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UPDATE 1-ADM scaling back global sugar trading - sources

2015-05-23 06:19:31| Agriculture - Topix.net

U.S. agribusiness Archer Daniels Midland Co is scaling back its modest-sized sugar trading operations and the London-based head of that business has left after less than four years, trade sources said, a sign of the sugar market's deepening woes. Alberto Peixoto joined as global head of the company's sugar desk 3-1/2 years ago, according to his LinkedIn profile.

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