Kennedy

VeraSun Energy Back on the Gas - Um, Ethanol

Nice to hear about the harvest. In addition to lower than expected corn prices, the logistics bottleneck at the blending stations and lack of consumer fueling pumps will get better as we move through 2008 and the current oversupply corrects itself. That in turn will increase the ethanol price and provide an even better margin. I think we will see a solid earnings growth in 2008 and I expect even bigger and better in 2009.

Is Archer-Daniels-Midland Co. Going Shopping?

I agree about Aventine. Certainly a great candidate for acquisition and a consolidation survivor. Also agree that Ethanol is here to stay. Rolling Stone Magazine, The New York Times and the LA Times can take their twisted up statistics and go jump in a lake. Every argument against Ethanol has been debunked. Lee's point is on the mark too. I'd rather live surrounded by Ethanol plants then next to one oil refinery. You guys should see the north side of Kuwait City. Looks like Batman's Gotham City. Good written's to gasoline. But I digress........Ethanol is a smart move, its day is coming.

Is Archer-Daniels-Midland Co. Going Shopping?

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.

Bottom line....Im staying in...