Why Archer Daniels Midland Stock Was Slipping Today

Shares of Archer-Daniels-Midland (ADM -5.06%) were moving lower Tuesday after the agricultural giant posted disappointing results in its fourth-quarter earnings report.As of 10:37 a.m. ET, the stock was down 2.8% on the news. ADM comes up shortTracking with big food peers such as ConAgra, ADM came up short in the quarter, blaming softer market conditions. Revenue in the quarter fell 6.5% to $21.5 billion, which missed estimates at$22.77 billion. In its processing business, which includes oilseeds and corn, ...