Net revenues of ARCHER DANIELS MIDLAND COMPANY
ARCHER DANIELS MIDLAND COMPANY Net Revenues 2005-2021
Amounts are in $millions.
|Year||Net Revenues ($m)|
2021: Archer Daniels Midland Company's net revenues increased by 32.5% in 2021 compared to 2020. The company generated $85,249 million in net revenues in 2021 compared to $64,355 million in 2020. It has divided its business operations into three business segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. The largest business segment, Ag services and Oilseeds experienced the most significant jump in its net revenues in 2021 compared to the previous year. The net revenues of the company from this segment increased by around 35% in 2021 compared to the previous year or by $17.3 billion.
Archer-Daniels-Midland Company (the Company) was incorporated in Delaware in 1923, successor to the Daniels Linseed Co. founded in 1902. The Company is among the world’s leading producers of food and beverage ingredients, and other products made from a variety of agricultural products. Its products include natural flavors and colors, health and nutrition products, vegetable oil, corn sweeteners, flour, animal feed, and biofuels.
The Company has an extensive global grain elevator and transportation network to procure, store, clean, and transport agricultural commodities, such as oilseeds, corn, wheat, milo, oats, and barley, as well as products derived from those inputs. The Company has significant investments in joint ventures as well which it expects to benefit from.
Net Revenues of Archer Daniels Midland company grew to $64.34 billion in 2018 from $60.83 billion in 2017.