Archer-Daniels-Midland rises after raising annual profit outlook

Archer-Daniels-Midland

04/08/2026 11:12

** Shares of grain trader Archer-Daniels-Midland ADM.N rise 3.9% to $81.17 premarket
** Co raises full-year adjusted profit forecast to $5.15 to $5.60 compared with prior forecast of $4.15 to $4.70, betting on improvement in its crushing and ethanol businesses and clarity over the U.S. biofuel blending mandate
** ADM posts Q2 profit of $1.84 per share, beating estimates of $1.44 per share - LSEG data
** As of last close, stock is up ~36% YTD

 (Reporting by Vallari Srivastava in Bengaluru)
 ((Srivastava.Vallari@thomsonreuters.com;))