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Stock impact report

U.S. sorghum initially bound for China diverted to Saudi Arabia [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
U.S. sorghum initially bound for China diverted to Saudi Arabia | Reuters Reuters Staff 2 Min Read SINGAPORE/DUBAI (Reuters) - Three cargoes of sorghum from the United States bound for China have switched destinations to Saudi Arabia after being sold to a private buyer, a Middle East-based trading source with knowledge of the matter said on Tuesday. Thomson Reuters Eikon ship-tracking data showed a vessel carrying 69,842 tonnes of sorghum switch destinations to Dammam, Saudi Arabia from China earlier in the day. The three cargoes were sold to Saudi Arabia at a price of $190 a ton delivered, trade sources told Reuters. The BTG EIGER departed with U.S. sorghum from Archer Daniels Midland Co’s Corpus Christi grain elevator in Texas on March 3, according to the U.S. Department of Agriculture’s (USDA) Federal Grains Inspection Service. (GRAPHIC: Vessel bound for China carrying U.S. sorghum switches destination to Saudi Arabia - reut.rs/2Fbz0pV ) Several ships carrying U.S. sorghum to China Show less Read more
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