Profits are down at Archer Daniels Midland. The Decatur company says its fiscal first-quarter profit dropped 60 percent. ADM brought in 182-million dollars for the first quarter, which ended September 30th. That's down from 460-million during the same time last year. Company officials say their decision to sell the Mexican food company Gruma is part of the reason profits are low.
(posted 4:24 p.m. 10/30/2012 by Alex Degman)
(posted 4:24 p.m. 10/30/2012 by Alex Degman)