Archer Daniels Midland Company (NYSE:ADM) JPMorgan 11th Annual U.S. All Stars Conference September 16, 2020 8:00 AM ET
Company Participants
Ray Young - Chief Financial Officer
Conference Call Participants
Thomas Simonitsch - JP Morgan
Thomas Simonitsch
Hello, everybody and welcome to the JPMorgan US All Stars Conference. My name is Tom Simonitsch; I am a Research Analyst here at JPMorgan. We're delighted to host Ray Young, CFO of Archer-Daniels-Midland. I know that Ray has some opening remarks, but the plan had to end real quickly. ADM has a market cap of $26 billion, stock is performed and in line with a broader market year-to-date, your total shareholder returns at 5% versus the S&P 7%. And we have a mutual rating. With that Ray, thank you so much for joining us over to you. So, Ray, I think you may be on mute.
Ray Young
Sorry about that, Tom. So good morning, everyone or good afternoon everyone, and appreciate the invitation from JP Morgan to participate in this conference here. I always look forward to coming to London for this September conference with JPM. And hopefully next year I'll be able to participate in person in order to meet with everyone there. For those who aren't as familiar with ADM, our purpose is really to unlock the power of nature in order to enrich the quality of life. We are one of the world's largest nutrition companies with more than 100 facilities around the world, offering an expansive pantry of ingredients and solutions to meet both human and animal nutrition needs. We also serve a critical role as being a key global supply chain manager linking dairies of net food production to areas net food consumption.
We take our role very seriously providing nutrition to the world and work hard to
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