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Stock impact report

UPDATE 4-China retreats from U.S. sorghum probe amid global market havoc [Reuters]

Archer-Daniels-Midland Company (ADM) 
Last archer-daniels-midland company earnings: 4/29 04:05 pm Check Earnings Report
US:NYSE Investor Relations: adm.com/contact-us/investor-relations
Company Research Source: Reuters
UPDATE 4-China retreats from U.S. sorghum probe amid global market havoc | Reuters Reuters Staff 6 Min Read * Move brings relief to Chinese importers, U.S. farmers * Seen as goodwill gesture while China vice premier in Washington * China launched probe in February, imposed duties in April * ADM has warned dispute will hurt trading profits (Adds comments from ADM, Kansas governor and U.S. trade group, and U.S. market reaction) By Hallie Gu and Tom Polansek BEIJING/CHICAGO, May 18 (Reuters) - China dropped its anti-dumping probe into imports of U.S. sorghum on Friday, beating a hasty retreat from a dispute that wreaked havoc across the global grain market and raised concerns about rising costs and financial damage at home. The move was seen as a goodwill concession as Chinese Vice Premier Liu He was in Washington for talks aimed at resolving trade tensions between the world’s two largest economies. The end of the investigation came as a huge relief to U.S. sorghum growers, who saw sales Show less Read more
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