ADM stands for Archer Daniels Midl'd. Dextrose and starch are used by the Corn Processing segment as feedstocks for its bioproducts operations. [citation needed], In October 2015, ADM announced the sale of its global cocoa business to Olam International. Moreover, every $1 of profits earned by ADM's corn sweetener operation costs consumers $10, and every $1 of profits earned by its bioethanol operation costs taxpayers $30. ADM expanded its agribusiness to include milling, processing, specialty food ingredients, and cocoa. [28], In 1993, the company was the subject of a lysine price-fixing investigation by the U.S. Justice Department. [7], The Oilseeds Processing segment includes global activities related to the origination, merchandising, crushing, and further processing of oilseeds such as soybeans and soft seeds (cottonseed, sunflower seed, canola, and flaxseed) into vegetable oils and protein meals. 'Professional Administrator' is one option -- get in to view more @ The Web's largest and most authoritative acronyms and abbreviations resource. service, business, research. The American River Transportation Company along with ADM Trucking, Inc., are subsidiaries of ADM. Products include oils and meal from soybeans, cottonseed, sunflower seeds, canola, peanuts, flaxseed, Palm kernel and DAG oil, as well as corn germ, corn gluten feed pellets, syrup, starch, glucose, dextrose, crystalline dextrose, high fructose corn syrup sweeteners, chocolate, ethanol, and wheat flour. [22] Approximately 1,500 employees transferred to Olam with the sale. [9], ADM's Corn Processing segment is engaged in corn wet milling and dry milling activities, with its asset base primarily located in the central part of the United States. Natural flavors were added to ADM's product portfolio with the 2014 acquisition of Wild Flavors. Association of Directory Marketing. [25], It was named the world's most-admired food-production company by Fortune magazine for three consecutive years: 2009, 2010 and 2011. To see all meanings of ADM, please scroll down. Rate it: ADM: Automated Deposit Machine. In addition, according to ADM's 2005 annual report, a settlement was reached under which ADM paid $400 million in 2005 to settle a class action antitrust suit.[30]. ADM nearly doubled capital spending in its 2007 budget to an estimated $1.12 billion. It means "Additional Dealer Markup" or "Additional Dealer Profit," and appears on a sticker next to manufacturer's MSRP sticker. [15][16] Formerly of Chevron, she was expected to focus on developing ethanol and biofuels. Associated with efficiencies, it aims to produce higher or equal returns at a lower cost. As a result of the investigation, it was alleged that the companies had submitted false declarations of sales and routed profits through tax havens or through their headquarters. Computing » Drivers [32] According to the country's revenue and customs service, the outstanding taxes amounted to almost US$1 billion. In 1923, Archer-Daniels Linseed Company acquired Midland Linseed Products Company, and the Archer Daniels Midland Company was formed. [23], In January 2017, Archer Daniels Midland agreed to sell its crop risk services (insurance) unit to Validus Holdings for $127.5 million. End uses are consumption by people, livestock, and additives for fuel. If testing is successful, beginning in late 2010 the company expected to dispose of 1,000 metric tons per day of carbon dioxide emissions currently being released to the atmosphere. Automotive Digital Marketing. Currently, our accounts are earning almost 7x the national average money market fund, with less risk and over-night liquidity. Three of ADM's top officials, including vice chairman Michael Andreas were eventually sentenced to federal prison in 1999. ADM: Additional Dealer Mark-up. uruguay, con, para. [3][4][5] The company operates more than 270 plants and 420 crop procurement facilities worldwide, where cereal grains and oilseeds are processed into products used in food, beverage, nutraceutical, industrial, and animal feed markets worldwide. The book was adapted into the 2009 film The Informant!. At that point, Bunge had a market value of about $9.8 billion, and was also being pursued by Glencore PLC for an acquisition, since May 2017. ADM: Additional Dealer Markup: ADM: Asynchronous Disconnected Mode: ADM: Archer Daniels Midland Company: ADM: Average Daily Membership (count of students in public education) ADM: Administrative Template (Microsoft) ADM: Architecture Development Method: ADM: Astra Daihatsu Motor (Jakarta, Indonesia) ADM: Advanced Development Model: ADM: Automated Decision Making: ADM [8], ADM's Agricultural Services segment uses its U.S. grain elevator, global transportation network, and port operations to buy, store, clean, and transport agricultural commodities, such as oilseeds, corn, wheat, milo, oats, rice, and barley, and resells these commodities primarily as food and feed ingredients and as raw materials for the agricultural processing industry. Retail piece is 20,000 w/o ADM and 21,500 w/ADM. From Wikipedia, the free encyclopedia The Archer-Daniels-Midland Company (ADM) is an American global food processing and commodities trading corporation, headquartered in Chicago, Illinois. Its products include ingredients used in the food and beverage industry including sweeteners, starch, syrup, glucose (dextrose). ADM: Airport Duty Manager: ADM: Action Description Memorandum: ADM: Account Delivery Manager: ADM: Alpes Dauphiné Matériaux (French general electric company) ADM: Assistance, … Outsourcing is obtaining goods and services from a foreign supplier. [41], In an attempt to reduce its carbon footprint, the company has partnered with the Midwest Geological Sequestration Association and other organizations to test the disposal of carbon dioxide emissions underground. ADM Full Form is Add/drop Multiplexer. [38], On December 20, 2013, the SEC announced that it had charged ADM for failing to prevent illicit payments (bribes) made by its foreign subsidiaries to Ukrainian government officials in violation of the FCPA. As of 2013, the company is one of the largest facility management providers with over 130,000 employees, over 350 offices, and various international locations. Are you looking for the meanings of ADM? Rate it: ADM: Automatic Deposit Machine. [8], ADM Investor Services, Inc. is a registered futures commission merchant and a clearing member of all principal commodities exchanges in the U.S. ADM Investor Services International, Ltd., a member of commodity exchanges and clearing houses in Europe, and ADMIS Hong Kong Limited, offer broker services in Europe and Asia. on Abbreviations.com! The suit alleged all of these companies were acting in collusion to raise prices, citing a spike in linseed oil costs between 1916 and 1918, when the price rose from $.50 per gallon to $1.80. The company also provides agricultural storage and transportation services. In addition, ADM agreed to eliminate more than 60,000 tons of emissions of carbon monoxide, particulate matter, volatile organic compounds, and other pollutants from 42 plants in 17 states, at a cost of hundreds of millions of dollars. Learn how and when to remove this template message, Midwest Geological Sequestration Association, disposal of carbon dioxide emissions underground, "Archer Daniels Midland | 2020 Fortune 500", "Archer Daniels Midland, Form 10-K, Annual Report, Filing Date Aug 27, 2012", "Acquisition adds natural flavors to Archer Daniels Midland portfolio", "UNITED STATES SECURITIES AND EXCHANGE COMMISSION : WASHINGTON, D. C. 20549 : FORM 10-K", "ADM first-quarter profit beats estimates, as CEO cites 'many unknowns' of pandemic", "Archer Daniels Midland, Form DEF 14A, Filing Date Sep 17, 1997", "Archer Daniels Midland, Form 10-K, Annual Report, Filing Date Sep 20, 2002", "Alabama Farmers Want to Export More to Cuba", "Archer Daniels Midland, Form 8-K, Current Report, Filing Date May 1, 2006", "Archer Daniels Midland, Form 8-K, Current Report, Filing Date Feb 6, 2007", "Daimler, ADM, Bayer to test Jatropha for biodiesel", "ADM, Daimler, Bayer partner to explore jatropha", "ADM buys ingredients company Wild Flavors for about $3 billion", "Olam completes acquisition of ADM's cocoa business", "ADM Completes Sale of Global Cocoa Business", https://www.reuters.com/article/deals-day-idUSL4N1FL1ZL, "ADM Has Made Takeover Approach to Bunge Ltd", https://investors.adm.com/governance/board-of-directors/default.aspx, "ADM Again Named World's Most Admired Food Production Company", "Archer Daniels Midland Company.