Reported 1 day ago
Archer-Daniels-Midland (ADM) is prioritizing cost control as it navigates a challenging commodities environment likely to persist into 2025, driven by low crop prices, regulatory uncertainties, and potential trade disruptions. Amid declining profits and internal issues, the company acknowledges the need for strategic adjustments while remaining prepared for shifts in global trade. Despite a significant drop in share price this year, ADM is actively planning for various scenarios as it faces an uncertain market landscape.
Source: YAHOO