... Linseed Products and the Archer Daniels Midland was formed. In 2007, long-time chairman G. Allen Andreas stepped down and was replaced by company CEO and president, Patricia Woertz, who, before joining ADM, worked for Chevron. Business Overview ADM is principally engaged in procuring, transporting, storing, processing, and merchandising agricultural commodities and products. ADM processes soybeans, corn, and wheat; the three largest crops in the US. With over 270 plants worldwide and over 27,000 employees, ADM's revenues for fiscal 2007 (ending June 30, 2007) were US $44 billion. ADM's revenue generation can be primarily classified into three operations: 1 1. Agricultural Services. (46% of 2007 Sales)2 2. Oilseeds Processing. (31% of 2007 Sales) 3. Corn Processing. (12% of 2007 Sales) Other than the above three business operations, ADM is also involved in other operations such as activities related to processing agricultural commodities into food ingredient products and financial activities related to banking, captive insurance, private ...

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