Archer-Daniels-Midland: Unique Food Inflation Hedge At Buy Inflection Point

  • ADM’s extraordinary 10%+ earnings yield is worthy of more research by itself.
  • Similarly high earnings yields have produced excellent entry points for investors since 2008.
  • The dividend yield/income story is underrated and underappreciated, with the potential for large payout increases over the next 2-3 years.
  • If the Fed begins another round of QE buying and lowers interest rates to combat a recession soon, grain prices and ADM are primed for a big climb during 2024-25.

Archer-Daniels-Midland (NYSE:ADM) is a company I have mentioned at various times over my 10 years writing on Seeking Alpha. The most bullish stories were posted after the pandemic selloff, represented by this March 2020 effort here