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Archer Daniels Midland (ADM) Stock News, Oct 5-22, 2020

ADM NYSE

Archer Daniels Midland Company reports developments tied to its role as a global agricultural supply chain manager, commodity processor, grain merchandiser, and provider of human and animal nutrition ingredients. Recurring updates cover quarterly and annual results, segment performance in Nutrition and agricultural processing activities, guidance, bio-based solutions, and market conditions affecting crops, oilseeds, corn, wheat, sweeteners, starches, ethanol, and biofuels.

ADM news also includes cash dividend declarations on its common stock, board and governance changes, sustainability and ethics recognition, farmer-resilience partnerships, and investor conference appearances. Company announcements often connect its processing and logistics network with food security, nutrition, agricultural markets, and the bioeconomy.

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ADM has rescheduled its third-quarter financial results webcast to 8 a.m. Central Time on Friday, Oct. 30, from the previously announced 7 a.m. The earnings results will be disclosed after the market closes on Thursday, Oct. 29, with a slide presentation available for download. This adjustment highlights ADM's commitment to transparency and accessibility in sharing its financial performance with stakeholders.

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ADM (NYSE: ADM) is set to build a new state-of-the-art facility in Valencia, Spain, to enhance its microbiome solutions capability. This facility will dramatically increase production capacity five-fold, allowing for a diverse range of innovative probiotics and postbiotics aimed at improving metabolic health. The facility will be operational by 2022 and co-located with ADM’s flavor production site. As health-conscious consumers seek products that support wellness, ADM’s investments position it well to fulfill this demand, bolstered by its award-winning product portfolio.

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ADM and Spiber have announced an agreement to expand the production of Spiber’s Brewed Protein™ polymers for apparel and consumer products. This collaboration will leverage Spiber’s protein fermentation technology and ADM’s fermentation expertise and agricultural supply chain. The polymers will be produced in the U.S. using plant-based dextrose, providing sustainable alternatives for industries. This partnership aims to commercialize Spiber’s materials more widely, with an emphasis on sustainability.

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FAQ

What is the current stock price of Archer Daniels Midland (ADM)?

Archer Daniels Midland (ADM) last closed at $80.42.

What is the market cap of Archer Daniels Midland (ADM)?

The market cap of Archer Daniels Midland (ADM) is approximately $38.8B.