Investopedia: Drought Shrivels ADM's Near-Term Prospects

The outlook for the agricultural sector has changed significantly since the first quarter of this year. While talk was of record corn plantings and a bumper harvest, adverse weather has made drought the word of the summer. As Archer Danields Midland (NYSE:ADM) transitions from the old crop year to the new crop year, the drought is likely to hit this business in a significant way. The long-term potential of ADM is still worthwhile, and investors ought to keep an eye open for overreactions on the down side, but the next few quarters are likely to be difficult at best.

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