Insights and Stories on Archer Daniels Midland

ADM closing soybean processing plant in Kershaw, South Carolina

Apr. 22, 2025 at 9:34 am CDT

Grains merchant Archer-Daniels-Midland will permanently close its soybean processing plant in Kershaw, South Carolina, later this spring as part of a cost-cutting and consolidation push announced earlier this year.

ADM halting domestic trading in China, cutting jobs in Shanghai

Apr. 14, 2025 at 4:41 pm CDT

By Ella Cao Karl Plume Reuters

ADM cuts jobs in grain trading division, sources say

Mar. 26, 2025 at 10:47 am CDT

By Ana Mano Chris Prentice Reuters

ADM shareholder presses CEO to resign as criminal probe continues

Dec. 30, 2024 at 6:03 pm CST

By P.J. Huffstutter Reuters

ADM posts drop in Q3 earnings in delayed report, revises segment core profit

Nov. 18, 2024 at 4:55 pm CST

By Reuters

Grains merchant ADM slides on fresh accounting errors, profit forecast cut

Nov. 5, 2024 at 10:49 am CST

Archer-Daniels-Midland shares fell eight per cent premarket on Tuesday after the global grains merchant cut its adjusted annual profit forecast and said it would amend its previous financial statements after finding fresh accounting irregularities.

By Mrinalika Roy Reuters Sourasis Bose

ADM accused of misconduct, lack of safety inspections after explosion hurt US worker

Oct. 17, 2024 at 4:38 pm CDT

Archer-Daniels-Midland Co intentionally failed to test and maintain safety systems on its grain equipment for years, which contributed to an explosion that immolated a U.S. worker and put him in a coma last year, according to a lawsuit filed against the company.

By P.J. Huffstutter Reuters

ADM says its head of global supply leaving company

Jun. 4, 2024 at 4:58 pm CDT

Camille Batiste, Archer-Daniels-Midland's senior vice president of global supply chain and procurement and a member of its executive council, is leaving the company next month, according to an internal email seen by Reuters on Tuesday and later confirmed by ADM.

By Reuters

ADM CFO to resign as company faces US government investigation

Apr. 22, 2024 at 5:36 pm CDT

Grain trader Archer-Daniels-Midland said on Monday that Chief Financial Officer Vikram Luthar will resign from his role effective Sept. 30.

By Ana Mano Karl Plume Reuters

ADM announces plan to address accounting issues, posts earnings miss

Mar. 12, 2024 at 10:23 am CDT

Global grains merchant Archer-Daniels-Midland announced a plan to fix accounting issues that caused it to correct certain transactions in six years of financial results on Tuesday, though it warned the plan would take time to implement.

By Karl Plume Reuters Sourasis Bose

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