Archer Daniels Midland's CEO Discusses Q2 2012 Results - Earnings Call Transcript

Archer Daniels Midland (ADM)

Q2 2012 Earnings Call

January 31, 2012 9:00 am ET

Executives

Dwight Grimestad - Vice President of Investor Relations

Patricia A. Woertz - Executive Chairperson, Chief Executive Officer, President and Chairman of Executive Committee

Ray G. Young - Chief Financial Officer and Senior Vice President

Juan R. Luciano - Chief Operating officer, Executive Vice President and Member of Risk Management Committee

Craig E. Huss - Chief Risk Officer, Senior Vice President and Chairman of Risk Management Committee

Analysts

Vincent Andrews - Morgan Stanley, Research Division

David Driscoll - Citigroup Inc, Research Division

Kenneth B. Zaslow - BMO Capital Markets U.S.

Christina McGlone - Deutsche Bank AG, Research Division

Ryan Oksenhendler - BofA Merrill Lynch, Research Division

Diane Geissler - Credit Agricole Securities (USA) Inc., Research Division

Christine Healy - Scotiabank Global Banking and Market, Research Division

Lindsay Mann - Goldman Sachs Group Inc., Research Division

John E. Roberts - Buckingham Research Group, Inc.

Ann H. Gurkin - Davenport & Company, LLC, Research Division

Christine McCracken - Cleveland Research Company

Ian Horowitz - Topeka Capital Markets Inc., Research Division

Presentation

Operator

Good morning, and welcome to the Archer Daniels Midland Second Quarter 2012 Earnings Call. [Operator Instructions] As a reminder, this conference call is being recorded. I would now like to introduce your host for today's conference call, Mr. Dwight Grimestad, Vice President, Investor Relations for Archer Daniels Midland Company. Mr. Dwight Grimestad, you may begin.

Dwight Grimestad

Thank you, Christie. Good morning, and welcome to ADM's Second Quarter Earnings Conference Call. Before we begin, I would like to remind you that we are webcasting this presentation on our website, adm.com. And the replay will also be available at that address.

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