How do crops get from the field to your dinner table? Archer Daniels, that's how. Based in Decatur, Illinois, the massive company processes crops to make into different ingredients, animal feed, and renewable fuels.
this company is awesome and i trust in it to make me more (virtual) money.
I trust this company. I am from a small farm community and work for farmers throughout the summer. On my way to work I always catch the market price on the radio.
Although there is a good chance that Obama's cabinet members are going to push congress to let some of the farming acts pass by from the big farming companies and pass some helpful ones for smaller farming communities, the service that ADM provides can not be denied. Supermarket to the World indeed. Plus my grandfather is second or third cousin to the Daniels mentioned in the name of the company. In real life, a pretty good company, that pays out a decent dividend.
winterswift thinks if Archer Daniels Midland Co were a catch phrase, it would be Whachoo talkin' bout, Willis?.
jgromaire thinks if Archer Daniels Midland Co were a 2008 blockbuster, it would be Sex and the City.
mtjack1 thinks if Archer Daniels Midland Co were a music channel, it would be MTV.
By: Erica Feldkamp, WeSeed Writer Chocolate. People can't get enough of it, especially this Hollywood starlet! Angelina has been gorging on chocolate bars since the beginning of her pregnancy. Thank God that belly isn't all chocolate - at least in her case. (And for those of you not in the loop, she and Brad are having TWINS!) Ang isn't the only one chewing on chocolate though. According to Mintel's U.S. Premium Chocolate Confectionery report, choco-holics are chomping down cacao like there's no tomorrow. And who's likely to profit? You might think it's the Hershey's, Cadbury, and the Mars of the world, but think BIGGER. While there are only a handful of confectioners that dominate the business like Hershey's, there are thousands of little chocolatiers - Scharffen Berger, Ghirardelli, and Vosges - producing premium chocolates and competing with the giants for market share. Chocolate makers, however, don't have this problem; only three makers provide 99.99 percent of the raw chocolate to the world-- Archer Daniels Midland Company (ADM), Barry Callebaut, and Cargill. Of the three, Barry is the only one to focus on primarily on premium chocolate. ADM and Cargill are significantly more diversified companies that also peddle grain products, dairy, and bio-fuels and produce a range of average to premium quality chocolate. Since consumers' palates are preferring premium, I wouldn't be surprised if ADM or Cargill begin to nibble away at Barry's $4 billion revenue by upgrading their own cacao lines or by buying out Barry in a mega-acquisition move, bringing the chocolate maker sector even closer to monopolized (cha-ching) economics. Cargill recently touted their first billion dollar quarter, and that's just in chocolate. With $88 billion in revenue, this privately-held would have ranked 20 on Fortune's 500 list if it were publically-traded. It's not, and probably won't be for some time. But ADM is publically-traded and has an uncanny resemblance to Cargill in structure, global reach, and revenue. ADM has previously been prosecuted by the British government for price-fixing several commodities. Usually millions of dollars in fines and poor publicity doesn't do much for stock value, but this might be the exception. Legalities-shmegalities. ADM's stock has enjoyed steady growth and is trading at its top value. Reading between the lines, these price-fixing convictions likely mean that ADM has significant control in the agricultural market, leaving peeved purchasers with nowhere else to go but to the government's legal team.
Current price per share
Today's gain: $0.35 (1.10%)
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