Archer-Daniels-Midland Co at Bank of America Global Agriculture and Materials Conference Transcript

Mar 01, 2023 / 02:30PM GMT
Stephen V. Byrne - BofA Securities, Research Division - MD in Americas Equity Research & Research Analyst

Welcome back. [Saul] and I are going to a double team, Greg Morris from ADM. But it's a pleasure to have ADM with us here today. Greg's been with ADM for 3 decades, I believe, been involved in essentially all of their businesses. He's currently President of Ag Services and Oilseeds. So it's great to have you, Greg, you want to give us maybe a brief outlook for 2023, and then we'll jump into some Q&A.

Gregory A. Morris - Archer-Daniels-Midland Company - Senior VP and President of Agricultural Services & Oilseeds

Sure. Well, thanks, Stephen and thanks Saul. So I thought maybe I'd just start by just a quick reflection on kind of where we've been, where we are and where we're headed as an organization. And I'll start by saying a number of years ago, we got the organization really focused on the basics, cash, cost, capital and really renewed focus on the customer. As part of that, we really try to emphasize the importance of quality of earnings in

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