Is Archer-Daniels-Midland Co. Going Shopping? [View article]
Thomas! Ethanol is not going anywhere except into the cars on American highways. 10% or 85%. Once the blending bottleneck and end consumer pump problems are worked out.....look out. All current presidentials, Democrate and Republician, support Ethanol. It wont matter who is President, the US government will support it. Companies selling the stuff will sell it all and then some. Maybe you prefer expensive pure gasoline but I dont. Blending will keep prices down, espically once technology moves the industry away from corn production and on to cheaper, more price stable methods. If you dont like ADM (and your the first I have heard of) then VaraSun is a solid company which almost all analysts agree will survive consolidation.
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Thomas! Ethanol is not going anywhere except into the cars on American highways. 10% or 85%. Once the blending bottleneck and end consumer pump problems are worked out.....look out. All current presidentials, Democrate and Republician, support Ethanol. It wont matter who is President, the US government will support it. Companies selling the stuff will sell it all and then some. Maybe you prefer expensive pure gasoline but I dont. Blending will keep prices down, espically once technology moves the industry away from corn production and on to cheaper, more price stable methods.
Oct 08 09:58 am
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All Comments by Kennedy »Is Archer-Daniels-Midland Co. Going Shopping? [View article]
If you dont like ADM (and your the first I have heard of) then VaraSun is a solid company which almost all analysts agree will survive consolidation.
Bottom line....Im staying in...