NEWS
Market Matters
Katie Micik DTN Markets Editor
Tue Aug 5, 2014 09:54 AM CDT

The merchandising and agribusiness divisions of two of the nation's largest grain trading companies are once again making a profit.

Archer Daniels Midland Company and Bunge have both struggled with transportation issues and sourcing grain from reluctant farmers this year, but it appears the tides have turned, based on their second quarter financial reports. What's more, both companies see the strong performance in the second half of the year.

A few key points show up in each company's press releases. Favorable ethanol production margins played a big role. The renewal of export business was another. Lower crop prices and anticipation ...

Quick View
Related News Stories
(none currently available)