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Archer Daniels Midland

Archer Daniels Midland is a food processing and commodities trading corporation that operates over 400 crop procurement facilities and 270 food processing plants across the globe. ADM’s mission is to transform natural products like cereal grains and oilseeds into a wide array of products, including ingredients and flavorings for food and beverages, supplements, and nutritional products for pets and livestock. Fortune has perennially dubbed ADM as one of the world’s most admired companies in food production, including in 2021. The company met with criticism, however, when an April 2021 report from the Institute on Taxation and Economic Policy (ITEP) revealed ADM was one of 55 major U.S. corporations to have paid $0 in federal taxes on 2020 profits.
Daniel Acker—Bloomberg via Getty Images
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