Headline Details

UPDATE 5-ADM considers ethanol spinoff as Q1 profit falls on severe weather

Published on: Fri, 26 Apr 2019 18:24:26 UTC
News Agency: Reuters
Description:
Archer Daniels Midland Co said on Friday it was considering spinning off its ethanol business after slim biofuel margins and Midwestern floods slammed the U.S. grains merchant's profit, which tumbled 41% in the first quarter.

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