Biofuels Boom Powers Another ADM Outlook Raise
ADM Q2 profit surges 75% on booming biofuels & crush margins. Archer-Daniels-Midland raises FY26 profit outlook.
ADM made way more money than expected because biofuels—fuels made from plants—are selling really well right now. The company thinks it'll make even more money for the rest of the year, which usually means things are going better than they planned.
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