Archer Daniels Midland Company

ADM announced today that it has closed on $750 million of 2.700% notes due 2051. Proceeds from the issuance will be used to pay the redemption price associated with the full redemption of $500 million of ADM's outstanding 2.750% notes due March 27, 2025. Any remaining net proceeds will be used for general corporate purposes, which may include, without limitation, repayment of commercial paper borrowings. At the end of [...]

ADM announced today that the company has achieved net carbon neutral status for its U.S. flour milling operations. This accomplishment is an industry first of its kind and scale. The company has 22 mills around the U.S. that process wheat, sorghum and corn into flour. ADM achieved net carbon neutral status at its U.S. mills through a combination of energy efficiencies, purchase of renewable energy certificates, and [...]

As part of the first-ever UN Food Systems Summit, ADM will host an Independent Dialogue, Innovating Today for the Food System of Tomorrow, on Wednesday, Sept. 1, at 9 a.m. Eastern Time. The session features: Will Cannon, Iowa corn and soy farmer; Sarah Carlson, agronomist, Practical Farmers of Iowa; Margaret Henry, director, Sustainable Agriculture, PepsiCo; Greg Morris, president, Agricultural Services and Oilseeds, ADM [...]

ADM will present at the Barclays Global Consumer Staples Conference on Thursday, Sept. 9. Leticia Goncalves, president, Global Foods, and Vikram Luthar, senior vice president, head of Investor Relations and chief financial officer, Nutrition, will participate in a fireside chat at 12:20 p.m. Central Time. The presentation will be webcast live at www.adm.com/webcast. A replay will also be available for a limited time on [...]

Marathon Petroleum Corp. and ADM announced today an agreement to form a joint venture for the production of soybean oil to supply rapidly growing demand for renewable diesel fuel. Under the terms of the agreement, the joint venture will own and operate ADM's previously announced soybean processing complex in Spiritwood, North Dakota, with ADM owning 75 percent of the joint venture and MPC owning 25 percent. When complete [...]

ADM's Board of Directors has declared a cash dividend of 37.0 cents per share on the company's common stock. The dividend is payable on Sept. 8, 2021, to shareholders of record on Aug. 18, 2021. This is ADM's 359th consecutive quarterly payment, a record of 89 years of uninterrupted dividends. As of June 30, 2021, there were 559,360,690 shares of ADM common stock outstanding. About ADM At ADM, we unlock the power of [...]

ADM today reported financial results for the quarter ended June 30, 2021. "It was yet another excellent quarter for ADM, as our team delivered record earnings, with strong year-over-year profit growth across all three business units," said Chairman and CEO Juan Luciano. "This is a very different ADM than even a few short years ago, and our transformation is far from over. Our productivity efforts are powering our [...]

Global nutrition leader ADM announced today that it has reached an agreement to acquire Sojaprotein, a leading European provider of non-GMO soy ingredients. Established in 1977, Serbia-based Sojaprotein has sales into 65 countries, offering a wide array of non-GMO vegetable protein ingredients for an extensive list of European and global customers in the meat alternative, confectionary, protein bar, pharmaceutical, pet [...]

ADM will release financial results for the second quarter of 2021 before the market opens on Tuesday, July 27, 2021. A slide presentation will also be available for download at this time. The company will host a webcast at 8 a.m. Central Time to discuss the results and provide a company update. To listen to the webcast or to download the slide presentation, go to www.adm.com/webcast. A replay of the webcast will also be [...]

ADM Ventures, the corporate venture capital arm of ADM , today announced its collaboration with the Genesis Consortium. Genesis, founded by Silicon Valley-based investors SOSV and Mayfield Fund, is a global alliance of venture capital firms and corporations dedicated to supporting startups that leverage biology to promote human and planetary health. SOSV is the parent company of IndieBio, a leading startup accelerator and [...]