
ADM reported third-quarter net earnings of $821 million, up from $108 million a year earlier, on revenue of $22.34 billion. Results were driven by strong North American crush and biofuel margins, with Ag Services and Oilseeds operating profit up 105%.
Strong crush and biofuel margins reflect robust soybean crushing, which supports soybean meal and oil output and keeps meal supply ample. The results point to strong processing demand rather than a new price shock.
Not enough comparable past events yet for a historical read.
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.