Home
Markets
EquipmentMart
Ads/Auctions
Weather
News
Radio
ILFB.org
Blogs
FarmWeekNow
FWNow by E-mail
FarmWeek Mobile
Contact Us
Main Markets
Cash Strategist
DDG/Energy Page
Submit Classified Ad
FW Classifieds
Auctions
Watch Us Grow
Main News
Cropwatchers
Main Radio
Staff
Affiliates
About RFD Radio
Standing Out in the Field
Tweet
Post to Your Wall.
ADM sees lower earnings
Lower exports and losses in ethanol processing caused profits to fall by 25% in the fourth quarter.
Compiled by staff
Published: Jul 31, 2012
Archer Daniels Midland Co. (ADM) is acquiring a port terminal in northern Brazil to enhance its export capability out of the country.
The company also reported profits fell 25% in the fourth quarter, due in part to lower export volumes as grain supplies in the U.S. dwindled.
ADM, based in Decatur, Ill., expects ethanol margins to turn positive in the current quarter, Chief Operating Officer Juan Luciano said. The company's ethanol business suffered a $61 million loss in the quarter, versus a $172 million profit a year ago.
Permalink:
Click here
Comments
Read comments from others and share your own thoughts.
Please provide the answer to the following question:
=
Search this site:
Read More Stories
Crop insurance key IFB focus in Senate debate
With Senate farm bill debate anticipated this week, Farm Bureau is girding up to protect crop insurance and other key programs in what could shape up as a heated floor fight.
Read this story
Finally! Some significant planting progress
Most farmers in Illinois this week finally were able to work fields for multiple days.
Read this story
Cattle on feed numbers down 3%
On-feed numbers and placements were higher than trade estimates. We have commentary on today's report from Derrell Peel, Oklahoma State University ag economist.
Read this story
Today
Week
Month
Finally! Some significant planting progress
Nitrogen monitoring, post-planting applications key trends
Crop insurance key IFB focus in Senate debate
Cattle on feed numbers down 3%
Rainy week ahead for Illinois farmers
Informa revises crop forecasts
Illinois farmland values keep going higher
Chicago Fed: Farmland values rise in first quarter of 2013
Farmers who own mini-bulk pesticide tanks must comply
DuPont/Monsanto accord encouraging industry signal
Top 50
Tags
VISIT THE ILLINOIS FARM BUREAU WEBSITE
/
ABOUT ILLINOIS FARM BUREAU
Powered by iNet Solutions Group   ©2013 All rights reserved.