~~KL?@R#F0J!]+7<<<:H;WG
SYSTEM PROCESSING...
~~KL?@R#F0J!]+7<<<:H;WG
SYSTEM PROCESSING...
Posted: 2025-04-15 11:35:41 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-15 11:36:01 UTC
Verified By
Rollup News
Global grain trader ADM is closing its domestic trading business in China, impacting 40-50 employees in Shanghai due to declining profits and US-China trade tensions.
Closure of Shanghai Toepfer domestic trading business by the end of September
Layoff of 40-50 employees in Shanghai
40% drop in operating profit for ADM's agricultural services and oilseeds division last year
Impact of US-China trade tensions on ADM's business
Declining crop prices
Inflation leading to reduced consumer demand
Weak crop processing profit margins
US-China trade tensions