Articles tagged under: ADM
Soybean Processing Capacity in Expansion Phase
Published February 8, 2019
The soybean processing industry is going through the biggest expansion phase in 20 years. That includes the AGP crush plant in Aberdeen and a facility in Michigan that are expected to come online later this year. The proposed projects at…The Market Challenges ADM in Q4
Published February 7, 2019
Archer Daniels Midland is reporting fourth quarter adjusted operating profits of $860 million. ADM Chairman and CEO Juan Luciano says the strong quarterly performance lead to a 26 percent year-over-year earnings increase. "There's an adjusted segment operating profit of $3.4 billion,…ADM Earnings Up Significantly
Published November 6, 2018
Archer Daniels Midland reports third quarter net earnings of $536 million. That’s up from $192 million one year ago. ADM reports strong export business for customers outside of China. Crush volumes also set new records.Technology Joint Venture Announced
Published October 30, 2018
ADM and Cargill plan to form a joint venture called Grainbridge LLC. This effort will provide software for production, economics and grain marketing. One of the first products will ADM and Cargill transactions, including contracts, scale tickets and payment information.Four Big Ag Firms Move to Digitization
Published October 26, 2018
ADM, Bunge, Cargill and Louis Dreyfus are cooperating to standardize and digitize global their agricultural shipping business. The big four agribusiness companies will replace a manual, paper-based system with emerging technologies like artificial intelligence and blockchain. The goal is to…ADM Expands Presence in Brazil
Published August 17, 2018
Archer Daniels Midland has an agreement to purchase two oilseed processing plants in Brazil. The deal is expected to be wrapped up by the end of the year. In addition to the new crush facilities, ADM also gains access to…An Uptick in Grain Exports Helped ADM
Published July 31, 2018
Archer Daniels Midland (ADM) CEO Juan Luciano says ADM’s profitability in the first six months of 2018 increased $150 million. "Operation excellence initiatives delivered cost savings of more than $150 million on a run rate basis and are on pace to…ADM Releases 1Q Financials
Published May 1, 2018
Archer Daniels Midland is reporting quarterly net income of $393 million. That’s up from $339 million one year ago. ADM’s oilseed business improved with the company breaking new soybean crush volume records in North America and South America.