Insook,
They process a lot of ag commodities, doing the first step. Corn syrup is a big part I think. Sweetener that is used in many items including pop.
If foodstuffs prices remains steady while the raw materials drop,i.e. grains, seeds -- it should be a good year for them. My only point.
ADM
Description of Business
Processes and merchandises agricultural commodities, such as oilseeds
soybeans, cottonseeds, sunflower seeds, canola, peanuts, flaxseed and
corn germ; mills flour, rice and refines corn; merchandises and stores grain;
shells peanuts; produces feed additives, malt products and bioproducts;
furnishes public banking services; acts as both direct insurer and reinsurer of
property and casualty insurance; performs securities brokerage services;
and produces mixes, pasta, malt products, lettuce and other fresh herbs and
vegetables. |
