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ADM profits dragged lower by failed GrainCorp bid

2014-02-04 18:18:32| Agriculture - Topix.net

Archer Daniels Midland unveiled a 27% drop in earnings as a hefty charge related to GrainCorp, the subject of an ill-fated bid attempt, overshadowed a sharp boost to grain processing profits from a tumble in corn prices.

Tags: lower bid failed profits

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