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ADM reported a profitable second quarter for its ethanol business despite lower margins. The results reflect continued operating earnings in the ethanol segment during a period of weaker crush economics.
Profitability at a major processor despite lower margins suggests ethanol and co-product plants are still running, which supports steady corn demand.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.