Archer Daniels Midland - food industry company news 
US: 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.
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