Archer Daniels Midland Company announced today that it has reached an agreement to sell its oilseeds operations in Bolivia to Inversiones Piuranas S.A. The sale encompasses ADM’s processing facility in Santa Cruz de la Sierra, as well as nine grain silos and ADM’s Bolivian distribution business. “We regularly review our portfolio, and the sale of our Bolivian Oilseeds operations is part of our long-term [...]
Archer Daniels Midland Company (NYSE: ADM) released the following statement: Archer Daniels Midland Company (ADM) and COFCO Group are proud to have participated in a signing ceremony witnessed by U.S. President Donald Trump, and President of the People's Republic of China, Xi Jinping, on Thursday, Nov. 9, in Beijing, China. This memorandum of understanding, signed by ADM and COFCO Group for the export of U.S. soybeans [...]
Archer Daniels Midland Company’s (NYSE: ADM) Board of Directors has declared a cash dividend of 32 cents per share on the company’s common stock payable on Dec. 7, 2017, to shareholders of record on Nov. 16, 2017. This is ADM’s 344th consecutive quarterly payment, a record of 86 years of uninterrupted dividends. As of Sept. 30, 2017, there were 559,212,481 shares of ADM common stock outstanding. About [...]
Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended September 30, 2017. “Our third quarter results were below our expectations, as the operating environment in our Ag Services and Oilseeds businesses was more challenging than anticipated,” said ADM Chairman and CEO Juan Luciano. “Through the quarter, we took several actions to be even more competitive in the [...]
Archer Daniels Midland Company (NYSE: ADM) will release financial results for the third quarter of 2017 before the market opens on Tuesday, Oct. 31, 2017. 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 [...]
Archer Daniels Midland Company (NYSE: ADM) today announced a collaboration with Mayo Clinic in personalized nutrition. The company will work with Mayo’s Microbiome Program, led by Dr. Heidi Nelson, to investigate microbial solutions to improve health and wellness, initially focusing on the maintenance of healthy body weight. “We are pleased to enter into this cutting-edge collaboration with Mayo Clinic to [...]
MarketNewsUpdates.com News Commentary PALM BEACH, Florida, September 14, 2017 /PRNewswire/ -- According to Future Market Insights , the global specialty food ingredients market is being driven by factors such as an uproar for convenience foods, increasing urban population, along with rising purchasing power and changing lifestyles. The competitive nature of the food ingredient industry has led to expansion opportunities [...]
Archer Daniels Midland Company (NYSE: ADM) today announced the appointment of Rachel D. Hudson to the position of vice president and treasurer. In this role, she will oversee all treasury activities globally, including funding and capital markets, currency risk-management and worldwide banking activities. Hudson joined ADM in 2002 and has held leadership positions in the company’s finance, treasury and [...]
Archer Daniels Midland Company’s (NYSE: ADM) Board of Directors has declared a cash dividend of 32 cents per share on the company’s common stock payable on Sept. 7, 2017, to shareholders of record on Aug. 17, 2017. This is ADM’s 343rd consecutive quarterly payment, a record of 85 years of uninterrupted dividends. As of June 30, 2017, there were 562,762,953 shares of ADM common stock outstanding. About [...]
Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended June 30, 2017. “We continued to deliver on our strategic plan and capitalize on improving conditions in some markets to achieve strong 39 percent year-over-year earnings growth,” said ADM Chairman and CEO Juan Luciano. “Our actions in the first half of the year reflect ADM’s continuous efforts to [...]
CLARKS, Neb., July 28, 2017 /PRNewswire/ -- Strobel Energy Group announced today that it has executed an Engineering, Procurement and Construction (EPC) agreement with Prairie Catalytic, LLC, a subsidiary of Greenyug, LLC, to design and construct its commercial scale Bio-Ethanol to Ethyl Acetate facility in Nebraska. Ethyl Acetate is a specialty solvent used extensively in products such as paints, coatings [...]
Archer Daniels Midland Company (NYSE: ADM) announced today that it has completed its acquisition of a controlling interest in Industries Centers, which will now be known as ADM Israel. “By combining ADM’s unparalleled global network with the experience and capabilities of Industries Centers, ADM Israel offers customers in Israel unequalled service, including end-to-end supply chain management,” said Joe [...]