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ADM saw its net profits drop by US$537m to $540m in the six-month periodUS: ADM "optimistic" despite H1 profits drop

31 January 2012

US agribusiness giant Archer Daniels Midland (ADM) said it remains optimistic about the long-term fundamentals of its business, despite booking a drop in first-half and second-quarter profits today (31 January).

Quote unquote: just-food's week in words

13 January 2012

Major UK retailers reported a bit of a mixed Christmas, with Tesco's shares sliding following a trading announcement, while Sainsbury's claimed a "record-breaking" festive period. The fortunes of US baker Hostess Brands are more clear cut. The company this week entered Chapter 11 bankruptcy protection for a second time.

Editor's choice: highlights on just-food this week

13 January 2012

The performance of the UK food retail sector over Christmas came under scrutiny this week and there were some clear winners and losers. Elsewhere, the M&A rumour mill continued to turn, with German yoghurt giant Müller in talks to buy UK milk supplier Robert Wiseman Dairies. In the US, baker Hostess Brands applied for Chapter 11 protection for a second time, Cargill reported its worst quarter in a decade and Archer Daniels Midland announced a swathe of job cuts. On just-food's insight pages, we looked at Bi-Lo's plan to buy fellow UK retailer Winn-Dixie and at the importance of price optimisation.

US: ADM cost-cutting drive leads to job losses

12 January 2012

Archer Daniels Midland has followed its fellow US agribusiness giant Cargill and announced a swathe of job cuts to drive down costs.

Sustainability Watch – Child labour in cocoa production

14 December 2011

Nestle's plan to partner with the Fair Labor Association in investigating the use of child labour in its cocoa supply chain could raise the bar in terms of corporate accountability regarding this long-running problem. Ben Cooper reports.

Logistics - the role of the logistics service provider

30 November 2011

Logistics companies, far from being simple hauliers, have adapted to meet the increasingly complicated and specialised needs of customers in the food manufacture and retail spheres, such as tracking and traceability and flexible volumes. In the second part of his feature on logistics, Stuart Todd gains insight from major logistics providers about this fascinating industry.

US: Sugar firms file fresh action over HFCS marketing

23 November 2011

A coalition of US sugar processors and refiners have filed fresh legal action against member companies of the Corn Refiners Association (CRA) over "deceptive marketing" of high fructose corn syrup (HFCS).

US: ADM shares fall after mixed Q1 results

1 November 2011

Shares in US agribusiness giant Archer Daniels Midland fell today (1 November) despite the company reporting higher net earnings in the first quarter of its financial year.

UK: Positive update sweetens Tate & Lyle shares

29 September 2011

Shares in Tate & Lyle climbed today (29 September) after the UK food ingredients maker forecast a year of "profitable growth".

US: ADM makes senior appointments in South America

14 September 2011

Agribusiness group Archer Daniels Midland has made two senior appointments within its South American business.

US/INDIA: ADM buys two oilseed facilities

6 September 2011

US agribusiness giant Archer Daniels Midland has snapped up two oilseed processing plants in India.

US: Jobs in the balance as ADM closes doors at Galesburg

23 August 2011

A total of 31 jobs are under threat following Archer Daniels Midland's decision to close its soybean processing plant in Illinois.

POLAND: ADM to acquire rapeseed processor Elstar Oils

15 August 2011

US agribusiness giant Archer Daniels Midland (ADM) is to purchase Polish rapeseed processing firm Elstar Oils.

US: ADM announces executive appointments

12 August 2011

US agribusiness giant Archer Daniels Midland has made three senior appointments across the company.

US: ADM full-year earnings rise

3 August 2011

Agribusiness group Archer Daniels Midland has recorded an increase in full-year profits, despite net earnings falling during the fourth quarter on the back of higher tax costs.

US: ADM Q3 net earnings up 37%

3 May 2011

Agribusiness group Archer Daniels Midland announced today (3 May) that its third-quarter net earnings rose by more than a third, on the back of increases "across all business units".

US: ADM names Luciano COO

22 March 2011

Agribusiness group Archer Daniels Midland announced yesterday (21 My) that its has appointed Dow Chemical executive Juan Luciano as executive vice president and chief operating officer.

FRANCE: Auchan hails performance in France, Russia and China

9 March 2011

Auchan has attributed an increase in full-year sales and earnings to its "firm" performance in France, Russia and China.

just-food research round-up

2 March 2011

The latest batch of reports from the just-food research store includes analysis of the spices and seasonings market, international health trends in food and drinks, and the outlook for the soup industry.

US: Grain exports, corn processing boost ADM Q2 profits

1 February 2011

US agribusiness giant Archer Daniels Midland has posted a jump in second-quarter profits on the back of higher grain exports and improved corn-processing volumes.

NETHERLANDS: Explosion at ADM cocoa site

20 January 2011

An explosion has hit an Archer Daniels Midland cocoa processing site in the Netherlands.

US: ADM gains full control of US peanut firm Golden Peanut

5 January 2011

Archer Daniels Midland (ADM) has gained full control of the largest processor and exporter of peanuts in the US, Golden Peanut Co.

The just-food interview - John Bason, Associated British Foods

22 November 2010

Investor and media attention may often focus on growing fashion retail chain Primark but owner Associated British Foods has an extensive grocery business in markets like the UK, the US and Australia. In this month's just-food interview, Dean Best spoke to ABF finance director John Bason about the recent changes within the group's grocery division, its performance and the prospect of having to face rising commodity costs.

US: Sales rise but inventory costs hit ADM profits

2 November 2010

US agribusiness giant Archer Daniels Midland today (2 November) posted an almost 13% rise in first-quarter revenues but admitted inventory charges had weighed on its bottom line.

US: ADM hires General Motors exec as CFO

29 October 2010

Archer Daniels Midland has named General Motors executive Ray Young as CFO as part of a management reshuffle at the agribusiness giant.

The just-food management briefing - how to green your supply chain - part II

25 October 2010

The development of company policy on sustainability not only needs to include suppliers but also the wider NGO sphere - from government and unions and from farming groups to aid charities. Here the briefing discusses examples of established bodies that incorporate broader stakeholder involvement.

Hershey guilty of poor judgment at the very least

24 September 2010

Stinging criticism that Hershey has not done enough to address child and forced labour in its supply chain has come as a new framework of multi-partite action offers genuine hope of progress in tackling the issue. But, Ben Cooper writes, while chocolate companies are increasingly active in tackling the problem their reticence to speak publicly about the issue for fear of admitting culpability often hampers the communication of that positive message.

INDONESIA: Olam eyes Indonesia for growth

21 September 2010

Singapore-based agribusiness group Olam International has confirmed that Indonesia is a country that it will consider for future expansion.

EUROPE: ADM expands European commercial team

21 September 2010

US-based agribusiness giant Archer Daniels Midland (ADM) has made a number of technical and commercial appointments in Europe.

FRANCE: Emerging market growth boosts Auchan H1

1 September 2010

Expansion in emerging countries has boosted first-half profits for French retail giant Auchan.

Related research

ADM in Ingredients (World)

ADM is a global force in the market for ingredients derived from agricultural sources. Its business is centred around products derived from oilseeds, corn, cocoa and wheat and includes both commodity-style basics as well as added-value, more highly processed ingredients. This profile assesses the company’s recent performance and activities and highlights the ingredient categories and regional markets that offer best growth prospects in the coming years.

Company Financials Archer Daniels Midland Company

The Company Financials offers insights into the financial performance of the company over last five years for about 1000 leading global companies. The datapack covers wealth of financial information relating to income statement, balance sheet, and cash flow statements.

Cereal Crops in Brazil

Cereal Crops in Brazil industry profile provides top-line qualitative and quantitative summary information including: market size (value and volume 2006-10, and forecast to 2015). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Brazil cereal crops market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.

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