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Headquartered in Chicago in the United States , food processing company Archer Daniels Midland specialises in producing and providing ingredients from raw crops such as grains . Products include high-fructose corn syrup , cocoa powder , and oils such as canola . It was first founded in Minneapolis in 1902 as a Linseed crushing business . In 2018 , the company made profits of $ 1.8bn with revenue totalling $ 64.3bn . It came in at 327th worldwide on Forbes ’ ranking . AUGUST 2019