Archer-Daniels-Midland Co. has raised its 2026 profit outlook for the second time, highlighting the growing importance of biofuels to the crop trader’s business plans.

The company is increasingly positioning biofuels as a key source of future growth. The revised outlook signals stronger expectations for the sector’s contribution to ADM’s earnings.

ADM’s update comes as the agricultural commodities company seeks to build growth beyond its traditional crop-trading operations. Biofuels are becoming a more prominent part of its strategy as it looks toward 2026.

The higher forecast marks the latest change to ADM’s profit expectations and underscores the company’s focus on biofuels as a major business driver.