
Archer-Daniels-Midland reported third-quarter revenue of $22.3 billion and adjusted earnings per share of $1.77, and raised its 2026 EPS guidance to $5.50–$5.80. The recap also notes expectations that US biofuel policies will remain largely unchanged and ADM’s plan for a joint venture with CJ to supply feed-grade amino acids, including lysine.
Continued US biofuel policy support could sustain demand for corn-based ethanol and the corn used to produce it. A future amino-acid venture could add lysine supply, though the report gives no launch timing or volume.
After 318 past bullish policy events, Corn moved a median -0.1% over 5 sessions (48% higher; middle half -1.4% to +1.5%), and -0.2% over 20.
Not enough comparable past events yet for a historical read.
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.