ADM (ADM) CEO says costs not doing great for corn facilities due to Iran conflict
The CEO of ADM indicates that rising costs at their corn facilities are being negatively impacted by the ongoing conflict in Iran.
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ADM (ADM) CEO says costs not doing great for corn facilities due to Iran conflict
Kpler's Bakr notes that she is "hearing from vessel owners is that its still too risky to cross" the Strait of Hormuz
Iran official Sheikh al-Kaabi told Al-Mayadeen: We have not given up on diplomacy and we have a long-term perspective in this area, but our hand is on the trigger
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This adds to concerns about agricultural supply chains and could elevate prices in the sector, potentially affecting commodity markets, especially corn-related products.
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