ADM: Focus On Expenditures & Strengthening Overseas OperationsVW Staff
Archer Daniels Midland Company (NYSE:ADM), an agribusiness giant, reported earnings for its fourth quarter that missed analysts’ expectations, as weak margins, due to high corn prices meant that the ethanol division swung to a loss against last year’s profit. Grain trading activity was also affected adversely due to tight grain supplies, and this factor alone led to a 64 percent fall in its profit from the agricultural services business. However . . .
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