ADM Studies Options for Corn Dry Mills as Ethanol Margins Slump

  • The review comes as ADM takes a `fresh look' at capital use
  • ADM spent $1.3 billion since 2006 to build two dry mills

Archer-Daniels-Midland Co., the largest U.S. ethanol producer, is looking at strategic options for its corn dry mills as its efforts to boost returns are held back by lower profit margins and an oversupply.

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