ADM Oilseeds Profit Jumps 129%, Full-Year EPS Outlook Raised to $5.15-$5.60

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Archer Daniels Midland's Oilseeds Processing business more than doubled its operating profit in the second quarter of 2026, with operating profit rising 129% from the year-ago period. Global oilseed processing volumes increased nearly 5%, supported by stronger processing margins, better business execution, favorable market conditions and strong soybean meal demand from the pork and poultry industries. ADM raised its full-year 2026 adjusted EPS outlook to $5.15-$5.60 from the previous range of $4.15-$4.70. The company expects favorable crushing and ethanol margins to continue supporting results in the second half of 2026, though North American crushing was about 90% locked for the third quarter but only around 30% for the fourth quarter, leaving greater exposure to future margin movements. Management also expects China's soybean purchases from North America to support Ag Services.

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ADM raised full-year 2026 adjusted EPS outlook to $5.15-$5.60 from $4.15-$4.70 after Oilseeds operating profit jumped 129%.