Archer Daniels Midland Company has strong fourth quarter profits. Rising biofuel demand and strong ethanol margins doubled operating profits for the carbohydrate solutions division. However, high energy and grain costs impacted the earnings at the corn processing, core ag services and oilseeds segment, all lower than the previous year at this time. ADM CEO Juan Luciano said ADM looks forward to the strong crop demand and biofuels in 2022. Read more.
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