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Global Trade Turmoil Catches Up with ADM

Some 55% of ADM’s $64.3B in revenue last year was generated overseas

2009 ADM Media Tour 251

According to a report from Crain's Chicago Business, early in the U.S. tit-for-tat tariff exchange with China, ADM was able to dodge the impact on U.S. farm exports.

The Chicago-based agricultural processor kept profits growing by boosting shipments of soybeans to China from South American countries.

It’s now clear that ADM’s massive business of trading and transporting corn, soybeans and other commodities can’t hide from an escalating trade conflict.

Some 55% of ADM’s $64.3 billion in revenue last year was generated overseas, much of it tied to products now essentially locked out of China.

Read the full article here.

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