Archer-Daniels-Midland Says Decatur East Plant That Produces Soyoil And White Flake For Soy Protein, Adjacent Corn Processing Plant Are Down After Explosion On Sunday
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Archer-Daniels-Midland (ADM) reported that its Decatur East plant, which produces soyoil and white flake for soy protein, along with an adjacent corn processing plant, are down following an explosion on Sunday.
September 11, 2023 | 5:42 pm
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The explosion at ADM's Decatur East plant and the adjacent corn processing plant could potentially disrupt production, which may negatively impact the company's revenues and stock price in the short term.
The explosion at ADM's plants could disrupt the production of soyoil, white flake for soy protein, and corn processing. This disruption could lead to a decrease in revenues, which could negatively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100