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thesharkke
Mar 9, 2023 4:36 AM

The company is setting up for a correction 

Archer-Daniels-Midland CompanyNYSE

Description

Hello,

Archer-Daniels-Midland Co. engages in the production of oilseeds, corn, wheat, cocoa, and other agricultural commodities. It operates through the following segments: Ag Services and Oilseeds, Carbohydrate Solutions, Nutrition, and Other.

The company has indicated that in March will permanently close its flour mill in New Braunfels, Texas, following a review of its milling business.

The company stock shows we expect a consolidation of the price around the current area for the next few years. This are areas where we can actively seek buying opportunities from the bottom.

More details about the company on their website.

Good luck!
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