821 million. That’s down from revenues of $1 billion in the same quarter one year ago. ADM officials blame low grain prices and poor exports for the downturn.

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Ribbon Cutting Postponed

Published September 18, 2023

Today’s ribbon-cutting for the Green Bison Soybean Processing plant in Spiritwood has been postponed. An explosion and fire at the Archer Daniels Midland facility in Decatur, Illinois occurred just over a week ago. Members of ADM’s leadership team remain focused…

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ADM Puts Focus on Soil Health and the Environment

Published July 21, 2023

Archer Daniels Midland is expanding its regenerative agriculture program. More than one million acres were enrolled in 2022 and two million acres were enrolled this year. ADM plans to cover four million acres globally by 2025. The expansion will allow…

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#4: Rapid Expansion of the Soybean Processing Industry

Published January 2, 2023

Three soybean crush plants are in the works in North Dakota. Another dozen plants are under construction or proposed across the country. The Green Bison Soy Processing plant at Spiritwood was the first North Dakota project announced this year. ADM…

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Bid Coming This Month for Spiritwood Soy Crush Plant

Published December 13, 2022

Green Bison Soy Processing finance leader Charles Mueller says the Spiritwood, North Dakota soy crush plant is on track to accept soybeans next fall. "We're looking to be online for harvest 2023 and we're on schedule to deliver on that…

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