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48 - Archer Daniels Midland

A corn sample sits in a tray during inspection at the Archer-Daniels-Midland Co. (ADM) grain facility in Mendota, Illinois, U.S., on Thursday, Oct. 26, 2017. Archer-Daniels-Midland Co. is scheduled to release earnings figures on October 31. Photographer: Daniel Acker/Bloomberg via Getty Images - Daniel Acker — Bloomberg via Getty Images
A corn sample sits in a tray during inspection at the Archer-Daniels-Midland Co. (ADM) grain facility in Mendota, Illinois, U.S., on Thursday, Oct. 26, 2017. Archer-Daniels-Midland Co. is scheduled to release earnings figures on October 31. Photographer: Daniel Acker/Bloomberg via Getty Images Daniel Acker — Bloomberg via Getty Images

While soft commodities prices continued to dwindle at the close of 2017, the year closed on a high note for food-processing giant Archer Daniels Midland, which had otherwise been plagued the prior year by a strong dollar and a grain surplus. Chicago-based ADM—which produces goods like soy proteins, corn, wheat, and sweeteners for customers on six continents—grew earnings from $1.3 billion in 2016 to $1.6 billion in 2017. At the close of 2017, ADM agreed to sell off its Bolivian oilseeds business as word of a possible takeover of commodity trader Bunge spread. (The talks have reportedly ceased.)

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Key Metrics & Financials (Last Fiscal Year)

Previous Rank45
Revenues ($M)$60828
Revenue Percent Change-2.4%
Profits ($M)$1595.0
Profits Percent Change24.7%
Assets ($M)$39963
Market Value — as of March 29, 2018 ($M)$24238
Employees31300

Company Facts

Employees31300
SectorFood, Beverages & Tobacco
IndustryFood Production
HQ LocationChicago
CEOJuan R. Luciano
CEO Title-
Websitewww.adm.com
Years on Fortune 500 List24

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