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Thursday, July 26, 2012

“Rising food prices remain ADM’s biggest threat”

“Rising food prices remain ADM’s biggest threat”

“Rising food prices remain ADM’s biggest threat,” Caplinger wrote. “High corn prices have pressured earnings for some time.” And it’s not just corn that ADM has to worry about. Bloomberg News reports that cocoa prices are expected to rise at least 50 percent in coming years due to industry changes in West Africa.

Caplinger wrote that another challenge facing ADM is competition, particularly in international markets.

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