Crop Trading Giant ADM Sees Years of Tight Markets Fueled by War

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Archer-Daniels-Midland, one of the world’s biggest agricultural traders and processors, predicted several years of tight supplies due to a confluence of smaller crops in the Americas and the war in Ukraine

, one of the world’s biggest agricultural traders and processors, predicted several years of tight supplies due to a confluence of smaller crops in the Americas and the war in

Ukraine. its most profitable quarter ever, helped by strained crop supplies that boosted trading margins as well as growth in its nutrition segment. ADM shares gained as much as 5.5%.

 

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