Commodity Price Volatility: Fluctuations in agricultural commodity prices for grains, oilseeds, and sweeteners directly impact ADM's input costs, sales revenue, inventory valuation, and hedging effectiveness.

Global Supply Chain Disruptions: Events such as adverse weather, geopolitical conflicts, transportation bottlenecks, or disease outbreaks can significantly disrupt ADM's ability to source, process, and deliver products, leading to increased costs, delays, or lost sales.

Regulatory and Environmental Compliance Risks: ADM operates globally and is subject to complex and evolving food safety, environmental protection, and trade regulations. Non-compliance can result in substantial fines, operational restrictions, and damage to its reputation.