Jul 29, 2020

ADM releases 2Q numbers Thursday

Posted Jul 29, 2020 7:45 PM

HUTCHINSON, Kan. — ADM will bring some answers to whether the pandemic has stunted exports and sales of their products when they release their second-quarter earnings Thursday morning. 

The oilseed company with five elevators in Hutchinson reported first-quarter adjusted earnings per share of $0.64 compared with $0.46 for the same period a year ago. But things could look quite different since this quarter will strongly reflect the effects of the pandemic. 

ADM employs about 55 workers in Hutchinson.