Market Overview

ADM Creates New Business Unit to Accelerate Value Creation


Archer Daniels Midland Company (NYSE:ADM) today announced the creation
of a new business unit called Ag Services & Oilseeds, which combines
ADM's Origination and Oilseed business operations into a single
reporting structure, effective July 1.

The new business unit will be led by Greg Morris, formerly president,
Oilseeds for ADM.

"ADM's ability to provide value through the entire supply chain – from
origination to processing to transportation to ingredients and solutions
– is what sets us apart from others in the industry," said Chairman and
CEO Juan Luciano. "Bringing the unparalleled strength of our global
origination, global trade and destination marketing businesses and our
transportation network together with our leadership in oilseeds
processing and value-added product mix is a natural evolution. This
helps us better integrate the supply and value chains to deliver
significant simplification and efficiency to the day-to-day business.

I am personally committed to the strategic value that simplification can
bring to our organization, and feel our ability to accelerate purposeful
value creation within ADM has never been greater."

About ADM

For more than a century, the people of Archer Daniels Midland Company
(NYSE:ADM) have transformed crops into products that serve the vital
needs of a growing world. Today, we're one of the world's largest
agricultural processors and food ingredient providers, with
approximately 40,000 employees serving customers in nearly 200
countries. With a global value chain that includes approximately 450
crop procurement locations, more than 330 food and feed ingredient
manufacturing facilities, 62 innovation centers and the world's premier
crop transportation network, we connect the harvest to the home, making
products for food, animal feed, industrial and energy uses. Learn more

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