Specialty Commodities, Inc. (SCI), a subsidiary of Archer Daniels Midland Company (NYSE: ADM), is recalling a specific lot of dry roasted almonds because they may contain undeclared cashews. People who have an allergy or severe sensitivity to cashews run the risk of a serious or life-threatening allergic reaction if they consume these products. The recall was initiated after it was discovered that the cashew-containing [...]
Archer Daniels Midland Company (NYSE: ADM) will release financial results for the fourth quarter of 2016 before the market opens on Tuesday, Feb. 7, 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) announced today that it has signed an agreement to acquire Crosswind Industries, Inc., a Kansas-based producer of dry-expanded, dual-texture, semi-dry and semi-moist treat products for pets. “The global pet food industry represents a strong opportunity for strategic growth, especially for a company with the global resources of ADM,” said Brent Fenton, president of [...]
Archer Daniels Midland Company (NYSE:ADM) announced today that it will significantly expand overall grind and finishing capacity for sweeteners and starches at its corn wet mill facilities in Turkey and Bulgaria. “We continue to see substantial opportunities for starch-based ingredients in Europe and Middle East markets, and, with these expansions, ADM will be well-positioned to meet growing customer demand across [...]
Archer Daniels Midland Company (NYSE: ADM) announced today that it has entered into an underwriting agreement to sell its 19.9 percent ownership stake in GrainCorp Limited (ASX: GNC) for a total value of about A$387 million. “As part of our ongoing portfolio management, we carefully considered our equity investment position in GrainCorp and determined that we could better meet our long-term returns objectives by [...]
Archer Daniels Midland Company (NYSE: ADM) helped put food on the tables of many in need this year by contributing more than $390,000 to local food banks across the United States, including $350,000 in monetary and in-kind donations and more than $40,000 in matching contributions from ADM colleagues. “As one of the world’s largest agricultural processors and food ingredient companies, our purpose is to serve [...]
Juan Luciano, chairman and CEO of Archer Daniels Midland Company (NYSE: ADM), today issued the following statement regarding the death of Dwayne O. Andreas, who led the company as its chairman from 1970 to 1999. “We were deeply saddened to learn of Mr. Andreas’ passing. Under his many years of leadership, our company became a global leader in agricultural processing. “When Mr. Andreas was elected the [...]
On Veterans Day, a day in which Americans pause to honor and thank those who have served the nation, Archer Daniels Midland Company (NYSE: ADM) is proud to announce that it has been named a Military Friendly® Employer by Victory Media, which publishes G.I. Jobs®, STEM JobsSM, and Military Spouse magazines. As a reflection of the company’s continued efforts to advance its military veteran outreach programs [...]
Archer Daniels Midland Company’s (NYSE: ADM) Board of Directors has declared a cash dividend of 30 cents per share on the company’s common stock payable on Dec. 7, 2016, to shareholders of record on Nov. 16, 2016. This is ADM’s 340th consecutive quarterly payment, a record of 85 years of uninterrupted dividends. As of Sept. 30, 2016, there were 577,808,367 shares of ADM common stock outstanding. About [...]
Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended September 30, 2016. “After working through the challenging environment in the first half of the year, we capitalized on improving operating conditions in the third quarter and are positioned well for a solid finish to the year,” said ADM Chairman and CEO Juan Luciano. “Ag Services results were driven by U.S [...]
Archer Daniels Midland Company (NYSE: ADM) will release financial results for the third quarter of 2016 before the market opens on Tuesday, Nov. 1, 2016. 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 [...]
Rabobank, the world’s premier food and agribusiness bank, is pleased to announce Archer Daniels Midland Company (ADM) as a sponsor for FoodBytes! Boulder, joining our incredible lineup of supporters, including Whole Foods Market, Holland & Hart, Boulder Food Group, Nucleus Maximus, Boulder Beer and Westrock Coffee. As one of the world’s largest agricultural processors and a leading food ingredient provider [...]