trending Market Intelligence /marketintelligence/en/news-insights/trending/zf6sxEWHbYbchTyE8ZDsJw2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Archer-Daniels expects up to $60M blow to Q1'19 profit due to extreme weather

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry


IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help

The Market Intelligence Platform

Archer-Daniels expects up to $60M blow to Q1'19 profit due to extreme weather

Archer-Daniels-Midland Co. said March 25 that it expects a $50 million to $60 million negative impact on its pretax operating profit for first quarter 2019 due to "extreme winter weather" in North America.

The agricultural products company said the negative impact of snowstorms and rainstorms will be roughly equally distributed between its carbohydrate solutions segment and origination segment.

"Rail transportation has been disrupted throughout the region; our corn processing complex in Columbus, Nebraska, was idled due to flooding and currently is running at reduced rates; and unfavorable river conditions since December are severely limiting barge transportation movements and port activities," Archer-Daniels said in a statement.

The slowdown in rail and truck transportation particularly affected the company's inbound and outbound shipments and led to lower corn processing volumes in its facilities in the Midwest, the company added.

Archer-Daniels will provide further details on the impact of the weather on full year 2019 during its first-quarter earnings call scheduled for April 30.

In midmorning trading in New York, its shares were up 0.35%, or 15 cents, at $42.77.