Archer-Daniels-Midland has updated its forecast for annual profit. The company now expects to earn more than initially predicted. This change is due to a positive outlook for oilseed processing.
The company's quarterly earnings were also better than expected. Archer-Daniels-Midland announced these results on Tuesday. Further information on the company's updated forecast and quarterly earnings can be found through Reuters, as reported in the Galveston County Daily News.
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