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ADM reported fourth-quarter 2018 earnings per share of 55 cents, down sharply from a year earlier and below analyst estimates. Its oilseeds business nearly doubled profit, helped by low US soybean prices and high global soymeal prices.
Strong crush margins signal robust processing demand for soybeans and soymeal, but the report also shows that China's soybean tariffs disrupted US export trading volumes.
commodityconversations.comAgriCensusFeb 6, 2019Not 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.
