ADM · 10-Q · 2026Q3 · Full report

Inventory and Commodity Market Conditions

Archer-Daniels-Midland Co · 2026-11-03 · Importance 57 · Surprise 64

Inventory-related cash flow was a $1.4 billion outflow in the nine months ended September 30, 2026, compared with a $3.2 billion inflow in the prior-year period. The filing attributes the change primarily to higher commodity prices and volumes. It also notes that changes in trade payables were driven by changes in inventory levels.