Shares of Archer Daniels Midland (ADM +5.4%) pick up steam after the company easily clears the...

|About: Archer Daniels Midland Co. (ADM)|By:, SA News Editor

Shares of Archer Daniels Midland (ADM +5.4%) pick up steam after the company easily clears the consensus mark of analysts with its FQ3 report. The company's corn-processing business knocked out sales 15% higher Y/Y on volumes that were up 9.6%, helping to offset weakness in the ethanol and oilseeds businesses.