ADM says expects soy profit margin to fall in Brazil

lunes 3 de agosto de 2015 13:46 GYT

SAO PAULO Aug 3 (Reuters) - Archer Daniels Midland Co expects profit margin in Brazil's soy production to fall to 122.20 reais ($35.42) per hectare in the upcoming 2015/16 season from 539.03 reais in 2014/15, the company's South America President Valmor Schaffer said at an event in Sao Paulo on Monday.

($1 = 3.45 reais) (Reporting by Gustavo Bonato; Writing by Caroline Stauffer; Editing by Bernadette Baum)