- Adjusted EPS of $0.55 excludes approximately $159 million in pretax LIFO charges, or $0.15 per share.
- Oilseeds Processing operating profit increased $50 million, as North American soybean crushing had strong utilization amid good meal demand, and South American soybean crushing and origination benefited from large harvests, good demand, and an improved logistics environment.
- Corn Processing operating profit increased $64 million on strong results from ethanol.
- Agricultural Services operating profit increased $2 million, as market conditions and higher costs limited merchandising and handling margins.
ADM Reports Adjusted First Quarter 2014 Earnings Of $0.55 Per Share
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