Farms.com Home   Ag Industry News

ADM Quarter Profits Fall, Reporting Tight Crop Supplies

ADM Quarter Profits Fall, Reporting Tight Crop Supplies

By Amanda Brodhagen, Farms.com

Archer Daniels Midland Co. (ADM) reported that its quarterly earnings fell 21 percent, due to tightened crop supplies in the United States.

The company reported net earnings of $223-million, or 34 cents a share for its second quarter. The same quarter a year ago, ADM reported $284-million, or 43 cents a share. The company back in May suggested that its second quarter may be difficult because of tight crop supplies.

“The team managed well through this period, as tight U.S. crop suppliesreduced volumes,” said ADM Chairman and CEO Patricia Woertz. “Also, corn results improved amid volatile ethanol industry conditions.

ADM's second quarter report can be viewed by clicking here.
 


Trending Video

Decoding Pig Performance With AI And Transcriptomics - Dr. Maria Walsh

Video: Decoding Pig Performance With AI And Transcriptomics - Dr. Maria Walsh

The Swine it Podcast Show, Dr. Maria Walsh, Chief Operating Officer at Biofractal, explains how transcriptomics and AI are helping swine producers better understand the gap between genetic potential and commercial performance. Dr. Walsh discusses metabolic efficiency, disease resilience, PRRS challenges, and practical on-farm biological insights using blood samples and AI-powered analysis. She also explains how nutrition, health, and production data can work together to improve decision-making. Listen now on all major platforms!

"Gene expression data provides biological insight into how pigs respond to nutrition, stress, and health challenges before visible production losses occur."