Paltry Ethanol Margins Hinder Archer Daniels Midland's Profits in Fiscal Third-Quarter 2012, an Industrial Info News

Wed May 2, 2012 6:30am EDT

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  SUGAR LAND, TX, May 02 (Marketwire) -- 
Researched by Industrial Info Resources (Sugar Land, Texas) --
Agricultural product leader Archer Daniels Midland Company (NYSE:ADM)
reported weakened earnings in the company's fiscal third quarter of 2012,
as diminished ethanol margins and a turbulent European market proved to
be a drag on profits. Net earnings for the quarter were reported to be
$399 million, a 30.97% decrease from fiscal third-quarter 2011.

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