Archer Daniels Midland's Management Review Oilseeds Processing Business (Transcript)

Archer Daniels Midland Co. (ADM)

March 28, 2012 2:00 am ET


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

Matthew J. Jansen - Senior Vice President and President of Oilseeds Business Unit

Greg Morris -

Valmor Schaffer - President of South America

Brent Arthur Fenton - Managing Director

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


John E. Roberts - The Buckingham Research Group Incorporated

Unknown Analyst

David Driscoll - Citigroup Inc, Research Division


Juan R. Luciano

Good morning. I'm Juan Luciano, and I would like to thank you all for joining us in Hamburg. Pretty pleased to be here with you today to describe our Oilseeds business. We really have a great agenda we put together, a combination of presentations, some material that you see on the back and a plant tour. And I think this will provide you the opportunity today to take a deep dive into our Global Oilseeds business and, perhaps, more importantly, have the opportunity to interact with the wonderful management team that runs the business.

The way we're going to start is I would provide a brief introduction on ADM, cover some of the trends that we're facing in the agriculture industry and how we are positioned in our strategies to capitalize on those trends. After that, I will turn it over to Matt Jansen, the Global Oilseeds President; and he will be joined by Greg Morris, who will cover North America; Valmor Schaffer, who will cover Europe; our Host and President of Europe, Brent Fenton, who will cover Europe and sub-continent India. Then after that, we will have a

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