ADM

Archer Daniels Midland (ADM) is a multinational agricultural processing and food ingredient company based in Chicago, United States. Established in 1902, ADM has a rich history spanning over a century. Headquartered in the iconic ADM Building in Chicago, the company has a global presence with operations in more than 170 countries. ADM operates through four business segments: Origination, Oilseeds, Carbohydrate Solutions, and Nutrition. In the Origination segment, ADM sources, stores, transports, and markets agricultural commodities such as grains, oilseeds, and feed ingredients. The Oilseeds segment processes oilseeds into edible oils, protein meal, and other products. Carbohydrate Solutions focuses on producing sweeteners, starches, and other corn-based products. The Nutrition segment produces and sells ingredients used in the food, animal feed, and beverage industries. ADM has an extensive network of subsidiaries, joint ventures, and partnerships that enhance its global reach. Noteworthy subsidiaries include Wilmar International Limited, a leading agribusiness company based in Singapore, and Naturipe Farms, a premier producer of berries and other fresh produce. ADM also has joint ventures with companies like Cargill and Marubeni Corporation. With a robust global presence, ADM is a leading player in the food processing industry. The company's revenue in 2020 reached $64.36 billion, solidifying its position as one of the largest agricultural processors in the world. ADM faces competition from rivals such as Bunge Limited and Cargill, but continues to maintain a strong market position. Over the years, ADM has achieved several milestones and made significant changes to its strategy. The company has expanded its product portfolio by acquiring various businesses, such as Neovia, a global animal nutrition provider. ADM has also invested in research and development, focusing on developing sustainable and innovative solutions for the food industry.