In a series of recent actions, Archer Daniels Midland Company (ADM) aims to streamline operations, optimize costs, and increase its market position. Several firms including Public Employees Retirement System of Ohio, Czech National Bank, and Alliancebernstein L.P. have increased their stock positions in ADM. However, the stock has seen some decline and there are ongoing concerns about the impact of trade turmoil on profits. ADM has also forged a joint venture agreement with Alltech to enhance the animal feed business and target cost reductions. Notwithstanding these moves, uncertainties due to tariffs have led ADM to anticipate its 2025 profit at the lower end of prior forecasts. Simultaneously, ADM continues to expand and consolidate its production network despite challenges, including the upcoming closure of an Illinois soy protein plant. Moreover, the carbon storage site that suffered a leak is set to restart.
Archer Daniels Midland Company ADM News Analytics from Sat, 08 Feb 2025 08:00:00 GMT to Sat, 27 Sep 2025 17:18:02 GMT - Rating 1 - Innovation -2 - Information 8 - Rumor -4
