ADM Bests and raises estimates

Grain business doing well. ADM, Bunge, and Corteva purest plays. Cargill also a major but privately held.

Will the barge limitations due to low water on the lower Mississippi River limit sales? Most grain goes to New Orleans for export and barge transportation most economical. Will they by rail? Via Great Lakes and Intracostal Waterways to the East?

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" Bunge lifts 2022 outlook after quarterly earnings beat, shares rally"

Earnings down a bit but best estimates. Grain traders continue to do well.

'Bunge’s agribusiness unit posted mixed results in the quarter ended Sept. 30 as higher energy costs in Europe and weaker demand in China due to COVID-19 restrictions offset stronger oilseed processing results in the Americas.

'The refined and specialty oils segment however turned in stronger quarterly earnings."

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