Archer-Daniels-Midland Company (NYSE:ADM) 16th Annual BMO Capital Markets Farm to Market Conference May 19, 2021 8:40 AM ET
Company Participants
Juan Luciano - Chief Executive Officer
Greg Morris - SVP & President, Agricultural Services and Oilseeds
Conference Call Participants
Kenneth Zaslow - BMO Capital Markets
Kenneth Zaslow
Hey, good morning, Juan and Greg. Thank you both for being here. Hopefully, next year, we'll actually see each other in person. Juan, as CEO and Chairman, you are the architect, who effectively and structurally changed ADM's identity across every facet of its operations, including capital allocation, efficiency, culture and product mix.
ADM has better prioritized capital towards growth initiatives and cost efficiency programs. And because of all your actions, ADM is positioned better than ever to enjoy the fruits of the team's labor. And together with Greg as President of ADM's Ag Services and Oilseeds, ADM has expertly navigated the fluid market conditions and capitalized on key emerging opportunities.
With that, I'm going to let it turn it over to you, Juan, for a few introductory comments.
Juan Luciano
Thank you, Ken, and thanks to BMO for having us here today. I will make some brief opening remarks, and then we can go into Q&A. If you go to the next slide, please. Before I start, let me remind you to review our Safe Harbor statement on the screen now.
Many of you are familiar, of course, with ADM, but as Ken was saying, we have undergone a significant transformation over the last several years. We went from a basic commodity merchandiser and processer to also evolving into a leader in nutrition with roughly 800 facilities around the world. And from our traditional role of global supply chain manager, matching needs with global capabilities, we have grown much closer to consumer needs through insights and research to shape our offerings
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