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.