Archer Daniels Midland rises over US-China trade optimism
ReutersOct 27, 2025 11:48 AM
Shares of grain merchant Archer-Daniels-Midland ADM.N rise 3.5% to $65.55 premarket as investors anticipate potential trade deal from Trump-Xi Jinping meeting later this week
Trump's positive comments last week boosted traders hopes China may resume Soyabean trade after it had halted the purchase last month
ADM is set to open at highest in nearly two years if gains hold
YTD, through Friday's close, stock up 25.4% after falling in previous two years, while S&P 500 Agricultural Products & Services index .SPLRCBMAG up 25.7%
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