Company and Industry Overview * **Company**: Archer-Daniels-Midland Company (ADM) [1] * **Industry**: Consumer Staples, Agriculture, Oilseeds, Nutrition [1] Key Points and Arguments * **Commodity Markets and Global Environment**: ADM acknowledges the challenging conditions in commodity markets, particularly for grains and processing, due to ample supplies from South America and a contraction in commodity prices [4]. * **Productivity and Innovation**: ADM has initiated a program of productivity and innovation to offset the decline in commodity prices, resulting in increased volumes and lower costs in 2024 [5]. * **Nutrition Division Improvement**: The Nutrition division has shown sequential improvement in Q1 and Q2, with potential for significant sequential improvements in the next two quarters [6]. * **Capital Allocation**: ADM maintains strong cash flows and a healthy balance sheet, allowing for flexibility in capital allocation. The company has repurchased shares, increased dividends, and identified opportunities for automation, decarbonization, and Nutrition growth [7]. * **Market Landscape and Outlook**: ADM expects a strong fourth quarter and a good second half of 2024, driven by improved crush margins, ethanol margins, and demand for soybean meal [18]. * **Cost Reductions**: ADM has achieved cost savings of $125 million in the first half of 2024, with a target of $500 million in cost savings over two years [24]. * **Ag Services and Oilseeds**: ADM sees opportunities in the global Ag Services and Oilseeds market, driven by increasing protein consumption and mandates for renewable fuels [31]. * **Carb Solutions**: Carb Solutions has outperformed expectations, with a focus on reducing exposure to vehicle ethanol and increasing demand for corn for fermentation, sustainable packaging, mining, paper, and other applications [38]. * **Nutrition**: The Nutrition division is recovering from a challenging 2023, with growth in Human Nutrition and Animal Nutrition, particularly in probiotics and biotics [42]. * **Decatur Plant**: The Decatur plant is expected to come online in late 2024, with a significant impact on 2025 earnings [50]. * **Capital Allocation Priorities**: ADM continues to prioritize share buybacks, dividends, and capital allocation for innovation and portfolio management [52]. Additional Important Content * **Monish Patolawala's Background**: Monish Patolawala joined ADM as EVP and CFO in August 2024, bringing experience in operating rigor and smart capital allocation from his previous role at 3M [9]. * **Insurance Proceeds**: ADM is working on obtaining insurance proceeds from the fires in Decatur, with an expected impact on the fourth quarter and beyond [20]. * **Renewable Diesel**: ADM expects short-term volatility in renewable diesel markets due to changes in the Renewable Diesel Tax Credit [36]. * **Sustainable Aviation Fuels (SAF)**: ADM is exploring opportunities to convert ethanol into SAF, leveraging its low carbon intensity ethanol and carbon capture and sequestration capabilities [40]. * **Portfolio Management**: ADM is reviewing its portfolio for potential divestitures or joint ventures to create more value for shareholders [53].

Royal Bank of Canada, Cisco Systems, and Archer-Daniels-Midland offer attractive yields and strong growth potential in a changing interest rate environment.High-yield dividend stocks are catching the eye of savvy investors. With Federal Reserve Chairman Jerome Powell strongly hinting that interest rate cuts will begin shortly, these income-generating powerhouses could be on the verge of a significant rally. Historically, when benchmark interest rates fall and bond yields follow suit, many fund managers shif ...

Archer Daniels Midland Company (ADM) is actively managing productivity and innovation, as well as aligning work to the interconnected trends in food security, health and wellbeing. In the latest development, the company, in collaboration with Farmers Business Network (“FBN”), launched a joint venture, Gradable, to accelerate technology solutions. This will allow farmers and buyers to pursue and boost value from grain produced via sustainable and regenerative practices. Introduced in 2020, the Gradable techn ...

Both stocks have fallen hard and have historically high yields.It can be hard to find a good dividend stock when the broader market's yield is a miserly 1.3%. But you can do it if you are willing to look hard enough. One good place to start is with stocks that are underperforming, such as Archer-Daniels Midland (ADM 0.39%) and UPS (UPS 0.86%). Both have historically high yields today.Archer-Daniels Midland is getting back to normalArcher-Daniels Midland, usually just referred to by its ticker ADM, has a div ...

wellesenterprises Introduction On July 24, I wrote an article on "3 Fantastic Dividend Growth Stocks You Need To Know." In the intro of that article, I included a part of Hendrik Bessembinder's latest scientific article, which showed that the positive stock market return in the past was driven by the minority of stocks, as the majority had negative cumulative returns. This report describes compound return outcomes for the 29,078 publicly-listed common stocks contained in the CRSP database from December ...

smrm1977 Foreword As a supplement to this article, please note that The Motley Fool, which sourced this latest list, and SureDividend both update their lists periodically. While most of this August collection of 53 Kings are too pricey to justify their skinny dividends, six of the top ten, by yield, and one more outside those ten, live up to the ideal. That is, they offer annual dividends (from a $1K investment) exceeding their single share prices. This month there are nine more to watch. Note that two ...

Cohen/Ostrow/DigitalVision via Getty Images Foreword As a supplement to this article, please note that Kiplinger has published an on-line slide-show detailing the latest 2024 S&P Dividend Aristocrats. The article, entitled The S&P 500 Dividend Aristocrats, is by Dan Burrows, a contributing editor. S&P Dow Jones Indices rebalances the S&P 500 Dividend Aristocrats every January, the Aristocratic population now stands at 67. There were two changes to the Dividend Aristocrats announced in January 2024. Walgree ...

Archer Daniels Midland Company (ADM) posted second-quarter 2024 results, wherein the bottom and top lines missed the Zacks Consensus Estimate. Both metrics declined year over year.Adjusted earnings of $1.03 per share missed the Zacks Consensus Estimate of $1.23. Also, the figure declined 46% from earnings of $1.89 per share in the year-ago quarter. On a reported basis, Archer Daniels’ earnings were 98 cents per share, down 42.4% from the year-ago quarter’s $1.70.Revenues fell 9.5% year over year to $22.2 bi ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission file number 1-44 ARCHER-DANIELS-MIDLAND COMPANY (Exact name of registrant as specified in its charter) Delaware 41-0129150 (State or ...

Archer-Daniels-Midland Company (NYSE:ADM) Q2 2024 Earnings Conference Call July 30, 2024 9:00 AM ET Company Participants Megan Britt - Vice President of Investor Relations Juan Luciano - Chairman, CEO & President Ismael Roig - Senior VP & Interim CFO Conference Call Participants Andrew Strelzik - BMO Tom Palmer - Citi Heather Jones - Heather Jones Research Adam Samuelson - Goldman Sachs Ben Theurer - Barclays Manav Gupta - UBS Salvator Tiano - Bank of America Dushyant Ailani - Jefferies Steven Haynes - Morg ...