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DOJ probes Archer-Daniels-Midland’s accounting standards

Image of grain being harvested.
Photo: Alexander Koerner/Getty Images
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Julie DiMauro

2 min read

Employees have received subpoenas from DOJ about accounting practices.

Grain trader Archer-Daniels-Midland (ADM) has reported that it slightly altered its financial results between 2018 and 2023 and that a number of its employees have been subpoenaed by the US Department of Justice (DOJ), which is investigating the firm. ADM said the subpoenas followed a document request by the SEC.

The DOJ

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