ADM cuts 2025 profit outlook on biofuel and trade uncertainty, shares sink
Yahoo Financeยท2025-11-04 15:35
By Karl Plume and Katha Kalia (Reuters) -Grains trader Archer-Daniels-Midland cut its 2025 profit forecast for a third straight quarter on Tuesday as U.S. biofuel policy uncertainty and global trade disruptions pressured oilseed crush margins. Shares were down about 1% at midmorning after tumbling nearly 11% in premarket trading. ADM and its agribusiness peers have seen earnings erode in recent quarters due to ample global crop supplies and commodities market upheaval that has thinned margins. U.S. Pre ...