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Investigation into Agricultural Processing Giant ADM Raises Controversy over Nutritional Claims

Financial Times LogoFinancial Times1 mo ago

 Investigation into Agricultural Processing Giant ADM Raises Controversy over Nutritional Claims - Financial Times

Quick Summary:

ADM is a low-profile company that plays a pivotal role in global food supplies, buying crops from farmers for processing into bulk ingredients, animal feed and motor fuel or shipping to customers around the world.

In 2022, the nutrition division’s operating profit grew by just 6.5 per cent, a far cry from double-digit growth rates touted by Luciano a few years ago.

The bulk of this came from ADM’s trading-heavy agricultural services and oilseeds business, but the nutrition segment benefited too.


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Article Details

Author / Journalist: Susannah Savage

Category: MarketsFinanceInvesting

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-01-23 @ 22:53:49 (1 months ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 915 words

Reading Time: 6 minutes read

Sentences: 34 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 19849778

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About Financial Times

Financial Times Logo

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 18 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

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  • URL: https://beamstart.com/news/probe-inside-crop-giant-adm-17060538649978

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