HUTCHINSON, Kan. — The third quarter earnings reports continue on Friday when Archer Daniels Midland releases its earnings report.
The oilseed giant hopes to post another positive quarter after overcoming the pandemic driven market. The company reported second quarter earnings of $0.85 per share compared with $0.60 per share in 2019.
Revenue totaled $16.3 billion which was nearly the same as the previous year, and profits increased from $645 million to $813 million year-over-year.
ADM employs about 55 workers at five elevators in Hutchinson.