ADM Reports Third Quarter Earnings per Share of $1.52, $1.63 on an Adjusted Basis
South American origination results were higher year-over-year, as the team delivered significantly higher volumes and margins on strong export demand.
- South American origination results were higher year-over-year, as the team delivered significantly higher volumes and margins on strong export demand.
- Effective risk management and higher volumes and margins in Global Trade led to strong results, however, lower year-over-year.
- In the quarter, there were large net positive mark-to-market timing effects, which were lower than the net positive impacts in the prior year quarter.
- Other Business results were significantly higher than the prior-year quarter due to improved ADM Investor Services earnings on higher net interest income.