Market Conditions And Segment PerformanceThe market remains challenged across all core segments for ADM, with additional downside overhang due to slow Nutrition recovery, plant downtimes, and volatile soybean crush.
Policy UncertaintyUncertainties related to U.S. biofuels policy and Nutrition outlook likely will limit 2025 earnings.
Profitability And EarningsThe outlook for ADM’s profitability has soured considerably with increased macro risks stemming from the US election results as well as the company’s own performance.