Chicago-based Archer-Daniels-Midland Company (ADM) engages in the procurement, transportation, storage, processing, and merchandising of agricultural commodities, ingredients, flavors, and solutions. With a market cap of $29.2 billion, the company’s operations span the Americas, Europe, and internationally.
The agriculture major has substantially underperformed the broader market over the past year. Over the past 52 weeks, ADM dipped 28.1%, trailing behind the S&P 500 Index’s ($SPX) 26.1% returns. In 2024 alone, ADM declined 18.2% compared to SPX’s 16.5% gains on a YTD basis.
