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(Bloomberg) -- Archer-Daniels-Midland Co. placed its chief financial officer on leave and cut its earnings outlook pending an investigation into the agricultural trading giant’s accounting practices.Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHedge Funds Rake in Huge Profits Betting on Catastrophe RiskGloom Over China Assets Is Spreading Beyond Battered StocksPutin Orders Hunt for Property of Russian Empire, Soviet UnionTrump Retires ‘DeS...

(Bloomberg) -- Archer-Daniels-Midland Co. plunged after the US agricultural trading giant suspended its chief financial officer and cut its earnings outlook pending an investigation into its accounting practices. The shares dropped the most on record.Most Read from BloombergFlorida Governor DeSantis Drops Out of 2024 Race, Endorses TrumpHong Kong Stocks at 36% Discount Show True Depth of China GloomMorgan Stanley, JPMorgan Say Buy the Dip After Treasury RoutGloom Over China Assets Is Spreading B

Corn Futures Touch Fresh 7-Year High on Roaring China Demand Bloomberg 1/27/2021 Kim Chipman and Nicholas Larkin (Bloomberg) -- Corn prices in Chicago reached a seven-year high with China’s appetite for the grain stoking global supply concerns. The U.S. Department of Agriculture on Wednesday unveiled corn export sales to China of 680,000 tons, as well as 132,000 tons of soybeans. That’s on top of a 1.36-million-ton corn export sale to China reported Tuesday, marking the As...