Log in
Log in
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     
Sign up
Or log in with
GoogleGoogle
Twitter Twitter
Facebook Facebook
Apple Apple     

ARCHER-DANIELS-MIDLAND COMPANY

(ADM)
  Report
Delayed Nyse  -  04:00:02 2023-02-03 pm EST
82.28 USD   -0.04%
02/03Some workers strike at ADM Decatur, Illinois, grain facility
RE
02/03Union workers go on strike at ADM Decatur, Illinois, grain facility
RE
02/02ADM to Participate in Bank of America 2023 Global Agriculture and Materials Conference
BU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisionsFunds 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

PepsiCo, ADM Announce Agreement to Support Regenerative Ag Practices

09/14/2022 | 03:10pm EST

By Stephen Nakrosis


Archer Daniels Midland Co. and PepsiCo Inc. on Wednesday said they entered a strategic commercial agreement to support regenerative agricultural practices in an effort to reduce carbon intensity.

The companies said the 7 1/2-year deal is expected to reach up to 2 million acres by 2030.

The agreement will initially enroll corn, soy and wheat farmers across states in the U.S. Midwest and integrate farmer-first regenerative agriculture initiatives, which will include cover crops, reduced tillage and responsible pesticide use, the companies said. Participants will receive technical and financial assistance, access to peer regenerative farming networks and other resources.

"Reaching the strategic partnership's goals could eliminate 1.4 million metric tons of greenhouse gases -- equivalent to the amount of electricity used to power 275,000 homes per year -- at the farm level, while creating meaningful shared value directly for farmers," the companies said.


Write to Stephen Nakrosis at stephen.nakrosis@wsj.com


(END) Dow Jones Newswires

09-14-22 1710ET

Stocks mentioned in the article
ChangeLast1st jan.
ARCHER-DANIELS-MIDLAND COMPANY -0.04% 82.28 Delayed Quote.-11.38%
CORN FUTURES (ZC) - CBE (ELECTRONIC)/C1 0.26% 677 End-of-day quote.-0.15%
PEPSICO, INC. -0.50% 169.12 Delayed Quote.-6.39%
S&P GSCI CORN INDEX -0.55% 556.2435 Real-time Quote.-0.48%
WHEAT FUTURES (ZW) - CBE (ELECTRONIC)/C1 -0.53% 757 End-of-day quote.-4.45%
All news about ARCHER-DANIELS-MIDLAND COMPANY
02/03Some workers strike at ADM Decatur, Illinois, grain facility
RE
02/03Union workers go on strike at ADM Decatur, Illinois, grain facility
RE
02/02ADM to Participate in Bank of America 2023 Global Agriculture and Materials Conference
BU
02/01ADM Named to FORTUNE Magazine's Most Admired Company List for 15th Consecutive Year
BU
01/31Ancora Holdings urges Green Plains to put itself up for sale - letter
RE
01/31Ancora Holdings urges Green Plains to put itself up for sale - letter
RE
01/26Transcript : Archer-Daniels-Midland Company, Q4 2022 Earnings Call, Jan 26, 2..
CI
01/26Archer-Daniels-Midland's Q4 Adjusted Earnings, Revenue Climbs; Declares Cash Dividend
MT
01/26Earnings Flash (ADM) ADM Posts Q4 Adjusted EPS $1.93
MT
01/26Earnings Flash (ADM) ADM Posts Q4 Revenue $26.23B
MT
More news
Analyst Recommendations on ARCHER-DANIELS-MIDLAND COMPANY
More recommendations
Financials (USD)
Sales 2022 101 B - -
Net income 2022 4 171 M - -
Net Debt 2022 8 110 M - -
P/E ratio 2022 11,1x
Yield 2022 1,93%
Capitalization 45 013 M 45 013 M -
EV / Sales 2022 0,53x
EV / Sales 2023 0,53x
Nbr of Employees 39 979
Free-Float 77,4%
Chart ARCHER-DANIELS-MIDLAND COMPANY
Duration : Period :
Archer-Daniels-Midland Company Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends ARCHER-DANIELS-MIDLAND COMPANY
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 16
Last Close Price 82,28 $
Average target price 99,43 $
Spread / Average Target 20,8%
EPS Revisions
Managers and Directors
Juan Ricardo Luciano Chairman, President & Chief Executive Officer
Vikram Luthar Chief Financial Officer
Todd A. Werpy Chief Science Officer & Senior Vice President
Kristy J. Folkwein Chief Information Officer
Veronica L. Braker Senior Vice President-Global Operations
Sector and Competitors
1st jan.Capi. (M$)
ARCHER-DANIELS-MIDLAND COMPANY-11.38%45 013
NESTLÉ S.A.4.33%333 955
MONDELEZ INTERNATIONAL, INC.-1.11%89 856
THE HERSHEY COMPANY2.03%48 457
KRAFT HEINZ-3.27%48 238
GENERAL MILLS, INC.-9.98%44 504