Archive for August 4th, 2016

CHICAGO, ILLINOIS, U.S. — Despite a 26% decline in earnings and 9% dip in sales during the second quarter of fiscal 2016, Archer Daniels Midland Co.’s (ADM) top executive reflected on several successes during the quarter while offering an outlook for better opportunities over the second half of the year.

In the company’s Ag Services segment, ADM started operations at its Medsofts joint venture in Egypt during the second quarter, a move Juan Luciano, chairman and chief executive officer, said ...