ADM Net Gains 7% With Help From Volatile Markets

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February 04, 2008
Source
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.
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  • 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)

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