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04.
08.15
16:38

Ethanol, grain trading hits drag ADM profits below forecasts

Archer Daniels Midland revealed a bigger drop in earnings than investors had expected, undermined by a drop in ethanol margins, besides the late-June grains rally which hurt profits at rival Bunge too.

ADM - with Bunge, Cargill and Louis Dreyfus one of the "ABCD"

Source
Agrimoney.com
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