Archer-Daniels Midland traded at $82.93 this Thursday October 15th, decreasing $0.71 or 0.85 percent since the previous trading session. Looking back, over the last four weeks, Archer-Daniels Midland lost 2.44 percent. Over the last 12 months, its price rose by 31.84 percent. Looking ahead, we forecast Archer-Daniels Midland to be priced at 78.16 by the end of this quarter and at 73.18 in one year, according to Trading Economics global macro models projections and analysts expectations.
Archer-Daniels-Midland Company owns and operates grain elevator and transportation network to procure, store, clean, and transport agricultural raw materials, such as oilseeds, corn, wheat, milo, oats, and barley. The Company’s operations are organized into three reportable business segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. The Ag Services and Oilseeds segment includes global activities related to the origination, merchandising, transportation, and storage of agricultural raw materials. The Carbohydrate Solutions segment converts corn and wheat into products and ingredients used in the food and beverage industry, including sweeteners, corn and wheat starches, syrup, wheat flour and dextrose. The Nutrition segment engages in the manufacturing, sale, and distribution of various ingredients and solutions, including plant-based proteins, flavor systems, natural colors, emulsifiers, soluble fiber, enzymes, and other specialty food and feed ingredients.