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ADM Moving Away From Ethanol, High Fructose Corn Syrup

2015-05-27 00:18:57| Food - Topix.net

Archer Daniels Midland is shifting toward new uses for corn in light of lagging demand for two of its most prominent products. Ethanol - which is dealing with rising vehicle fuel efficiency and stagnant gasoline blending requirements - primarily contributed to a steep drop in the Chicago-based agribusiness giant's first-quarter corn profits.

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