date:Aug 07, 2013
Pre-tax charges, the ongoing GrainCorp Ltd. acquisition, tight crop supplies and an FCPA matter all affected second-quarter earnings for Archer Daniels Midland Co. The Decatur-based company had net earnings of $223 million, or 34c per share, in the quarter ended June 30, which compared with $284 million, or 43c per share, in the second quarter of the previous year.
Adjusted earnings were 46c per share, which compared with 38c per share in the second quarter of the previous year. They excluded a