Archer-Daniels-Midland Company provides human and animal nutrition ingredients and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds; Carbohydrate Solutions; and Nutrition. The company engages in the origination, merchandising, transportation, and storage of agricultural raw materials, as well as the crushing and processing of oilseeds, including soybeans and soft seeds, such as cottonseed, sunflower seed, canola, rapeseed, and flaxseed; produces and markets vegetable oils and oilseed protein meals used by food, feed, energy, and industrial customers; sale of crude and partially refined vegetable oils; supplies peanuts and peanut-derived ingredients; and manufactures cotton cellulose pulp. It is also involved in the grain sourcing, handling, and multimodal transportation network supporting import, export, and distribution activities; structured trade finance activities; corn and wheat wet and dry milling and related processing activities; production of distillers' grains, corn gluten feed, and corn gluten meal for use as animal feed ingredients; and carbon capture and sequestration and other emissions-reduction initiatives. In addition, the company engages in the creation, manufacturing, sale, and distribution of an array of ingredients and solutions comprising plant-based proteins, flavors and colors derived from nature, flavor systems, emulsifiers, soluble fiber, polyols, hydrocolloids, probiotics, prebiotics, postbiotics, enzymes, botanical extracts, and other specialty food and feed ingredients and systems. Further, it is involved in the derivatives and commodity exchanges and clearing houses; and insurance coverage for certain property, casualty, marine, medical, and other miscellaneous risks. The company was founded in 1902 and is based in Chicago, Illinois.
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U.S. RIN prices plunge after EPA delays biofuel compliance deadline
U.S. ethanol blending credit prices plunged Monday to their lowest levels in more than four months after the Environmental Protection Agency extended a September 1 compliance deadline for refiners and ruled on long-pending small refinery exemption requests by the end of August. Conventional ethanol RINs traded as low as $1.75, down $0.34 from Friday and their lowest level since April 15, according to data from Argus Media, after the credits had traded as high as $2.50 on July 7. RIN prices lost substantial value again during Monday's session in response to the EPA's impending small refinery exemption decisions, after falling 5% on Friday. Market participants expect the EPA's rulings to free up a significant number of credits, with refining and ethanol industry analysts estimating that the exemptions could free up 1.2 billion to 1.8 billion RINs that small refiners could use to meet their 2025 compliance obligations, after the EPA had previously indicated it could reallocate 990 million RINs associated with exemptions. Extending the compliance deadline is seen as signaling some form of RIN relief for refiners' 2026 and 2027 obligations as well, University of Illinois agricultural economist Scott Irwin told Reuters.
Ingredients, Flavors & Fragrances Stocks Post Mixed Q2 Earnings
Ingredients, flavors, and fragrances companies reported mixed second-quarter results, with the five tracked stocks missing revenue consensus estimates by 2.4% as a group. Darling Ingredients posted revenue of $1.72 billion, up 16.4% year over year and beating expectations by 0.5%, though EBITDA missed significantly. Archer-Daniels-Midland delivered the best quarter with revenue of $22.68 billion, up 7.2% and 2.2% above estimates, while International Flavors & Fragrances was the weakest, with revenue down 29.3% to $1.95 billion and missing by 25%. Ingredion reported flat revenue of $1.85 billion, topping estimates by 0.9%, and Bunge Global grew revenue 88.3% to $24.04 billion, beating by 9.3%. Shares of the group have risen 4.9% on average since the latest earnings results.
Archer-Daniels-Midland announced that director Lei Z. Schlitz will resign from the Board following a voluntary material change in her principal employment. The resignation is effective at the end of the year and is not related to any disagreement with the company. ADM highlighted the governance aspect of the change as the Board prepares for an adjusted composition. The company states that the requested transition period through December 31, 2026 helps manage an orderly succession. Investors will watch how ADM refreshes its board in time for the 2027 annual meeting.
Archer-Daniels-Midland Beats Q2 Estimates on Strong Biofuels and Nutrition
Archer-Daniels-Midland reported second-quarter results that beat Wall Street expectations on both revenue and profit, driven by robust operational execution in biofuels, oilseed processing, and the Nutrition segment. Revenue came in at $22.68 billion versus analyst estimates of $22.19 billion, a 7.2% year-on-year increase, while adjusted EPS of $1.84 beat estimates of $1.44 by 28%. CEO Juan Luciano attributed the performance to a constructive biofuels margin environment, elevated global energy prices, and momentum in Nutrition led by Flavors and Specialty Ingredients. During the earnings call, analysts questioned management on topics including brownfield versus greenfield expansion economics, the sustainability of Ag Services strength amid trade disruptions, and the potential impact of the 45Z tax credit. The company also noted that brownfield expansions cost about one-quarter of greenfield projects, supporting higher returns on investment.
ADM Raises 2026 Earnings Outlook on Biofuels and Crushing Strength
Archer Daniels Midland raised its 2026 adjusted earnings per share outlook to $5.15-$5.60 from the prior $4.15-$4.70 after a strong first half. Second-quarter adjusted EPS of $1.84 surged 98% year over year, beating estimates by 29.6%, while revenue rose 7.1% to $22.68 billion. Ag Services & Oilseeds operating profit jumped 129% to $867 million, driven by improved crushing margins and biofuels economics, and Nutrition operating profit increased 51% to $172 million. The company is advancing debottlenecking projects at four U.S. crush facilities, expected to cost around $100 million and unlock roughly 700,000 metric tons of additional annual capacity.
Simply Wall St DCF Model Suggests Archer Daniels Midland Could Be 36% Undervalued
Archer Daniels Midland shares may be trading 36.1% below their estimated fair value according to a Simply Wall St discounted cash flow model, which pegs the intrinsic value at $121.46 versus a recent close of $77.58. This contrasts with the most-followed analyst narrative that puts fair value at $74.60, implying the stock is slightly overvalued. The DCF view hinges on ADM's ability to convert its global network and margin improvements into long-term cash flows, while the analyst narrative reflects policy-driven revenue growth and firmer margins. The company recently beat second-quarter 2026 earnings and raised its full-year outlook, supported by strength in Ag Services & Oilseeds and Nutrition.
Archer-Daniels-Midland shares fall 7.7% after oilseed crush expansion and new COO hire
Archer-Daniels-Midland shares dropped 7.7% following its late July 2026 announcement of a major North American oilseed crush capacity expansion and the appointment of Jeff Rowe as Executive Vice President and Chief Operating Officer. The company plans to add about 700,000 metric tons of annual crush capacity across four U.S. plants by 2028–2029 to meet rising renewable fuel and vegetable oil demand. Rowe, a fifth-generation farmer, will oversee commercial, manufacturing, and R&D operations. The investments reinforce ADM's biofuel strategy but do not eliminate near-term risks from uncertain U.S. biofuel policy and Renewable Volume Obligation decisions. Consensus estimates project $90.0 billion in revenue and $2.3 billion in earnings by 2029, with a fair value estimate of $74.60 per share, implying 6% downside from current levels.
Archer Daniels Midland shares closed at $80.38, down 3.37% from the prior day, trailing the S&P 500's 1.52% loss. The agribusiness giant is set to report earnings on August 4, 2026, with analysts projecting earnings of $1.27 per share, a 36.56% year-over-year increase, and revenue of $22.38 billion, up 5.71%. For the full fiscal year, the Zacks Consensus Estimates call for earnings of $4.76 per share and revenue of $84.48 billion, representing gains of 38.78% and 5.25%, respectively. The stock carries a Zacks Rank of 2, or Buy, and trades at a forward price-to-earnings ratio of 17.48, a premium to the industry average of 14.14.
Bunge raises full-year profit outlook after beating second-quarter estimates
Bunge raised its full-year adjusted profit forecast after beating Wall Street estimates for second-quarter earnings, helped by strong performances in its soybean and softseed processing businesses amid improving market conditions. The company now expects 2026 adjusted earnings of $9.25 to $9.75 per share, up from its previous forecast of $9.00 to $9.50. Net sales from soybean processing and refining were $12.07 billion, compared with $7.75 billion a year ago, while the softseed processing and refining segment reported quarterly net sales of $4.09 billion, up from $1.53 billion a year earlier. U.S. corn and soybean prices have climbed sharply since the start of the Iran war, prompting farmers to step up sales of grain they had held back from last year's harvest amid a prolonged period of weak prices, spurring sales across the Midwest to major grain handlers such as Archer-Daniels-Midland and Bunge.
Walmart launches 40,000-acre regenerative agriculture program with General Mills and ADM
Walmart, General Mills, and ADM are collaborating on a new regenerative agriculture program covering 40,000 Midwest wheat acres. The initiative targets soil health, water quality, and carbon sequestration, and is designed as a model for broader industry change across food and retail supply chains. The program ties Walmart's shelf offerings to specific environmental outcomes, linking its retail scale to farm-level practices. For investors, this signals how the retailer is managing long-term supply reliability and environmental expectations simultaneously.
Archer-Daniels-Midland Faces Revenue and EPS Declines, Analysts Pass on Stock
Archer-Daniels-Midland's stock has returned 28% over the past six months, outpacing the S&P 500 by 20.1% and reaching $86.22 per share, but analysts are passing on the stock for now. The company's revenue declined at a 7.5% annual rate over the last three years, while its gross margin averaged just 6.3% over the past two years, indicating weak pricing power and competitive pressures. Earnings per share fell even more sharply, dropping 24.7% annually over the same three-year period, as fixed costs amplified the impact of shrinking demand. With shares trading at 16 times forward earnings, the valuation is seen as fair but offering limited upside relative to potential downside, leading to a preference for other investment opportunities.
ADM Creates COO Role, Appoints Jeff Rowe, and Partners with General Mills and Walmart on Regenerative Agriculture
Archer-Daniels-Midland has created a new Executive Vice President and Chief Operating Officer role and appointed Jeff Rowe to the position, while also announcing a partnership with General Mills and Walmart to promote regenerative agriculture across 40,000 Midwest wheat acres. Rowe will oversee key operational and research and development functions across ADM. The stock, trading at $87.32, has returned 47.9% year to date and 60.2% over the past year. These moves highlight how ADM is organizing its operations and supply relationships, which may influence execution, risk profile, and positioning in agricultural and food supply chains.
Archer Daniels Midland Outperforms Consumer Staples Sector With 49.4% Year-to-Date Gain
Archer Daniels Midland has returned about 49.4% year-to-date, significantly outperforming the Consumer Staples sector's average return of 9.3%. The company holds a Zacks Rank of 2, or Buy, and its full-year earnings consensus estimate has risen 9.2% over the past quarter. Fomento Economico, another Consumer Staples stock, has returned 27.7% year-to-date and carries a Zacks Rank of 1, or Strong Buy, with its current-year EPS estimate up 35.8% in three months. Within its Agriculture - Operations industry, which has gained about 30.5% this year, Archer Daniels Midland is also outperforming, while Fomento Economico's Beverages - Soft drinks industry has moved 11.3% higher.
General Mills, ADM, Walmart Partner to Accelerate Regenerative Agriculture Across 40,000 Midwest Wheat Acres
General Mills, ADM and Walmart have announced a strategic collaboration to accelerate regenerative agriculture across 40,000 Midwest wheat acres. The program focuses on key growing regions where General Mills sources wheat from ADM for products sold through Walmart and Sam's Club, with initial projects receiving technical assistance from American Farmland Trust and Ducks Unlimited. It builds on a 2023 commitment by General Mills and Walmart to advance regenerative agriculture across 600,000 shared acres by 2030, with programs already underway on more than 560,000 wheat acres in the U.S. ADM, which manages nearly 5 million regenerative acres globally, will facilitate on-the-ground support including financial incentives for practices like no-till and cover crops. The collaboration contributes to General Mills' goal of advancing regenerative agriculture on 1 million acres by 2030, Walmart's aim to protect or restore at least 50 million acres by 2030, and ADM's efforts to empower farmers on millions of acres.
Encapsulated Essential Oils for Feed Market to Reach $1.67 Billion by 2030
The global encapsulated essential oils for feed market is projected to grow from an estimated $1.18 billion in 2026 to $1.67 billion by 2030, at a compound annual growth rate of 9.1%, according to a new report from ResearchAndMarkets.com. The report covers 16 countries and eight regions, analyzing product types including microencapsulated, nanoencapsulated, and macroencapsulated forms, with detailed subsegment breakdowns such as spray-dried microcapsules, nanoemulsions, and extruded capsules. Key companies profiled include Cargill Incorporated, Archer-Daniels-Midland Company, DSM-Firmenich AG, International Flavors & Fragrances Inc., and Symrise AG. The study highlights drivers such as the shift toward antibiotic-free livestock production, adoption of natural feed additives for gut health, and demand for controlled-release encapsulation technologies. Expanded geographic coverage includes Taiwan and Southeast Asia, reflecting ongoing manufacturing shifts and supply chain realignments.
Philip Morris Touted as Top Consumer Staple Pick, MGP Ingredients and ADM Flagged as Sells
StockStory highlights Philip Morris as a resilient consumer staple stock with exciting potential, citing its premium pricing power, 66.5% gross margin, and strong free cash flow. The firm recommends avoiding MGP Ingredients, which has seen annual revenue declines of 12.9% and a 17.4% annual drop in earnings per share over three years, and Archer-Daniels-Midland, whose sales have fallen 7.5% annually amid a commoditized gross margin of 6.3%. Philip Morris trades at 21.9 times forward earnings, while MGP Ingredients and ADM trade at 9 times and 15.1 times, respectively.
International Flavors & Fragrances beats Q1 estimates, stock jumps 18.4%
International Flavors & Fragrances reported first-quarter revenues of $2.74 billion, down 3.6% year on year but exceeding analysts' expectations by 3.9%, with strong beats on EBITDA and organic revenue estimates. Among the five ingredients, flavors and fragrances stocks tracked, the group's revenues were in line with consensus, though share prices have fallen 3.3% on average since reporting. Bunge Global posted the fastest revenue growth at $21.86 billion, up 87.8% year on year, but missed revenue estimates by 3.1% and its stock fell 15.7%. Ingredion's revenues of $1.79 billion, down 1.2%, were in line with expectations, but it significantly missed EBITDA and gross margin estimates, sending shares down 8.7%. Archer-Daniels-Midland reported $20.49 billion in revenues, up 1.6%, missing estimates by 1.2% with misses on gross margin and EBITDA, leaving its stock flat. Darling Ingredients' revenues rose 12.3% to $1.55 billion, in line with expectations, but a significant miss on adjusted operating income pushed shares down 10%.
ADM Ag Services Operating Profit Jumps 26% on Strong Exports
Archer Daniels Midland's Ag Services operating profit rose 26% year over year to $200 million in the first quarter of 2026, driven by higher soybean and sorghum shipments to China and a robust U.S. corn export program. Management noted the prior-year quarter was weighed down by export duties, making the improvement more notable. The company raised its full-year adjusted EPS guidance, assuming China will resume more normalized soybean purchasing and citing a more constructive biofuels environment. ADM acknowledged risks from global trade policies and tariffs but believes its diversified origination and logistics network positions it to adapt to shifting trade flows.
TD SYNNEX Named Top Value Pick While PROG and ADM Are Flagged as Stocks to Avoid
StockStory identifies TD SYNNEX as a value stock with impressive fundamentals, while recommending investors avoid PROG Holdings and Archer-Daniels-Midland. TD SYNNEX, trading at 14.1 times forward earnings, has posted 25.7% annual revenue growth over five years and 20.9% annual earnings per share growth over two years, supported by share buybacks. PROG Holdings, at 9.9 times forward earnings, has seen flat sales over five years and a 62.4% annual decline in tangible book value per share. Archer-Daniels-Midland, at 14.5 times forward earnings, has experienced a 7.5% annual sales decline over three years and falling earnings per share.
ADM to Invest US$103 Million in Decatur Processing Complex Modernization
Archer-Daniels-Midland will invest US$103 million to modernize its corn and soybean processing complex in Decatur, Illinois, creating 50 new full-time jobs and retaining more than 1,000 existing roles. The upgrade targets one of the world's largest integrated agricultural processing hubs and reflects ADM's push toward more advanced, technology-driven production. The investment is incremental against the company's roughly US$80 billion revenue base but underscores a focus on upgrading core assets for more efficient operations.
Zacks Names Jones Lang LaSalle, Archer-Daniels-Midland, and Amerant Bancorp as Top Value Buys
Zacks Investment Research highlighted three stocks with strong value characteristics and a Zacks Rank #1, or Strong Buy, as of June 25. Jones Lang LaSalle, a real estate and investment management firm, carries a price-to-earnings ratio of 13.11 versus an industry average of 19.50 and a Value Score of A, with its current-year earnings estimate rising 4.8% over the past 60 days. Agricultural commodities and ingredients company Archer-Daniels-Midland has a P/E of 16.72 compared with 22.64 for the S&P 500 and a Value Score of A, while its next-year earnings estimate increased 5.1% over the same period. Amerant Bancorp, the holding company for Amerant Bank, trades at a P/E of 13.56 against the S&P 500's 22.64 and holds a Value Score of B, with its next-year earnings estimate up 4.9% over the last 60 days.
Trump administration asks Congress to allow year-round E15 gasoline sales
The Trump administration formally asked Congress on Wednesday to pass legislation allowing year-round sales of gasoline blended with 15% ethanol, marking the first formal push by the White House to enact the policy. The request came in a supplemental bill released by the Office of Management and Budget, which called the measure an urgent and needed fix that codifies the permanent, year-round sale of E15. Supporters argue the higher-ethanol blend offers motorists a cheaper alternative to conventional gasoline, while U.S. refiners warn it could raise costs and complicate fuel distribution. Legislation allowing year-round E15 sales narrowly passed the House last month but faces long odds in the Senate, where major bills typically need 60 votes. The national average for regular gasoline stood at $3.93 per gallon as of Wednesday morning.
StockStory highlights Intuitive Surgical as S&P 500 outperformer, flags Cincinnati Financial and Archer-Daniels-Midland as underwhelming
StockStory identifies Intuitive Surgical as one S&P 500 stock positioned to outperform, while naming Cincinnati Financial and Archer-Daniels-Midland as two that could be in trouble. Intuitive Surgical, with a market cap of $146.2 billion, has seen 20.2% annual revenue growth over the last two years and annual earnings per share growth of 21.3% over five years, supported by share repurchases and strong free cash flow. Cincinnati Financial, valued at $26.03 billion, has experienced a 26.9 percentage point decline in pre-tax profit margin over five years and below-average book value per share growth of 12.1% over two years, with estimated growth of 5.8% for the next 12 months. Archer-Daniels-Midland, with a $38.03 billion market cap, has suffered 7.5% annual sales declines over three years, a gross margin of just 6.3%, and a 24.7% annual drop in earnings per share over the same period.
Archer Daniels Midland's Innovation and Cost Discipline Drive Growth
Archer Daniels Midland Company is leveraging strategic moves and cost-saving efforts to support growth by improving efficiency and focusing on higher-return businesses. The company is on track for $500 to $750 million in cost savings over three to five years through reducing manufacturing and transaction costs, improving throughput, and expanding automation and AI. In the first quarter of 2026, its Nutrition segment operating profit rose 42% year over year to $135 million, driven by Human Nutrition's 39% increase to $104 million on higher Flavors sales and better plant utilization. Management expects year-over-year growth in Nutrition to remain intact in 2026. ADM shares have gained 29.8% in the past six months, and the Zacks Consensus Estimate for 2026 earnings per share indicates year-over-year growth of 32.4%.