ADM Net Gains 7% With Help From Volatile Markets

Bookmark
februari 04, 2008
Bron
CNN Money
 Archer Daniels Midland Co. (ADM) on Monday reported a 7% climb in fiscal second-quarter net income despite shrinking margins, as the company's ability to capitalize on volatile commodity market conditions offset continued ethanol-related pains.
Among ADM's other businesses, oilseed processing profits grew 14% to $219 million due to strong global demand for protein meal and oil.
Like to receive news like this by email? Join and Subscribe!
Join Our Telegram Channel for regular updates!

Related Topics:

Ingredienten
Sponsored Content
Heat and Control - Leaderboard - 20220920

Uitgelichte Bedrijven

  • Archer Daniels Midland Company (ADM)

    Archer Daniels Midland Company (ADM) is a manufacturer of frying oils, various ingredients. ADM frying oil brand names include Superb (Canola), Golden Chef (Soybean) and Superb Select Power Sun (Sunflower)

Related News

Higher quotations across a range of commodities push the FAO Food Price Index to its highest level in 18 months
november 09, 2024

Higher quotations across a range of commodities push the FAO Food Price Index to its highest level in 18 months

The FAO Food Price Index (FFPI) averaged 127.4 points in October 2024, up 2 percent from its revised September level and the highest since April 2023. Price quotations for all commodities in the index, except meat, rose, with vegetable oils recording the largest increase at 7.3 percent.
Italy
Bookmark
Higher quotations across the board push the FAO Food Price Index up in September
oktober 05, 2024

Higher quotations across the board push the FAO Food Price Index up in September

The FAO Food Price Index (FFPI) stood at 124.4 points in September 2024, up 3 percent from August and marking the largest month-on-month increase since March 2022
Italy
Bookmark
The new Duynie logo
september 30, 2024

One Duynie brand exceeds the sum of its parts

As of October 1, 2024 there will be one Duynie brand. To further support the company's co-product partners and customers in achieving ambitious sustainability goals, this unified brand exceeds the sum of its parts.
Netherlands
Bookmark
Sponsored Content
Heat and Control - Leaderboard - 20220920

Latest News

Introducing the Next Generation of Dutch Tec Source BV Screw Blanchers: Unmatched Reliability, Lower Maintenance Costs and Less Product Breakage

Improved DTS Screw Blanchers: Unmatched Reliability, Lower Maintenance Costs and Less Product Breakage

Cavendish- and McCain-branded potato products in a Vancouver grocery store. Two U.S. class actions allege price-fixing by four leading potato companies.

Alleged 'potato cartel' accused of conspiring to raise price of frozen French fries, tater tots across the United States

AHDB and GB Potatoes agree on use of residual potato levy reserves to fund seven industry projects

TNA intelli-assist Digital twin of the tna mogul

TNA’s industrial XR solution makes Industry 5.0 a reality for food manufacturers

More Potato News
Sponsored Content
Sponsored Content
Sponsored Content
Sponsored Content

Waar

United States
United States
Verenigde Staten
Sponsored Content