Archer Daniels Midland Co Stock Price, News & Analysis

ADM, a leader in nutrition, forecasts the human microbiome market to reach $9.1 billion by 2026. Insights from their Outside Voice platform reveal emerging consumer trends focused on prebiotics, probiotics, and postbiotics. Key findings show over half of global consumers recognize the gut-brain connection, and personalized nutrition solutions are becoming mainstream. ADM emphasizes the importance of innovation to support wellness through microbiome health, supported by partnerships with innovators like Nourished and Brightseed.

ADM has appointed Ron Bandler as Vice President and Treasurer, succeeding John Stott, who has moved to President of ADM Investor Services, Inc. Bandler brings over 32 years of experience within ADM, previously serving as Assistant Treasurer overseeing critical financial operations including foreign exchange and debt capital management. He holds a master's degree in international management from Thunderbird School of Global Management and a bachelor's degree in business from the University of Arizona.

ADM plans to significantly expand starch production at its Marshall, Minnesota facility to meet rising demand from food and beverage sectors. This investment supports the ongoing growth of the company's BioSolutions platform, which has already generated $100 million in new annual revenue in 2021 and an additional $55 million in 2022. The project, set for completion in the second half of 2023, reflects ADM's commitment to sustainability and food security, adapting to evolving market needs.

AM Best has withdrawn the Financial Strength Rating (FSR) of A- and Long-Term Issuer Credit Rating of 'a-' for ADM Insurance Company, following its sale to a non-affiliated entity. Meanwhile, Agrinational Insurance Company retains its FSR and Long-Term ICR of A- and 'a-' with a stable outlook. The ratings indicate strong balance sheet strength and adequate operational performance, despite lower premium volumes since the sale of its subsidiary, ADM Crop Risk Services, in 2017. Agrinational primarily insures risks for affiliated entities and benefits from support from its parent company, Archer Daniels Midland.

ADM (NYSE: ADM) will participate in the 17th annual BMO Capital Markets Farm to Market Conference in New York City on May 18. Chairman and CEO Juan Luciano, along with CFO Vikram Luthar, will discuss the company’s strategic progress and growth opportunities. The event will be broadcast live at 9:30 a.m. Eastern time, with a replay available for a limited time. ADM is recognized for its efforts in sustainability, nutrition solutions, and innovative product development aimed at enhancing food security and supporting healthier living.

ADM's Board has declared a cash dividend of 40 cents per share, with a payment date set for June 8, 2022. Shareholders on record by May 18, 2022 will benefit from this payout. This dividend marks ADM's 362nd consecutive quarterly payment, showcasing a remarkable milestone of 90 years in uninterrupted dividend history. As of March 31, 2022, ADM had 562,606,668 shares of common stock outstanding, underlining the company's commitment to returning value to shareholders.