Favorable Merchandising Outlook Outweighs Near-Term Impact of Chinese Crop Tariffs; Maintain ADM FVE
Archer Daniels Midland reported mixed first-quarter results as higher oilseeds profits were partially offset by reduced transportation profits in the origination segment. Companywide operating profit grew nearly 2% year on year to $547 million. Although ADM will face some near-term headwinds relating to China’s proposed tariffs on U.S. crops, including soybeans and sorghum, the current favorable grain merchandising conditions will outweigh the impact of the tariffs. While we’ve made some slight ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.