News Summary

• The nutrition business subsequently struggled with demand for changes in the formulation of products including alternative protein used in veggie meats.To make matters worse, the industry is expanding soybeans processing capacity in the US fast, boosting competition for ADM and threatening to hurt profits..
• Growth was less than 7% in 2022, and earnings shrank by a fifth in 2023, according to analysts’ estimates compiled by Bloomberg.Still, the company plowed on, announcing two ingredients acquisitions in December..
• Indeed, operating earnings for nutrition would go on to rise more than 20% that year, but the momentum soon faded..
• While the company trimmed its 2023 earnings forecast, questions clearly remain over the full impact of what has occurred internally, and investors have priced in a major hit..
• Companies producing specialty ingredients were in high demand in the immediate aftermath of the invasion, as food makers sought to tweak recipes.But that gain was limited once the worst of the disruption had eased..
• With information spreading faster and faster, the traders have sought to diversify their business..