date:Aug 07, 2013
ayed U.S. harvest.
Oilseeds Processing profit in the quarter decreased to $321 million from $331 million in the previous years second quarter. Weaker cocoa results offset a solid performance in crushing and origination. Tight crop supplies in North America resulted in weaker soy and softseed crush margins.
Due to improved ethanol results, Corn Processing profit increased to $223 million from $74 million. Operating profit in Agricultural Services fell to $81 million from $123 million.
ADMs net