# ADM's rebound hinges on what its plants earn per ton

> ADM's crushing profit rose from $13 million to $311 million on about 1.6% higher global production, with adjusted EPS up to $1.77 from $0.92. Stronger North American crush margins came from higher domestic biofuel demand after renewable volume obligations were finalized in March, alongside higher energy prices, and better plant reliability.

- Date: 2026-11-03 · published 2026-11-04T00:56:19.249Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/78904-adm-s-rebound-hinges-on-what-its-plants-earn-per-ton
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Stronger soybean oil demand for biofuels combined with firm meal demand widened crush margins, supporting soybean crush activity and oil and meal values. Future earnings depend on the crush spread, so bean costs rising faster than oil and meal values would squeeze plant economics.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-09-29 | [Record Corn Crop Weighs on Prices Thru Harvest - ADM Investor Services](https://feedsoft.ai/events/22895-record-corn-crop-weighs-on-prices-thru-harvest-adm-investor-services.md) | +0.4% | +2.8% |
| SOY | 2026-02-23 | [USDA report addresses China’s what ifs – AgriNews](https://feedsoft.ai/events/14604-usda-report-addresses-china-s-what-ifs-agrinews.md) | +1.7% | +2.1% |
| SOY | 2026-04-01 | [US farmers to plant less corn as Iran war spikes fertilizer prices \| Reuters](https://feedsoft.ai/events/19743-us-farmers-to-plant-less-corn-as-iran-war-spikes-fertilizer-prices-reuters.md) | -0.8% | +1.0% |
| SOY | 2019-02-11 | [Reaction to Much-Anticipated Reports Not Quite What Expected - ProAg](https://feedsoft.ai/events/60554-reaction-to-much-anticipated-reports-not-quite-what-expected-proag.md) | -0.8% | -4.0% |
| SOY | 2017-03-30 | [What to expect from the next USDA Prospective Plantings Report? - farmdoc daily](https://feedsoft.ai/events/72024-what-to-expect-from-the-next-usda-prospective-plantings-report-farmdoc-daily.md) | -2.6% | -2.4% |
| SBM | 2026-02-23 | [USDA report addresses China’s what ifs – AgriNews](https://feedsoft.ai/events/14604-usda-report-addresses-china-s-what-ifs-agrinews.md) | +3.4% | +6.9% |
| SBM | 2019-12-12 | [China’s animal feed demand to rebound by 8% in 2020 \| Feed Strategy](https://feedsoft.ai/events/55584-china-s-animal-feed-demand-to-rebound-by-8-in-2020-feed-strategy.md) | +3.3% | +1.8% |
| SBM | 2021-03-31 | [Futures hit limits as USDA fails to deliver corn, soybean planting hike - Fastmarkets](https://feedsoft.ai/events/48140-futures-hit-limits-as-usda-fails-to-deliver-corn-soybean-planting-hike.md) | +2.3% | +5.4% |

## Sources

- alphasumer.com: https://www.alphasumer.com/post/adm-s-rebound-hinges-on-what-its-plants-earn-per-ton

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.