News
01 August 2024

ADM and Bunge miss profit expectations after US demand declines

In:
Agri/Soft Commodities
Region:
Americas

Global grains merchant Archer Daniels Midland Co missed Wall Street expectations for Q2 profit on 30 July, hit by lower soy crush margins and waning demand for US crops.The company reported adjusted profit of $1.03 per share for the three months to June 30, against analyst expectations of...

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