Archer Daniels Midland Co Stock Price, News & Analysis

Wolf Carbon Solutions and ADM have signed a Letter of Intent to develop a carbon dioxide pipeline to further decarbonize ADM's operations. The 350-mile pipeline will transport up to 12 million tons of CO₂ annually from ADM's facilities in Clinton and Cedar Rapids to a sequestration site in Decatur, Illinois. This initiative aims to enhance ESG commitments and carbon reduction efforts, showcasing ADM's leadership in the low carbon transition and its substantial experience in CO₂ sequestration.

ADM has announced the acquisition of Flavor Infusion International, S.A. (FISA), expanding its flavor and specialty ingredient solutions in Latin America and the Caribbean. This strategic move supports ADM's Nutrition segment, which has seen profit growth of 15-20% annually and flavors business growth exceeding 10%. The acquisition adds FISA's 60-member team and two manufacturing facilities in Panama and Colombia, enhancing ADM's global capabilities in these markets. This deal aims to bolster ADM's product offerings and market reach.

Marathon Petroleum Corp. (MPC) and ADM have finalized their joint venture, Green Bison Soy Processing, LLC, to produce soybean oil aimed at meeting the rising demand for renewable diesel fuel. With a 75% stake held by ADM and 25% by MPC, this $350 million facility in Spiritwood, North Dakota is set to process local soybeans, generating around 600 million pounds of refined soybean oil annually. The output will be dedicated to MPC for approximately 75 million gallons of renewable diesel per year.

ADM hosted its 2021 Global Investor Day, outlining a strategy aimed at achieving earnings growth of $6.00-$7.00 per share by 2025. The plan includes net incremental operating profit growth of $1.2B and targets $1.25-$1.5B in operating profit for its Nutrition segment. The company aims for a $1B economic value-add and plans to repurchase $5B in shares. Additionally, ADM committed to reducing Scope 3 GHG emissions by 25% by 2035, reinforcing its focus on sustainability.

ADM has successfully completed its acquisition of Sojaprotein, a top European supplier of non-GMO soy ingredients. This move significantly enhances ADM's capabilities in the fast-growing alternative protein sector, responding to the rising demand for plant-based foods. Sojaprotein, established in 1977 in Serbia, reported over $100 million in sales in 2020 and exports to 65 countries. This acquisition complements ADM’s ongoing investments in alternative proteins, including new facilities in Brazil and North Dakota, reinforcing its commitment to sustainability and nutrition.

ADM has announced its Global Investor Day scheduled for December 10, starting at 9:00 a.m. EST and concluding around 12:00 p.m. Key company leaders, including CEO Juan Luciano and CFO Ray Young, will present.

The event will be available via live webcast, encouraging participants to pre-register online and submit questions during the presentation. ADM emphasizes its role as a leader in nutrition solutions and agricultural processing, signaling a commitment to transparency and engagement with investors.

ADM has successfully completed its acquisition of Deerland Probiotics & Enzymes, enhancing its position in the health and wellness market, which is valued over $775 billion. This acquisition integrates Deerland’s expertise in probiotics and enzymes into ADM's portfolio, in response to the growing demand for microbiome ingredients. With Deerland's innovative products, ADM aims to strengthen its leadership in dietary supplements and functional foods globally. This strategic move aligns with ADM's commitment to providing diverse nutrition solutions for consumers.

ADM has announced a strategic partnership with Farmers Business Network (FBN), following an equity investment in FBN’s latest funding round. This collaboration aims to enhance farmer profitability and promote sustainable agriculture. Key initiatives include developing low-carbon grain markets, improving digital transaction systems via FBN’s Gradable platform, and facilitating easier access to ADM products for FBN’s 30,000 farmer members. This partnership leverages ADM's supply chain expertise alongside FBN's technology-driven farming solutions.

ADM has partnered with Asia Sustainable Foods Platform, a Temasek-owned company, to establish a 50-50 joint venture aimed at enhancing technology development and precision fermentation in the Asia-Pacific region. This venture will support businesses in creating alternative protein products through food-grade fermentation and consulting services. With ADM's expertise in microbial solutions, the initiative aims to meet the rising demand for sustainable food alternatives, particularly in Singapore. The collaboration is also backed by the Singapore Economic Development Board to strengthen the local agri-food ecosystem.