Archer Daniels Midland profit misses estimates
BPC Staff Feb 5, 2019 | 4:59 pm
<1 min read time
51 wordsAll Latest News, Energy, Insurance, Statewide NewsReuters: U.S. grains trader Archer Daniels Midland Co. today missed Wall Street estimates for quarterly profit, hurt by higher expenses and lower margins in its origination business. The crop trader has been facing a slump in commodity prices due to a global soy and corn surplus and the U.S.-China trade dispute.