ADM · 10-Q · 2026Q3 · Full report

Futures Brokerage Customer Activity

Archer-Daniels-Midland Co · 2026-11-03 · Importance 45 · Surprise 64

Payables to brokerage customers generated a $547 million cash inflow in the nine months ended September 30, 2026, down from a $1.8 billion inflow in the prior-year period. ADM attributes the decline primarily to lower customer balances supporting trading and margin requirements in its futures commission and brokerage business. The filing does not identify particular customer types or geographies beyond brokerage customers.

Key facts

• Changes in payables to brokerage customers were a $547 million cash inflow in the nine months ended September 30, 2026, compared with a $1.8 billion cash inflow in the prior-year period, primarily reflecting lower customer balances supporting trading and margin required within the Company’s futures commission and brokerage business. source