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About Archer-Daniels-Midland Company

Archer-Daniels-Midland (ADM) forges every link in the food chain from field to processing to store. One of the world's largest processors of agricultural commodities, the company converts corn, oilseeds, and wheat into products for food, animal feed, industrial, and energy uses at nearly 350 processing plants worldwide. The company is also a leading manufacturer of protein meal, vegetable oil, corn sweeteners, flour, biodiesel, ethanol, and other value-added food and feed ingredients. ADM operates an extensive US grain elevator and global transportation network that buys, stores, transports, and resells feed commodities for the agricultural processing industry, connecting crops with markets on six continents.

Operations

Archer-Daniels-Midland (ADM) conducts its business through three operating segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.

Ag Services and Oilseeds accounts for approximately three quarters of ADM's revenue and buys, stores, cleans, and transports agricultural commodities such as oilseeds, corn, wheat, milo, oats, rice, and barley. It resells them as food and feed ingredients and as raw materials for the agriculture processing industry. Oilseeds products produced and marketed by the segment include ingredients for food, feed, energy, and industrial customers.

The Carbohydrate Solutions segment accounts for 15% of sales, is engaged in corn and wheat wet and dry milling and other activities. It carries out corn wet and dry milling to convert corn into sweeteners, starches, syrups, glucose, dextrose, and bioproducts. It also ferments dextrose to produce alcohol and other food and animal feed ingredients

Nutrition segment brings in the remaining revenue and produces natural flavor ingredients, flavor systems, natural colors, proteins, emulsifiers, and soluble fiber, among other specialty products. Additionally, it buys, processes, and sells edible beans and soy proteins.

A big part of ADM's business is getting products from one place to another. It has developed a comprehensive transportation network that moves commodities and processed products around the world. It owns or leases approximately 1,900 barges, 11,900 rail cars, 330 trucks, 1,300 trailers, 90 boats, and seven oceangoing vessels; and leases, under operating leases, approximately 610 barges, 16,900 rail cars, 320 trucks, 280 trailers, 40 boats, and nearly 20 oceangoing vessels.

Geographic Reach

The US is Archer-Daniels-Midlands's largest market, accounting for more than 40% of total sales. Switzerland accounts for around 20%, Cayman Islands more than 5%, Brazil, Germany and other countries accounts the remainder. The company connecting crops and markets in more than 190 countries. ADM currently owns or leases nearly 350 processing plants and more than 480 procurement facilities, nearly 45% of which are located outside of the US.

In total, ADM has nearly 350 owned or leased, US or non-US processing plants and more than 480 owned or leased, US or non-US procurement facilities. The company also has 230 warehouses and terminals primarily used as bulk storage facilities and 55 innovation centers.

Overall, ADM has plants and facilities in North and South America, Europe, Africa, and Asia.

Sales and Marketing

Archer-Daniels-Midland's products are distributed mainly in bulk from processing plants or storage facilities directly to customers' facilities. ADM has developed transportation capability to move both commodities and processed products virtually anywhere in the world.

Financial Performance

Archer-Daniels-Midland's revenue rose after the consecutive decreases in 2015, 2016, and 2017. In 2019, revenues increased $315 million to $64.7 billion due to overall higher sales volumes ($3.2 billion), partially offset by lower sales prices ($2.9 billion). The increase in sales volumes was due principally to soybeans, wheat, cotton, and higher sales volumes of feed ingredients related to acquisitions.

In 2019, Net income fell 24% to $1.4 billion from $1.8 billion the previous year.

Cash at the end of 2019 totaled $3 billion, an $853 million decrease from the previous year. Operating activities used $5.5 billion while investing activities generated $5.3 billion. Financing activities used another $660 million.

Strategy

The company's strategy involves expanding the volume and diversity of crops that it merchandises and processes, expanding the global reach of its core model, and expanding its value-added product portfolio. One of ADM's strategies is to expand the global reach of its core model may include expanding or developing its business in emerging market areas such as Asia, Eastern Europe, the Middle East, and Africa. As the company adds new products to its portfolio, it is keeps an eye on operations that fail to meet expectations.

One of the Company's strategies is to expand the global reach of its core model, which may include expanding or developing its business in emerging market areas. Both developed and emerging market areas are subject to impacts of economic downturns, including decreased demand for the Company's products, and reduced availability of credit, or declining credit quality of the Company's suppliers, customers, and other counterparties.

The Company's strategy also involves expanding the volume and diversity of crops it merchandises and processes, expanding the global reach of its core model, and expanding its value-added product portfolio. Government policies including, but not limited to, antitrust and competition law, trade restrictions, food safety regulations, sustainability requirements, and traceability, can impact the Company's ability to execute this strategy successfully.

Mergers and Acquisitions

In early 2020, ADM acquired Yerbalatina Phytoactives (Yerbalatina), a natural plant-based extracts and ingredients manufacturer based in Brazil. This acquisition e xpands ADM's already significant 6,000-person-strong business in Brazil.

Archer-Daniels-Midland Company

77 W Wacker Dr Ste 4600
Chicago, IL 60601-1667
Phone: 1 (312) 634-8100

Firm Stats

Employer Type: Publicly Owned
Stock Symbol: ADM
Stock Exchange: , NYSE
Chairman and CEO: Juan R. Luciano
SVP and CTO: Todd A. Werpy
EVP and CFO: Ray G. Young
Employees (This Location): 600
Employees (All Locations): 38,100

Major Office Locations

Chicago, IL

Other Locations

Bay Minette, AL
Birmingham, AL
Headland, AL
Ozark, AL
Marion, AR
Scottsdale, AZ
Arbuckle, CA
Colton, CA
Fresno, CA
Hayward, CA
Lodi, CA
Los Angeles, CA
Modesto, CA
Santa Fe Springs, CA
Denver, CO
Yuma, CO
New Canaan, CT
Graceville, FL
Greenwood, FL
High Springs, FL
Monticello, FL
Tamarac, FL
Tampa, FL
Alpharetta, GA
Ashburn, GA
Blakely, GA
Camilla, GA
Climax, GA
Cordele, GA
Dahlonega, GA
Dawson, GA
Donalsonville, GA
Savannah, GA
Valdosta, GA
Vienna, GA
Ackley, IA
Anthon, IA
Atlantic, IA
Burlington, IA
Camanche, IA
Cedar Rapids, IA
Clinton, IA
Des Moines, IA
Kalona, IA
Keokuk, IA
Manilla, IA
New Hampton, IA
Sheldon, IA
Sioux City, IA
Caldwell, ID
Kimberly, ID
Twin Falls, ID
Altamont, IL
Bay Minette, IL
Bushnell, IL
Carman, IL
Chicago, IL
Clinton, IL
Crystal Lake, IL
Decatur, IL
Dixon, IL
East Saint Louis, IL
Edgewood, IL
Effingham, IL
Fairbury, IL
Farina, IL
Farmer City, IL
Frederick, IL
German Valley, IL
Havana, IL
Hennepin, IL
Henry, IL
Hoopeston, IL
Hull, IL
Hume, IL
Keithsburg, IL
Lacon, IL
Lake Bluff, IL
Macon, IL
Martinton, IL
Mendota, IL
Meredosia, IL
Morris, IL
Mound City, IL
Mount Auburn, IL
Naples, IL
New Berlin, IL
Newman, IL
Oak Brook, IL
Oakland, IL
Ottawa, IL
Patoka, IL
Peoria, IL
Peru, IL
Quincy, IL
Seward, IL
Shobonier, IL
Spring Valley, IL
Sullivan, IL
Waynesville, IL
Xenia, IL
Attica, IN
Beech Grove, IN
Bluffton, IN
Brookston, IN
Crawfordsville, IN
Decatur, IN
Evansville, IN
Fillmore, IN
Fowler, IN
Frankfort, IN
Goodland, IN
Goshen, IN
Indianapolis, IN
Logansport, IN
Mount Vernon, IN
Nappanee, IN
Newburgh, IN
Otterbein, IN
Rensselaer, IN
State Line, IN
Sullivan, IN
Winslow, IN
Abilene, KS
Arkansas City, KS
Belpre, KS
Brewster, KS
Bucyrus, KS
Copeland, KS
Dodge City, KS
Goodland, KS
Greensburg, KS
Hiawatha, KS
Hutchinson, KS
Jetmore, KS
Johnson, KS
Kansas City, KS
Kinsley, KS
Leoti, KS
Little River, KS
Marquette, KS
Montezuma, KS
Moscow, KS
New Cambria, KS
Oakley, KS
Olathe, KS
Overland Park, KS
Palco, KS
Plains, KS
Pratt, KS
Sabetha, KS
Salina, KS
Satanta, KS
Scott City, KS
Shawnee Mission, KS
Simpson, KS
Sublette, KS
Topeka, KS
Campbellsville, KY
Florence, KY
Ledbetter, KY
Silver Grove, KY
Ama, LA
Destrehan, LA
Paulina, LA
Reserve, LA
Westwego, LA
Mansfield, MA
Plymouth, MA
Laurel, MD
Auburn, MI
Battle Creek, MI
Carsonville, MI
Grand Ledge, MI
Kalamazoo, MI
Kinde, MI
Ottawa Lake, MI
Pinconning, MI
Portland, MI
Reese, MI
Snover, MI
Webberville, MI
Appleton, MN
Dovray, MN
Glencoe, MN
Hawick, MN
Mankato, MN
Marshall, MN
Minneapolis, MN
Olivia, MN
Red Wing, MN
Saint Cloud, MN
Saint Paul, MN
Sanborn, MN
Winona, MN
Baring, MO
Carthage, MO
Center, MO
Deerfield, MO
Kansas City, MO
La Belle, MO
Laclede, MO
Mexico, MO
Montgomery City, MO
Mountain Grove, MO
Novelty, MO
Saint Louis, MO
Shelbina, MO
Springfield, MO
Clarksdale, MS
Big Sandy, MT
Havre, MT
Charlotte, NC
Monroe, NC
Southport, NC
Casselton, ND
Cavalier, ND
Enderlin, ND
Fargo, ND
Galesburg, ND
Grafton, ND
Grand Forks, ND
Hebron, ND
Northwood, ND
Saint Thomas, ND
Underwood, ND
Velva, ND
Walhalla, ND
Columbus, NE
Fremont, NE
Fullerton, NE
Lincoln, NE
South Sioux City, NE
Wisner, NE
Elizabeth, NJ
Buffalo, NY
Hudson, NY
Lakeville, NY
Montezuma, NY
New York, NY
Chillicothe, OH
Columbus, OH
Fostoria, OH
Sugarcreek, OH
Toledo, OH
Altus, OK
Enid, OK
Hooker, OK
Madill, OK
Tyrone, OK
Portland, OR
Bethlehem, PA
Camp Hill, PA
Langhorne, PA
Estill, SC
Kershaw, SC
Harrold, SD
Hitchcock, SD
Watertown, SD
Chattanooga, TN
Cleveland, TN
Jackson, TN
Memphis, TN
Newport, TN
Amarillo, TX
Comanche, TX
Corpus Christi, TX
Dallas, TX
De Leon, TX
Fort Worth, TX
Galveston, TX
Hereford, TX
Levelland, TX
Littlefield, TX
Lubbock, TX
New Braunfels, TX
Paris, TX
Pleasanton, TX
Richmond, TX
Saginaw, TX
Seagraves, TX
Seminole, TX
Slaton, TX
Springlake, TX
Sweetwater, TX
South Salt Lake, UT
Rockingham, VA
Cheney, WA
Ephrata, WA
Goldendale, WA
Spokane, WA
Spokane Valley, WA
Belmont, WI
Boscobel, WI
Cassville, WI
Lodi, WI
Milwaukee, WI
Stanley, WI
Stevens Point, WI
Westfield, WI
Burlington, WY
Powell, WY
Kamisu, Japan
Araguari, Brazil
Balsas, Brazil
Barcarena, Brazil
Belem, Brazil
Buritis, Brazil
Caarapo, Brazil
Campo Grande, Brazil
Campo Novo Do Parecis, Brazil
Campos De Julio, Brazil
Campo Verde, Brazil
Canarana, Brazil
Capitao Poco, Brazil
Castelandia, Brazil
Catalao, Brazil
Chapadao Do Ceu, Brazil
Chapadao Do Sul, Brazil
Corrego Do Bom Jesus, Brazil
Corrente, Brazil
Correntina, Brazil
Costa Rica, Brazil
Cristalina, Brazil
Diamantino, Brazil
Guarai, Brazil
Guaranta Do Norte, Brazil
Guaxupe, Brazil
Herval D'Oeste, Brazil
Ibia, Brazil
Ipameri, Brazil
Ipiranga Do Norte, Brazil
Irituia, Brazil
Itiquira, Brazil
Joacaba, Brazil
Ladario, Brazil
Lucas Do Rio Verde, Brazil
Luis Eduardo Magalhaes, Brazil
Mae Do Rio, Brazil
Maracaju, Brazil
Maringa, Brazil
Nova Mutum, Brazil
Nova Ponte, Brazil
Nova Ubirata, Brazil
Palmas, Brazil
Panorama, Brazil
Paracatu, Brazil
Paragominas, Brazil
Paranagua, Brazil
Passo Fundo, Brazil
Patrocinio Do Muriae, Brazil
Pederneiras, Brazil
Pedro Gomes, Brazil
Porto Alegre, Brazil
Presidente Epitacio, Brazil
Primavera Do Leste, Brazil
Ribas Do Rio Pardo, Brazil
Ribeirao Preto, Brazil
Rio Grande, Brazil
Rio Verde, Brazil
Rondonopolis, Brazil
Santa Juliana, Brazil
Santa Maria Da Serra, Brazil
Santa Maria Do Para, Brazil
Santo Antonio Do Taua, Brazil
Santos, Brazil
Sao Domingos Do Capim, Brazil
Sao Gabriel Do Oeste, Brazil
Sao Jose Do Rio Claro, Brazil
Sao Miguel Do Guama, Brazil
Sao Simao, Brazil
Sinop, Brazil
Sorriso, Brazil
Tapurah, Brazil
Tres Passos, Brazil
Uberaba, Brazil
Uberlandia, Brazil
Unai, Brazil
Vilhena, Brazil
Vitoria, Brazil
Blenheim, Canada
Burnaby, Canada
Calgary, Canada
Candiac, Canada
Carberry, Canada
Essex, Canada
Lethbridge, Canada
Lloydminster, Canada
Maidstone, Canada
Medicine Hat, Canada
Midland, Canada
Mississauga, Canada
Montréal, Canada
Montreal, Canada
Port Colborne, Canada
Saint-Hyacinthe, Canada
Saskatoon, Canada
St-Valérien, Canada
Watson, Canada
Winnipeg, Canada
Woodstock, Canada
Fourqueux, France
Krasnodar, Russia
Novosibirsk, Russia
St. Petersburg, Russia
Taipei City, Taiwan
Berlin, Germany
Hamburg, Germany
Montevideo, Uruguay
Singapore, Singapore