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Archer Daniels Midland Company (ADM) investor relations material

Archer Daniels Midland Company Goldman Sachs Industrials and Materials Conference 2025 summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Goldman Sachs Industrials and Materials Conference 2025 summary3 Dec, 2025

2025 performance and strategic progress

  • Navigated a challenging and dynamic environment by focusing on controllable factors and operational flexibility.

  • Achieved strong results in Ag Services and Oilseeds, with growth driven by U.S. corn and milo exports and improved manufacturing efficiency.

  • Maintained robust cash flow through inventory reduction and cost discipline, supporting both shareholder returns and growth investments.

  • Advanced decarbonization with a second ethanol plant connected to carbon capture and sequestration infrastructure.

  • Nutrition business saw record flavor revenues and continued animal nutrition improvement, including a new joint venture with Alltech.

Policy, trade, and market environment

  • Uncertainty around biofuels policy and RVOs persisted, impacting crush margins and market expectations.

  • Chinese trade deal brought renewed export activity, with expectations for normalized trade in 2026.

  • Administration maintains dialogue with industry to avoid unintended policy consequences, balancing multiple priorities.

  • Anticipates final RVO decisions in early 2026, likely leading to margin uplift in biofuels and increased demand for soybean oil.

  • Ongoing debate over tariffs on imported feedstocks, with policy aiming to favor domestic production.

Portfolio optimization and cost initiatives

  • Continued portfolio optimization by shutting down high-cost facilities and restarting efficient plants.

  • Cost reduction program on track, targeting $500M–$750M in savings over 3–5 years through simplification and manufacturing improvements.

  • Focused on organic growth and targeted M&A, especially in emerging markets for nutrition.

What specific market reactions will RVO clarity trigger?
How will 2025 portfolio optimization impact 2026?
What M&A focus for Nutrition in emerging markets?
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Next Archer Daniels Midland Company earnings date

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Q4 202527 Jan, 2026
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Frequently asked questions

Food Processing Giants

Archer-Daniels-Midland Co, more often than not referred to simply as ADM is an American multinational company focusing on food processing as well as trading of commodities. The company operates hundreds of plants and facilities worldwide, in which ADM processes grains and seeds into finished products that are used in food & beverages, industry, animal feed, and more. The company’s headquarters are located in Chicago, and its shares trade on the NYSE.

Over 100 Years in Business

Founded in 1902 in Minneapolis, Minnesota, Archer-Daniels-Midland initially operated as a linseed crushing business. As it progressively evolved, the company delved into the processing of various agricultural commodities, expanding its reach and influence in the agricultural sector. In the mid-20th century, ADM significantly diversified its offerings to include oilseeds, corn, and wheat, continuously expanding and diversifying, something that eventually led the company to become one of the leaders in its field. that saw it become a global leader in its field. The company began establishing its presence internationally, responding to the growing demand for agricultural products and food ingredients worldwide.

Food Processing Experts

plays a significant role in the global food processing industry, dealing with a wide range of agricultural commodities. Among its main activities is oilseed processing, where soybeans, canola, cottonseed, sunflower seeds, and other oilseeds are transformed into various oils and meals suitable for human and animal consumption. Corn processing is another primary operation of ADM, through which they produce products like high fructose corn syrup, dextrose, and ethanol. The company's wheat milling processes result in flour and other wheat-derived ingredients. Additionally, ADM produces specialty ingredients, encompassing proteins, emulsifiers, and certain health and nutrition products like fibers. When looking at the company’s peers, we find names such as Bunge and Ingredion.

Commodities Trading

ADM is not just known for its food processing capabilities but also as a significant player in commodities trading. With its extensive global footprint, ADM's trading operations span multiple commodities, including grains, oilseeds, and more. Their vast network of assets, such as storage facilities, transport systems, and processing plants, supports their trading activities. ADM acts as an intermediary, buying crops from farmers and selling them to end-users while managing the associated price risks through hedging strategies.

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