Engages in the processing of oilseeds, corn, wheat, cocoa, and other agricultural commodities
Archer-Daniels-Midland Co. engages in the processing of oilseeds, corn, wheat, cocoa, and other agricultural commodities.
The company operates through four 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, like cottonseed, sunflower seed, canola, rapeseed, and flaxseed into vegetable oils and protein meals.
The Corn Processing segment is engaged in corn wet milling and dry milling activities and also converts corn into sweeteners, starches and bioproducts.
The Wild Flavors and Specialty Ingredients segment engages in the manufacturing, sales, and distribution of specialty products including natural flavor ingredients, flavor systems, natural colors, proteins, emulsifiers, soluble fiber, polyols, hydrocolloids, natural health and nutrition products, and other specialty food and feed ingredients.
The Agricultural Services segment utilizes its extensive U.S. grain elevator and global transportation network to buy, store, clean, and transport agricultural commodities, such as oilseeds, corn, wheat, milo, oats, rice and barley, and resells these commodities primarily as food and feed ingredients and as raw materials for the agricultural processing industry.
Archer-Daniels-Midland was founded in 1923 and is headquartered in Chicago, IL.