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Updated: 10 hours 54 min ago

ADM profit plunges as floods, U.S.-China trade war batter grain handler

Thu, 08/01/2019 - 19:59
Global grain trader and food processor Archer Daniels Midland Co on Thursday reported a 41.3% drop in second-quarter adjusted profit and missed Wall Street expectations, after being battered by the U.S.-China trade war and severe U.S. weather this spring that disrupted production and transportation.

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