ADM is a long standing Fortune 500 company and been around since 1902. ADM has been a back bone company in Americas young history. Although RFK is coming for the seed oils, ADM is and will always will be a big dog in American agriculture. Also important to add that commodity prices have collapsed the last year and there aren't many signs of that changing yet. (A massive drought would reset the market.)
Hedge funds such as BlackRock, State Street and Geode Capital Management all have massive investment in ADM, amounting to a combined $4,191,840,000.
I believe that a lot of American agriculture will continue to be subsidies by the US government and the processing of oilseeds and grains will always be a part of America. I think this could be a value investment as we creep into the zone noted on the chart.
I like to apply the strategy of setting up weekly buys on investments such as this. It helps DCA your overall investment.