Archer-Daniels-Midland flies to Mexico the week of a biofuels policy windfall

Archer-Daniels-Midland flew from Los Angeles to El Arenoso Airport near Guaymas, Mexico, on June 9, a 1-hour-20-minute hop in its Dassault Falcon 7X (N787AD). The flight arrived just after midnight local time, following a day of travel that began with the aircraft repositioning from the same Mexican airstrip to LAX earlier in the week.

The trip comes the same week Archer-Daniels-Midland is riding a wave of biofuels-driven profits. Per a Reuters report from April, the Iran war has boosted crude oil prices and lifted soybean oil prices to three-year highs, swelling crush margins for processors like Archer-Daniels-Midland. The company raised its 2026 adjusted earnings guidance to $4.15–$4.70 per share on May 5, per its SEC filing, citing “U.S. biofuels policy clarity” and strong crushing and ethanol demand. CEO Juan Luciano told analysts on the Q1 call that the company expects “strong immediate demand for soy and for oil and meal.”

Archer-Daniels-Midland’s home base is Chicago O’Hare, but its Falcon 7X has made multiple trips to the Guaymas area in recent weeks — including a June 1 visit — suggesting the site may host company operations or executive retreats tied to its growing North American agribusiness footprint. The timing aligns neatly with a quarter in which the company is capitalizing on a favorable regulatory and commodity environment.