Archer-Daniels-Midland Co (ADM) Sector
Consumer Staples

(Current) $60.49
-0.43 (-0.71%) Open Price: 60.72

Archer-Daniels-Midland Co. (ADM) is an American multinational food processing and commodities trading corporation. The company was founded in 1902 by George A. Archer and John W. Daniels. Originally named the Archer Daniels Linseed Company, it began as a linseed crushing business in Minneapolis, Minnesota, primarily producing linseed oil and cakes. Over the years, ADM expanded its operations and diversified its product offerings to become one of the world's largest agricultural processors and food ingredient providers.

ADM's core business involves procuring, processing, storing, and merchandising agricultural commodities such as corn, wheat, soybeans, and cocoa. The company processes these raw materials into products for human and animal consumption, industrial applications, and renewable fuels. Their product portfolio includes a wide range of food ingredients, animal feed, biofuels, and industrial products.

As a major player in the commodities trading industry, ADM operates a global network of sourcing, transportation, and processing facilities. The company has a significant presence in North America, South America, Europe, Asia, and Africa. With its extensive supply chain and distribution network, ADM serves customers in more than 170 countries around the world.

Over the years, ADM has grown through acquisitions and strategic investments. It has expanded its operations into new markets and diversified its product offerings to meet the evolving needs of its customers. The company remains committed to sustainable and responsible business practices, focusing on enhancing the efficiency and environmental sustainability of its operations.

As a major player in the agriculture and food industry, ADM plays a critical role in the global food supply chain. The company's products are used in a wide range of applications, including food and beverage manufacturing, animal nutrition, industrial processes, and renewable energy production. With its strong global presence and diverse product portfolio, ADM continues to be a leading player in the agricultural and food processing sectors.

(05/23/24) $60.72
(05/25/24) $60.92
(05/25/24) (Qty.)2,659,931
(05/23/24) $60.62
(05/23/24) $62.48
(05/05/24) $58.92
(05/12/24) $63.69
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