Engages in the processing of oilseeds, corn, wheat, cocoa, and other agricultural commodities
Archer-Daniels-Midland Co. processes oilseeds, corn, wheat, cocoa, and other agricultural commodities.
The company operates through the following segments: Oilseeds Processing; Corn Processing; Wild Flavors and Specialty Ingredients; and Agricultural Services.
The Oilseeds Processing segment includes activities related to the origination, merchandising, crushing, and further processing of oilseeds such as soybeans and soft seeds, such as cottonseed, sunflower seed, canola, rapeseed, and flaxseed into vegetable oils and protein meals.
The Corn Processing segment engages in corn wet milling and dry milling activities; and also converts corn into sweeteners, starches, and bioproducts.
The Wild Flavors and Specialty Ingredients segment manufactures, sells, and distributes specialty products including natural flavor ingredients, flavor systems, natural colors, proteins, emulsifiers, soluble fiber, polyols, hydrocolloids, natural health and nutrition products, other specialty food, and feed ingredients.
The Agricultural Services segment utilizes its extensive United States grain elevator and global transportation network to buy, store, clean, and transport agricultural commodities, such as oilseeds, corn, wheat, milo, oats, rice and barley.
It resells these commodities primarily as food and feed ingredients and as raw materials for the agricultural processing industry.
The company was founded in 1923 and is headquartered in Chicago, IL.