Archer Daniels Midland
Archer Daniels Midland (NYSE: ADM)
Archer Daniels Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products primarily in the United States. It operates in three segments: Oilseeds Processing, Corn Processing, and Agricultural Services.
Archer Daniels, through its other subsidiaries, provides commodities broking services; foreign exchange services; and participates in third-party reinsurance arrangements. The company was founded in 1898 and is based in Decatur, Illinois.
In 2014, ADM announced the acquisition of Wild Flavors, a flavors and fragrances firm best known for naturally derived flavors and colors used in foods and beverages.
In 2011, ADM began production of biobased propylene glycol, presumably from co-product glycerine (from the manufacture of biodiesel from canola and soybean oil). In 2015, Clariant added ADM's bio-propylene glycol to two aircraft deicer formulations.
Recent Mentions on Fool.com
- Forget Food and Fuel: America's Corn Is Worth $125 Billion to This Industry
- Dear EPA, Please Fix Biofuels in 2015
- 5 Things Archer Daniels Midland Management Wants You to Know
- Oil Prices Will Sting, but Won't Kill This Government-Backed Commodity
- Wall Street Misses the Point With Archer Daniels Midland Earnings