Archer-Daniels-Midland Co
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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FY2024 · Filed Feb 20, 2025
Contents
Item 2. Properties
PART I
| Item 2. | PROPERTIES |
|---|
The Company’s operations are such that most products are efficiently processed near the source of raw materials. Consequently, the Company has many plants strategically located in agricultural commodity producing areas. The annual volume of commodities processed will vary depending upon availability of raw materials and demand for finished products.
The Company owns approximately 150 warehouses and terminals primarily used as bulk storage facilities and has 68 innovation centers. Processing plants and procurement facilities owned or leased by unconsolidated affiliates are not included in the tables below.
To enhance the efficiency of transporting large quantities of raw materials and finished products between the Company’s procurement facilities and processing plants and also the final delivery of products to its customers around the world, the Company owns approximately 1,900 barges, 9,500 rail cars, 360 trucks, 1,210 trailers, 140 boats, and 3 oceangoing vessels; and leases, under operating leases, approximately 700 barges, 22,450 rail cars, 250 trucks, 530 trailers, 31 boats, and 20 oceangoing vessels.
The daily capacities of the processing plants and storage capacities of the procurement facilities that the Company owns or leases, under operating leases, are as follows:
| Processing Facilities (in '000 metric tons) | ||||||||
|---|---|---|---|---|---|---|---|---|
| Owned · Leased | ||||||||
| Ag Services · Carbohydrate · Ag Services · Carbohydrate | ||||||||
| and Oilseeds | Solutions | Nutrition | Total | and Oilseeds | Solutions | Nutrition | Total | |
| North America | 85 | 88 | 101 | 274 | — | — | 74 | 74 |
| South America | 32 | — | 3 | 35 | 1 | — | 3 | 4 |
| Europe | 50 | 6 | 13 | 69 | — | 1 | — | 1 |
| Asia-Pacific | 1 | — | 31 | 32 | 1 | — | 10 | 11 |
| Total daily capacity | 168 | 94 | 148 | 410 | 2 | 1 | 87 | 90 |
| Procurement Facilities (in '000 metric tons) | ||||||||
|---|---|---|---|---|---|---|---|---|
| Owned · Leased | ||||||||
| Ag Services · Carbohydrate · Ag Services · Carbohydrate | ||||||||
| and Oilseeds | Solutions | Nutrition | Total | and Oilseeds | Solutions | Nutrition | Total | |
| North America | 12,922 | 589 | 62 | 13,573 | 766 | 68 | — | 834 |
| South America | 2,134 | — | — | 2,134 | 231 | — | — | 231 |
| Europe | 1,478 | — | — | 1,478 | — | 18 | — | 18 |
| Asia-Pacific | 75 | — | — | 75 | 81 | — | 4 | 85 |
| Total storage capacity | 16,609 | 589 | 62 | 17,260 | 1,078 | 86 | 4 | 1,168 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.