ADM is a major processor of soybeans and corn. Soybean oil and meal are the firm's primary soybean products, with oils sold mainly to food customers and meal to animal feed customers. As such ...
Sources told Reuters that layoffs are currently under way. ADM's profit has eroded amid slow demand and a global glut of ...
Juan Luciano, Chair of the Board and CEO, highlighted that ADM reported Q4 adjusted EPS of $1.14 and full-year adjusted EPS of $4.74, aligning with the midpoint of guidance. Total segment operating ...
The ingredients manufacturer and crop trader identified more than $2 billion in opportunities to streamline its portfolio as it looks to cut costs.
Two global agricultural trading powerhouses have had their financial earnings hampered by the lack of clarity surrounding US ...
Archer Daniels Midland fell as much as 5% to its lowest in four years, as it reported Q4 earnings that fell 9% Y/Y with a cautious outlook for 2025, and said it would cut up to 700 jobs.
Corn, soybean and wheat prices hit four-year lows in 2024 as global stocks of the food staples ballooned to multiyear highs and whittled down profit margins for agribusinesses like ADM that make ...
ADM's profit has eroded amid slow demand and a global glut of staple crops like corn and soybeans, which it buys, sells, processes and ships around the world. Prices of both crops hit four-year ...
As they prepare to make outlays for spring planting, Iowa farmers wonder when and if they'll get promised federal payments ...
Archer Daniels Midland (ADM) is a global leader in nutrition and agricultural processing. With an extensive portfolio of ...
(Reuters) -Global grain merchant Archer-Daniels-Midland will soon start laying off employees as part of a global effort to cut costs as low crop prices erode profit, three people briefed on the matter ...
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