ADM · 10-Q · 2026Q2 · Full report

Supply Chain Logistics Constraints

Archer-Daniels-Midland Co · 2026-08-04 · Importance 20 · Surprise 24

Global Trade faced freight supply concerns, logistical dislocations including Panama Canal congestion, and increased bunker costs. Transportation benefited from higher freight rates associated with strong corn demand, which more than offset volume constraints. South American export performance improved after the Barcarena, Brazil, grain terminal returned to full operations, increasing soybean exports supported by higher farmer selling. The company also reported higher freight costs across its agricultural commodity businesses.