Archer Daniels Midland Co (ADM.N)
20 Jun 2018
CHICAGO The current trade conflict between the United States and China "will lead to serious consequences for economic growth and job creation," global commodities trader Cargill Inc [CARG.UL] said on Friday.
CHICAGO, June 15 The current trade conflict between the United States and China "will lead to serious consequences for economic growth and job creation," global commodities trader Cargill Inc said on Friday.
* Seen as goodwill gesture while China vice premier in Washington
CHICAGO/NEW YORK Global grain merchants Archer Daniels Midland Co and Bunge Ltd can withstand agricultural trade disruptions arising from U.S.-China tensions and potentially profit from them, company executives said on Wednesday.
CHICAGO, May 16 Global grain merchant Archer Daniels Midland Co (ADM)feels it can manage its supply chain to adapt to China's threatened tariffs on imports of U.S. soybeans, Chief Financial Officer Ray Young said on Wednesday.
* Prolonged China-U.S. trade standoff would hit plant utilization (Adds details, CEO comment on outlook)
SINGAPORE, May 10 Singapore-listed commodity trader Wilmar International Ltd posted a 40.6 percent fall in its first-quarter net profit on Thursday, citing weaker performance in its tropical oils segment and seasonal losses in its sugar business.
* ARCHER DANIELS MIDLAND CO - NEW DIRECTOR MICHAEL S. BURKE ELECTED
May 2 U.S. soybean sales to China ground to a halt after Beijing threatened tariffs on imports, the CEO of agricultural trader Bunge Ltd said on Wednesday, the latest sign of mounting trade tensions upsetting the global flow of commodities.
May 1 Archer Daniels Midland Co on Tuesday reported a 16 percent increase in quarterly profit, boosted by improved results in its soybeans business, even as the company warned that the ongoing U.S.-China trade dispute could pinch revenues in coming quarters.