Archer Daniels Midland

, including products, history, and financial information.
Archer Daniels Midland Company, commonly known as ADM, is an American multinational food processing and commodities trading corporation headquartered in Chicago, Illinois. With operations in more than 200 countries, ADM is one of the largest agricultural processors and food ingredient providers in the world.
Products
ADM's products include food and feed ingredients such as oils, wheat, corn, cocoa, and other agricultural commodities. The company also produces a wide range of ingredients for the food, beverage, and animal feed industries, including sweeteners, starches, proteins, and emulsifiers. ADM's diversified product portfolio also includes ethanol, industrial chemicals, and other bio-based products.
History
ADM was founded in 1902 by George A. Archer and John W. Daniels in Minneapolis, Minnesota. The company started as a small linseed crushing business and gradually expanded into other agricultural businesses. In the 1920s, ADM entered into the soybean processing industry, which would become its primary business in the following decades.
In the 1970s, ADM expanded its operations into Europe and Asia, and in the 1980s, it entered into the biodiesel and ethanol fuel markets. The company also expanded its product portfolio through several acquisitions, including the acquisition of National Starch and Chemical Company in 2010.
Today, ADM is a Fortune 500 company and one of the largest agricultural processors in the world, with over 40,000 employees and more than 300 processing plants. The company has a global presence, with its operations spanning across North and South America, Europe, Asia, and Africa.
Financial Information
In 2020, ADM reported net sales of $64.4 billion and a net earnings of $2.98 billion. The company's market capitalization is approximately $27 billion as of 2021.
Sustainability
ADM is committed to sustainable agricultural practices and has set goals to reduce emissions, improve water efficiency, and promote sustainable farming practices in its supply chain. The company is also investing in renewable energy sources and aims to reduce its greenhouse gas emissions by 25% by 2035.
Community Engagement
ADM is dedicated to making a positive impact in the communities where it operates. The company supports various charitable initiatives, including food donations, disaster relief efforts, and educational programs. It also has initiatives focused on employee volunteering and diversity and inclusion.
Conclusion
Archer Daniels Midland is a global leader in food processing and commodities trading, with a diverse product portfolio and a strong commitment to sustainability and community engagement. With its long history and global presence, ADM is a key player in the agricultural industry.

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See Company Q&A