| Archer-Daniels-Midland Co. | (NY: ADM) |
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May 22, 2013
Archer Daniels Midland Company (NYSE: ADM) is one of the largest processors of oilseeds, corn, wheat and cocoa in the world, posting revenues of $62.9 billion.[1]It processes crops and makes them into food and Biofuels.
Because ADM sells crops, anything that increases demand for crops without damaging the supply tends to help the company. Some examples include increasing world population, consumption of meat, and the production of Biofuels and other crop based products (soy-based foam etc). The OECD-FAO Agricultural Outlook 2009-2018 predicts that crop demand will increase substantially in the next decade, even surpassing 2008 highs. [2] Much of the demand will be driven by emerging economies, especially China, which are already accounting for much of Archer-Daniels-Midland (ADM)'s growth (especially in the soy-bean sector).
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