Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nyse  >  Archer Daniels Midland Company    ADM

Delayed Quote. Delayed  - 08/26 07:15:20 pm
42.425 USD   -0.32%
04:54a ARCHER DANIELS : ADM, farmers reach secret settlement in Ponzi sche..
08/23 TRENDING STOCKS : Archer Daniels Midland Company , BorgWarner Inc.
08/22 ARCHER DANIELS : ADM to Help Farmers 'Keep Their Business on Track'..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

European 1Q Cocoa Grindings Fall 0.1% On Year - ECA

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/13/2012 | 02:19pm CEST

(Adds comment in paragraphs 4-7)

European cocoa grindings decreased 0.1% on the year during the first quarter of 2012, to 353,311 metric tons, figures from the European Cocoa Association showed Friday.

Indeed, the new data reveal the first year-on-year fall in grindings for a quarter since the final three months of 2009-10.

Cocoa grindings in Europe--a key measure of demand for the chocolate ingredient--had run sharply ahead of the previous year throughout most of 2011, before growth tailed off in the final quarter.

"European grind data was probably a bit better than a lot of cocoa manufacturers and processors expected, with the consensus expectation being a bit weaker than the final figure," said Jonathan Parkman, co-head of Agriculture Commodities at Marex Spectron.

"However, it is very foolhardy to take the European grind number as a proxy for what is going on in the world. Despite being a large part of the global grind, the figure by no means tells you what's going on everywhere," he added.

The brokerage's analysis of major grinding areas, which account for around 75% of global demand, suggests that total grind for the first quarter of 2012 increased by approximately 3% compared with the same quarter of the previous year.

However, with North American grind data for the first quarter due for publication on April 19, Parkman said the market is expecting a slightly negative release, with grindings likely to be unchanged or lower. The region's data are always important as they cover a large geographic area, he added.

The ECA said it had upwardly revised its estimate for the fourth quarter of 2011 by 435 tons to 349,790 tons, following corrected figures submitted by one or more reportees.

The ECA accounts for around two-thirds of European cocoa grindings. ECA grinding members are ADM Cocoa, a unit of Archer Daniels Midland Co. (>> Archer Daniels Midland Company); Barry Callebaut AG (>> Barry Callebaut AG); Delfi Cocoa Europe, a division of Petra Foods Ltd. (P34.SG); ECOM/Dutch Cocoa; Gerkens Cacao, a unit of Cargill Inc; and Nederland.

Bean processors are Cioccolato Peyrano, Euromar, Ferrero SPA, Fuchs & Hoffmann, Hachez, Herza, Icam, Kessko, Kraft Foods Inc. (KFT), Ludwig, Majani, Natra, Nestle SA (NESN.VX), Schokinag, Schwartauer Werke, Storck, Weinrich and Toms.

-By Michael Haddon, Dow Jones Newswires; 4420-7842-9289; michael.haddon@dowjones.com

Stocks mentioned in the article : Archer Daniels Midland Company, Barry Callebaut AG
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on ARCHER DANIELS MIDLAND COM
04:54a ARCHER DANIELS MIDLAND : ADM, farmers reach secret settlement in Ponzi scheme la..
08/25 ARCHER DANIELS MIDLAND : Soozie's Doozies Named 2016 Food Innovation Challenge W..
08/23 TRENDING STOCKS BUZZ : Archer Daniels Midland Company , BorgWarner Inc.
08/22 ARCHER DANIELS MIDLAND : ADM to Help Farmers 'Keep Their Business on Track' at 2..
08/19 ARCHER DANIELS MIDLAND : to Help Farmers 'Keep Their Business on Track' at 2016 ..
08/18 A.M. BEST : Affirms Ratings of Agrinational Insurance Company and ADM Insurance ..
08/16 GLG LIFE TECH CORPORATION : Reports 2016 Second Quarter Financial Results
08/15 ARCHER DANIELS MIDLAND COMPANY : ex-dividend day
08/12 ARCHER DANIELS MIDLAND : Soozie’s Doozies Named 2016 Food Innovation Chall..
08/11 ARCHER DANIELS MIDLAND : ADM Directors Declare Cash Dividend
More news
Sector news : Food Processing - NEC
08/25DJGENERAL MILLS : Lines Up Its Next Leader -- WSJ
08/24DJGENERAL MILLS : Grooms Jeff Harmening as Next CEO
08/23 DANONE : Lactalis ready to discuss milk prices with angry French farmers
08/23DJJ M SMUCKER : Smucker Reports Sales Decline
08/23DJIOI BHD : Malaysia's IOI Corp Swings to Loss in 4Q
More sector news : Food Processing - NEC
News from SeekingAlpha
08/24 Olam Is Really A Long-Term Bet
08/23 AUGUST 2016 UPDATE : Dugan Stock Scoring System Mid-January 2016 Purchases Conti..
08/22 WASDE And The Fourth Year Of Bumper U.S. Crops
08/09 2 New Periodic Tables Of Dividend Champions - The Search For Defensive Stocks
08/08 Dividend Champion Portfolio - August Update
Advertisement
Financials ($)
Sales 2016 64 002 M
EBIT 2016 1 901 M
Net income 2016 1 357 M
Debt 2016 4 328 M
Yield 2016 2,82%
P/E ratio 2016 18,65
P/E ratio 2017 14,47
EV / Sales 2016 0,45x
EV / Sales 2017 0,45x
Capitalization 24 760 M
More Financials
Chart ARCHER DANIELS MIDLAND COM
Duration : Period :
Archer Daniels Midland Com Technical Analysis Chart | ADM | US0394831020 | 4-Traders
Full-screen chart
Technical analysis trends ARCHER DANIELS MI...
Short TermMid-TermLong Term
TrendsBearishBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 44,2 $
Spread / Average Target 3,9%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Juan Ricardo Luciano Chairman, President & Chief Executive Officer
Ray G. Young Chief Financial Officer & Executive Vice President
Todd A. Werpy Chief Technology Officer & Senior Vice President
Martin R. Schoenthaler Chief Information Officer
Patrick J. Moore Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ARCHER DANIELS MIDLAND..16.03%25 202
NESTLE SA4.56%250 552
KRAFT HEINZ CO22.18%108 310
MONDELEZ INTERNATIONAL..-3.93%66 888
DANONE9.41%50 446
GENERAL MILLS, INC.23.81%42 568
More Results