ADM optimistic despite mixed bag of results

Bookmark
ADM optimistic despite mixed bag of results
August 06, 2008
Source
Foodnavigator USA
Floods and market conditions have not made for an easy year at Archer Daniels Midland, but a 61 per cent slump in Q4 profits is not as grave as it seems since last years figures were propped up by one-off costs.

Patricia Woertz, ADM chairman and CEO described it as an excellent year, given an “exceptional set of global opportunities”, which also saw flooding in the Midwest shut down an ADM plant.

Like to receive news like this by email? Join and Subscribe!
Join Our Telegram Channel for regular updates!

Related Topics:

Ingredients
Sponsored Content
NanoNord - Leaderboard - 20240924

Highlighted Company

  • Archer Daniels Midland Company (ADM)

    Archer Daniels Midland Company (ADM) is a manufacturer of frying oils, various ingredients. ADM frying oil brand names include Superb (Canola), Golden Chef (Soybean) and Superb Select Power Sun (Sunflower)

Related News

Higher quotations across a range of commodities push the FAO Food Price Index to its highest level in 18 months
November 09, 2024

Higher quotations across a range of commodities push the FAO Food Price Index to its highest level in 18 months

The FAO Food Price Index (FFPI) averaged 127.4 points in October 2024, up 2 percent from its revised September level and the highest since April 2023. Price quotations for all commodities in the index, except meat, rose, with vegetable oils recording the largest increase at 7.3 percent.
Italy
Bookmark
Higher quotations across the board push the FAO Food Price Index up in September
October 05, 2024

Higher quotations across the board push the FAO Food Price Index up in September

The FAO Food Price Index (FFPI) stood at 124.4 points in September 2024, up 3 percent from August and marking the largest month-on-month increase since March 2022
Italy
Bookmark
The new Duynie logo
September 30, 2024

One Duynie brand exceeds the sum of its parts

As of October 1, 2024 there will be one Duynie brand. To further support the company's co-product partners and customers in achieving ambitious sustainability goals, this unified brand exceeds the sum of its parts.
Netherlands
Bookmark
Sponsored Content

Latest News

Introducing the Next Generation of Dutch Tec Source BV Screw Blanchers: Unmatched Reliability, Lower Maintenance Costs and Less Product Breakage

Improved DTS Screw Blanchers: Unmatched Reliability, Lower Maintenance Costs and Less Product Breakage

Cavendish- and McCain-branded potato products in a Vancouver grocery store. Two U.S. class actions allege price-fixing by four leading potato companies.

Alleged 'potato cartel' accused of conspiring to raise price of frozen French fries, tater tots across the United States

AHDB and GB Potatoes agree on use of residual potato levy reserves to fund seven industry projects

TNA intelli-assist Digital twin of the tna mogul

TNA’s industrial XR solution makes Industry 5.0 a reality for food manufacturers

More Potato News
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content

Where

United States
United States
United States
Sponsored Content