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Archer-Daniels-Midland Co V.ADM


Primary Symbol: ADM

Archer-Daniels-Midland Company is a human and animal nutrition company. The Company is an agricultural supply chain manager and processor. It operates through three business segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. The Ag Services and Oilseeds segment includes global activities related to the origination, merchandising, transportation, and storage of agricultural raw materials, and the crushing and further processing of oilseeds such as soybeans and soft seeds into vegetable oils and protein meals. The Carbohydrate Solutions segment is engaged in corn and wheat wet and dry milling and other activities. The Nutrition segment is engaged in the manufacturing, sale, and distribution of a range of ingredients and solutions, including plant-based proteins, natural flavors, flavor systems, natural colors, emulsifiers, soluble fiber, polyols, hydrocolloids, probiotics, prebiotics, enzymes, botanical extracts, and other specialty food and feed ingredients.


NYSE:ADM - Post by User

Comment by VentureTrader1on Mar 20, 2009 1:48am
445 Views
Post# 15857901

RE: ABX

RE: ABXBreakdown's been harder than typically nice, but still some of the cheapest $/oz gold I can find, with cash-heavy neighbors.  Seems like a great buy long-term, but shorter term is harder to say.  Clearly whenever serious buying steps in the price jumps nicely, but otherwise, not much interest here.  Technically, weekly chart looks like a fairly nice cup-handle formation, but needs a big break to the upside  (say above 1.80) to confirm.  Story-wise this is my favorite, but I'd sure like to see some confirmation in the share-price to justify increasing my position.
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