Archer Daniels Midland Company

Recognizing that agriculture is a vital contributor to Argentina’s economy, the new government of President Mauricio Macri has taken important initial steps to make it easier for the nation’s farmers to connect to global markets, ADM Chairman and CEO Juan Luciano said Wednesday. Speaking during a CEO panel in Buenos Aires hosted by the American Chamber of Commerce in Argentina, Luciano noted that the [...]

Specialty Commodities, Inc. (SCI), of Fargo, N.D., 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. This Smart News Release features multimedia. View the full [...]

For the second year in a row, Archer Daniels Midland Company (NYSE: ADM) has been ranked the world’s most admired company in the food production industry by Fortune magazine. Considered the definitive report card on corporate reputation, Fortune’s annual list of the World’s Most Admired Companies ranks companies in a number of major industries. “I am deeply proud of our ADM teams for the work [...]

Archer Daniels Midland Company (NYSE: ADM) today announced that it has agreed to acquire from Tate & Lyle (LON: TATE.L) a Casablanca, Morocco-based corn wet mill that produces glucose and native starch. “The Morocco plant, which serves both global and regional customers in the food, feed, paper and corrugated board industries, is a great addition to our global sweeteners and starches footprint,” said Chris [...]

Archer Daniels Midland Company (NYSE: ADM) announced today that it has reached an agreement to purchase a controlling stake in Harvest Innovations, an industry leader in minimally processed, expeller-pressed soy proteins, oils and gluten-free ingredients. “More and more consumers are looking for foods that are gluten-free, that aren’t genetically modified, and that are healthy and organic, and ADM is perfectly [...]

Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended Dec. 31, 2015. The company reported adjusted earnings per share1 of $0.61, down from $1.00 in the same period last year. Adjusted segment operating profit1 was $599 million, down 47 percent from $1,128 million in the year-ago period. Net earnings for the quarter were $718 million, or $1.19 per share, and segment operating [...]

Archer Daniels Midland Company (NYSE: ADM) will present at the 2016 Consumer Analyst Group of New York (CAGNY) Conference Tuesday, Feb. 16, in Boca Raton, Florida, at 3 p.m. Eastern time. Presenters will be: Ray Young, chief financial officer; and Vince Macciocchi, president, WILD Flavors and Specialty Ingredients business unit. The ADM presentation will be webcast live at www.adm.com/webcast. A replay of the presentation [...]

Archer Daniels Midland Company (NYSE: ADM) will release financial results for the fourth quarter of 2015 before the market opens on Tuesday, Feb. 2, 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 [...]

Archer Daniels Midland Company (NYSE: ADM) announced today that it has reached an agreement to purchase a 50 percent stake in Cairo-based Medsofts Group. The new 50-50 joint venture will own and manage merchandising and supply chain operations, including: An international merchandising operation that handles more than 1.5 million metric tons of grains, oilseeds and soft commodities annually destined for the Middle East [...]

Archer Daniels Midland Company (NYSE: ADM) today announced that CEO and President Juan R. Luciano has been named chairman of the company’s board of directors, effective Jan. 1, 2016. Luciano succeeds Patricia Woertz, who has served as chairman since 2007, and who was Luciano’s predecessor in the CEO role. She retired from that position on Dec. 31, 2014. In light of the seamless leadership transition Woertz and [...]