Archer Daniels Midland

RANK51

The Chicago-based agricultural processor’s business spans 200 countries and touches everything from animal feed and human food to cosmetics, alcohol, and paint. Its annual performance has much to do with market conditions and commodity prices: In 2020, sales dipped 0.5% due to lower sales volumes of rice, ethanol, oils, and corn by-products. (ADM idled some facilities because of decreased demand last year.) Still, profits increased 28.5% over the previous year owing to more robust global trade—particularly between the U.S. and China—and strong demand for specialty ingredients like probiotics and plant-based proteins.