Archer Daniels Midland's Ag Services operating profit rose 26% year over year to $200 million in the first quarter of 2026, driven by higher soybean and sorghum shipments to China and a robust U.S. corn export program. Management noted the prior-year quarter was weighed down by export duties, making the improvement more notable. The company raised its full-year adjusted EPS guidance, assuming China will resume more normalized soybean purchasing and citing a more constructive biofuels environment. ADM acknowledged risks from global trade policies and tariffs but believes its diversified origination and logistics network positions it to adapt to shifting trade flows.
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United Natural Foods IncArcher-Daniels-Midland CompanyAg Services operating profit jumped 26% and full-year EPS guidance raised.