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RPT-UPDATE 2-GrainCorp charges hurt ADM profit, overshadow lower corn cost

2014-02-04 22:50:03| Food - Topix.net

U.S. agribusiness giant Archer Daniels Midland Co said Tuesday it remained committed to expanding its global reach to satisfy Asia's fast-growing demand for food, despite a failed bid to acquire Australian grain handler GrainCorp Ltd. Charges relating to the GrainCorp deal contributed to a 27-percent drop in ADM's fourth-quarter profit, ... (more)

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