While soft commodities prices continued to dwindle at the close of 2017, the year closed on a high note for food-processing giant Archer Daniels Midland, which had otherwise been plagued the prior year by a strong dollar and a grain surplus. Chicago-based ADM—which produces goods like soy proteins, corn, wheat, and sweeteners for customers on six continents—grew earnings from $1.3 billion in 2016 to $1.6 billion in 2017. At the close of 2017, ADM agreed to sell off its Bolivian oilseeds business as word of a possible takeover of commodity trader Bunge spread. (The talks have reportedly ceased.)
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