Archer-Daniels-Midland Company (ADM) CEO Juan Luciano on Q1 2021 Results - Earnings Call Transcript

Archer-Daniels-Midland Company (NYSE:ADM) Q1 2021 Earnings Conference Call April 27, 2021 9:00 AM ET

Company Participants

Victoria de la Huerga - Vice President, Investor Relations
Juan Luciano - Chairman, President, Chief Executive Officer
Ray Young - Executive Vice President, Chief Financial Officer

Conference Call Participants

Ken Zaslow - Bank of Montreal
Adam Samuelson - Goldman Sachs
Tom Simonitsch - JPMorgan
Luke Washer - Bank of America
Robert Moskow - Credit Suisse
Ben Bienvenu - Stephens
Michael Piken - Cleveland Research
Ben Theurer - Barclays
Eric Larson - Seaport Global Securities

Operator

Good morning. And welcome to the ADM First Quarter 2021 Earnings Conference Call. All lines have been placed on a listen-only mode to prevent background noise. As a reminder, this conference call is being recorded.

I would now like to introduce your host for today's call, Victoria de la Huerga, Vice President, Investor Relations for ADM. Ms. De la Huerga, you may begin.

Victoria de la Huerga

Thank you, Chris. Good morning, and welcome to ADM's first quarter earnings webcast. Starting tomorrow, a replay of today's webcast will be available at adm.com.

For those following the presentation, please turn to slide two, the company's Safe Harbor Statement, which says that some of our comments and materials constitute forward-looking statements that reflect management's current views and estimates of future economic circumstances, industry conditions, company performance and financial results. These statements and materials are based on many assumptions and factors that are subject to risks and uncertainties.

ADM has provided additional information in its reports on file with the SEC concerning assumptions and factors that could cause actual results to differ materially from those in this presentation, and you should carefully review the assumptions and factors in our SEC reports. To the extent permitted under applicable law, ADM assumes no obligation to update any