Companies / ADM
NYSEArcher-Daniels-Midland (ADM) in our theses
Archer-Daniels-Midland appears in one of our theses. Below is why it entered the basket and how it has done since publication.
The Iran war prices gasoline, the harvest prices corn: America's ethanol plants sit on the widening gap
A war driven fuel rally meets a cheap record corn crop, and almost the entire spread lands in the crush margins of US corn ethanol producers.
Where these numbers come from
The reference price is recorded on the thesis publication date and never changed afterwards. The current price is refreshed several times a day. Returns are in the listing currency and exclude dividends, so for dividend payers the real total return was somewhat higher.
This is not a recommendation to buy or sell. A company enters a basket as a beneficiary of the mechanism described in the thesis, and the full argument is on each thesis page.
See all of our theses
Each with a publication date, a causal map and a score assigned before the market ruled.
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