Archer Daniels Midland Company

Archer Daniels Midland Company (NYSE: ADM) today announced actions to align its investments and organization to better serve growing demand for its products across Asia-Pacific. “As populations and incomes across Asia continue to rise, diets are evolving. With that shift comes an increase in demand for crops and other products from agriculture. For decades, ADM has connected the world’s harvest with the Asian market [...]

Archer Daniels Midland Company (NYSE: ADM) today announced that it has completed the acquisition of the remaining minority stake of Alfred C. Toepfer International, and is working on integrating Toepfer’s operations into ADM’s. “The completion of the Toepfer acquisition is an important step for ADM’s Agricultural Services division to become a full value chain from origination to destination,” said Joe Taets, senior vice [...]

Archer Daniels Midland Company (NYSE: ADM) announced today its participation in the World Cocoa Foundation’s CocoaAction strategy, which brings together leaders in the cocoa industry to advance sustainability efforts in West Africa. Through CocoaAction, 12 of the world’s largest cocoa and chocolate companies will voluntarily coordinate their resources and align their objectives to increase efforts to build a stronger [...]

Archer Daniels Midland Company (NYSE: ADM) is making progress on its strategy to enhance shareholder value by improving returns, and the company sees many more opportunities ahead, according to President and Chief Operating Officer Juan Luciano. “Our returns strategy is beginning to deliver for us, and we are just getting started,” Luciano told investors at the BMO Farm to Market conference in New York City, adding that [...]

Archer Daniels Midland Company (NYSE: ADM) today announced its intention to exclusively offer Roundtable on Sustainable Palm Oil (RSPO) certified sustainable palm oil to North American customers beginning in 2015. ADM is also working with Wilmar International Limited to provide fully traceable, sustainable palm oil that meets the RSPO Mass Balance standards. “ADM and Wilmar share a commitment to environmental [...]

Archer Daniels Midland Company (NYSE: ADM) today announced two management appointments. Ian Pinner has been named president, Global Cocoa, where he will oversee the company’s cocoa press operations. Scott Walker has been named vice president, Oilseeds Portfolio Optimization; he will lead the company’s sale of its chocolate business. “As we work to sell our chocolate business—while retaining and continuing to improve [...]

Archer Daniels Midland Company (NYSE: ADM) today announced at its 91st Annual Stockholders’ Meeting the election of its board of directors, including new director Francisco Sanchez. Sanchez is senior managing director at Pt Capital, a private equity firm focused on responsible investments in the Arctic. He is also the founder and chairman of the board of CNS Global Consulting, a firm focused on international trade and [...]

Archer Daniels Midland Company (NYSE: ADM) will present at the BMO Capital Markets 2014 Farm to Market Conference on Thursday, May 22, 2014, in New York. Juan Luciano, president and chief operating officer, will present at 9 a.m. Eastern Time. The ADM presentation will be webcast live at www.adm.com/webcast. A replay of the presentation will be available May 23, 2014, to June 2, 2014, at ...

Archer Daniels Midland Company (NYSE: ADM) today reported financial results for the quarter ended Mar. 31, 2014. The company reported adjusted earnings per share1 of $0.55, up from $0.46 in the same period last year. Net earnings for the quarter were $267 million, or $0.40 per share, comparable to the $0.41 per share in the same period one year earlier. Segment operating profit1 was $691 million, up 10 percent from the [...]

Archer Daniels Midland Company (NYSE: ADM) today announced three significant actions in the company’s ongoing portfolio management: an agreement to sell the company’s South American fertilizer business, pursuit of the sale of the company’s chocolate business, and the acquisition of the remaining stake of Alfred C. Toepfer International GmbH. “We are committed to ongoing portfolio management to realize value from our [...]