ADM earnings slip amid pre-tax charges, tight crop supplies
date:Aug 07, 2013
sults improved amid volatile ethanol industry conditions. During the quarter we continued our work to improve the companys future returns and earnings power over the cycle. Our effort to unlock cash reached $2 billion, with the team reaching this milestone a half year ahead of schedule. And, in cost, we made solid progress toward our goal of $200 million in additional cost reductions by the end of 2014.

Looking ahead, well be managing through tight crop supplies until the forecast large but del
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