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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 smilleyon May 01, 2009 7:55pm
430 Views
Post# 15961142

RE: SP?

RE: SP?Well, there's nothing to report and probably won't be for a while.  The drilling is mostly infill, the resource has been delineated and thats that.  This is a pure buy-out play with proven ounces in a politically stable area and is generally ruled by the POG.  At least the price is holding over $1.30.  If I wasn't fully loaded with ADM I'd be buying at this price for sure.  That being said, I too, am disappointed with how the price has been drifting lower, but I can say the same thing about my GoldCorp holdings as well.  We need the POG to rise above $920 to wake up the entire PM sector and get things moving.
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