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Archer Daniels Midland finds itself in an unfamiliar position as Donald Trump’s presidency begins. Accustomed to a close—and lucrative—relationship with national policymakers, the giant agricultural processor now faces a president who may not believe that what’s good for ADM is always good for America. ADM stock tumbled 13 percent after Election Day on worries about potential conflicts with the Trump agenda on issues critical to its business.

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