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What ADM should do instead of buying another low-margin grain merchant

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Jan 24, 2018 at 04:30 PM CST
http://www.chicagobusiness.com/article/20180124/BLOGS10/180129963/adm-should-sell-its-grain-merchant-business-not-buy-bunge Archer Daniels Midland's reported interest in acquiring a rival grain merchant raises questions about the agricultural commodity giant's strategic direction. CEO Juan Luciano has seemed intent on ramping up growth in more-profitable specialty ingredients since taking charge three years ago. But a buyout of Bunge would expand ADM's presence in low-margin commodity businesses that already represent nearly half its $60 billion-plus in annual revenue.

Jan 24, 2018 at 04:30 PM CST