ADM Reports Lower Oilseed Processing Profits

摘要

Decatur, Illinois-based Archer Daniels Midland Company (ADM) reported on November 3 that third quarter profits in its Oilseeds Processing segment decreased $226 million on lower margins and production. Crushing and origination results declined $204 million due to lower production volumes resulting from a short global soybean supply, the company said. Crushing margins and fertilizer results decreased from high prior-year levels as demand was weaker.