
ADM reported third-quarter 2026 net income of US$821 million and adjusted profit of US$858 million. Its Agricultural Services and Oilseeds division posted operating profit of US$778 million, up 105% year on year, on stronger crushing margins and biofuel demand.
The company also raised its adjusted EPS forecast for the year.
Strong crush margins signal high soybean crushing and soybean meal output, with robust US biofuel demand supporting soybean oil use. Record South American crush and Brazilian biofuel policy uncertainty point to ongoing pressure on regional margins.
After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.