# ADM offsets Q4 losses with strong ethanol results but market starting to turn  : The Daily Digest

> ADM posted a 41% drop in Q4 profits, though its corn processing unit performed better on steady ethanol and corn product demand. The company is considering the future of its dry mill ethanol plants as margins turned negative, citing weak stocks, negative crush margins and lower Chinese demand for ethanol and DDGS.

- Date: 2017-02-07 · published 2017-02-07T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/72485-adm-offsets-q4-losses-with-strong-ethanol-results-but-market-starting-to-turn
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Negative crush margins and reduced Chinese DDGS demand point to lower soybean meal and DDGS values, signaling pressure on feed ingredient prices.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- DDGS: bearish ▼

## Sources

- biofuelsdigest.com: https://biofuelsdigest.com/adm-offsets-q4-losses-with-strong-ethanol-results-but-market-starting-to-turn/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.