I assume that the Columbus expansion is part of the 500m gal they refer to in the article?? I wonder why the Columbus expansion isn't on the RFA website?? It's been announced for quite a while now. RFA's numbers aren't that accurate if they're missing 275m of expansion.
Yeah, I was also impressed w/the day......especially considering there really wasn't any news today. I'm hoping for 45 by this summer.
Agreed, although I believe ethanol only comprises about 1/3 of their current income. Their P/E is actually lower than their sector average competeing againt companies with NO ethanol production. I think ADM is a steal and could easily double or triple within a year. I would like to see some moves on their part to increase production capacity.
ADM is definitely lagging in increasing production capacity considering their industry leadership. 275m in Columbus, NE is the only one set in stone. Can you imagine what this stock would do if they would announce a step up in their ethanol expansion plans??