Despite strong returns for feed ingredients, corn and agricultural service segments, Archer Daniels Midland Company (ADM) saw a decline in segment operating profit for the last quarter of 2017.
Grain movement work for ADM faced a mixed week with the completion of facility enhancements in Brazil being tempered by the halt of operations at an ADM grain elevator facility in Louisiana.
ADM said it has almost doubled sunflower seed crushing capacity at its reopened Ukraine oilseeds processing facility to meet feed and food manufacturing sectors demand for meal and oil.
Archer Daniels Midland Company (ADM) and Quality Liquid Feeds (QLF) are forming a joint venture in the US to provide liquid feed supplements for certain states and to build on buoyancy in the segment.
Archer Daniels Midland (ADM) has seen its net profit increase by 15 percent during fiscal 2010, driven by stronger demand and improved margins, particularly in oilseeds and corn processing.
Archer Daniels Midland has signed an agreement to acquire a rapeseed crushing plant in southern Germany – its first in Central and Eastern Europe region.