World’s Largest Crop Traders Are Finally Rewarding Wall Street
- ADM’s stock recently hit a record, Bunge reached a 2-year high
- U.S. soy and corn exports rose to record in fourth quarter
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Wall Street is finally reaping the benefits of investing in the world’s top agricultural commodities traders.
Archer-Daniels-Midland Co.’s shares recently reached a record and Bunge’s touched the highest in more than two years. The backdrop couldn’t be any better. China is scooping up American crops, resulting in surging soybean shipments. That’s lifting profits for companies exporting from ports at the Gulf of Mexico and the Pacific Northwest.