Headline Details

ADM's move to spin off ethanol assets speaks to industry's woes

Published on: Fri, 26 Apr 2019 18:10:35 UTC
News Agency: Reuters
Description:
Biofuels pioneer Archer Daniels Midland took another step toward abandoning its pure-play ethanol assets on Friday, the latest sign of the industry's struggles with U.S. President Donald Trump's trade wars, thin margins, and overproduction.

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