Archer Daniels Midland Company announced today that it has reached an agreement to purchase certain assets of Brazil-based Algar Agro, including oilseeds processing facilities in Uberl ndia in the state of Minas Gerais, and Porto Franco in Maranhão. “ADM is already the most diversified oilseeds processor in the world, and now we are once more expanding our capabilities to help meet growing global [...]
Archer Daniels Midland Company’s Board of Directors has declared a cash dividend of 33.5 cents per share on the company’s common stock payable on Sept. 6, 2018, to shareholders of record on Aug. 16, 2018. This is ADM’s 347th consecutive quarterly payment, a record of 86 years of uninterrupted dividends. As of June 30, 2018, there were 559,645,526 shares of ADM common stock outstanding. About ADM For more [...]
Archer Daniels Midland Company today reported financial results for the quarter ended June 30, 2018. “Our team executed exceptionally well to deliver outstanding results in the second quarter,” said ADM Chairman and CEO Juan Luciano. “We continue to accelerate the execution of our strategic plan — optimizing our core, driving efficiencies, and expanding strategically — generating more than [...]
Archer Daniels Midland Company announced today that it has reached an agreement to acquire Rodelle Inc., a premium originator, processor and supplier of vanilla products. Rodelle, founded in 1936 and based in Fort Collins, Colorado, originates, processes and sells premium vanilla products, including organic and traditional extracts, beans, alcohol-free flavor and paste. The company also sells non-vanilla products [...]
ADM Animal Nutrition, a division of Archer Daniels Midland Company , is recalling 200-pound tubs of Mintrate® 36-15 Breed Right Tub cattle feed, product number 54549AAA6H, because the product may contain elevated levels of non-protein nitrogen, which could be harmful to cattle. Excessive levels of non-protein nitrogen can be toxic to cattle and can cause muscle tremors , abdominal pain, bloat, frothy salivation [...]
Archer Daniels Midland Company will release financial results for the second quarter of 2018 before the market opens on Tuesday, July 31, 2018. The company will host a webcast at 8 a.m. Central Time to discuss financial results and provide a company update. A slide presentation will be available for download approximately 60 minutes prior to the webcast. To listen to the webcast or to download the slide presentation, go [...]
Archer Daniels Midland Company announced today that it has agreed to terms granting exclusivity in discussions to purchase Neovia, a global provider of value-added animal nutrition solutions, with 72 production facilities and a presence in 25 countries, headquartered in Saint-Nolff, Britanny, France. The 100 percent cash deal has an approximate enterprise value of €1.535 billion, subject to customary adjustments [...]
Archer Daniels Midland Company announced today that it has reached an agreement to acquire Probiotics International Limited , a U.K.-based provider of probiotic supplements for human, pet, and production-animal use. The all-cash transaction will be valued at £185 million, subject to customary adjustments. “ADM is already one of the world’s largest providers of human and animal nutrition solutions, and the [...]
Archer Daniels Midland Company today announced at its 95th Annual Stockholders’ Meeting the election of its board of directors, including new director Michael S. Burke. Burke is chairman and CEO of AECOM, which designs, builds, finances and operates infrastructure assets in more than 150 countries. Prior to his current position, Burke served as AECOM’s senior vice president of corporate strategy; chief [...]
Archer Daniels Midland Company will present at the 13th annual BMO Capital Markets 2018 Farm to Market Conference on Wednesday, May 16, in New York City. ADM Chief Financial Officer Ray Young will present at 2:50 p.m. Eastern Time. The ADM presentation will be webcast live at www.adm.com/webcast. A replay of the presentation will also be available for a limited time on www.adm.com/webcast. About ADM For more than a [...]
Archer Daniels Midland Company announced today it has been named to the Forbes 2018 list of America’s Best Employers, marking the second consecutive year that the company has received this recognition. ADM jumped 44 spots in the rankings to 366, from 410 in 2017. In collaboration with analytics firm Statista, Forbes asked 30,000 American employees – 82 percent full-timers – working for large firms or [...]
Archer Daniels Midland Company today reported financial results for the quarter ended March 31, 2018. “The team executed exceptionally well in the first quarter, and we harvested the benefits of the strategic actions we took over the last few years, delivering strong results,” said ADM Chairman and CEO Juan Luciano. “Looking forward, we are focusing our growth efforts on five key platforms—animal [...]