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Archer-Daniels-Midland Stock Higher on China Embargo Threats
Schaeffers Investment Research· 2025-10-15 14:41
Archer-Daniels-Midland Co (NYSE:ADM) shares are up 2.8% to trade at $63.60 at last check, with President Donald Trump's threatened cooking oil embargo on China giving U.S.-based agriculture stocks a boost.ADM already sports a 26% year-to-date lead, and is today on track for a third consecutive gain. The equity earlier hit a 12-month high of $64.57, though overhead pressure at $65 has been keeping a lid on further gains.The security could benefit from a shift in sentiment, as 10 of the 11 analysts in coverag ...