ADM says anticipating "challenging" 2025, focused on controlling costs-March 2024-www.financetom.com

ADM says anticipating "challenging" 2025, focused on controlling costs

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ADM says anticipating "challenging" 2025, focused on controlling costs

Dec 3, 2024 8:07 AM

CHICAGO, Dec 3 (Reuters) - Global grains trader

Archer-Daniels-Midland ( ADM ) said on Tuesday the company is

focusing on controlling costs as a "challenging" commodities

cycle that has eroded profits is likely to continue into 2025.

Low crop prices and uncertainty around biofuels regulations

are among headwinds for ADM, while a possible tariff battle

between the United States and China could upend global trade

flows as soon as January, the company said in an earnings call

on Tuesday.

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