% | $
Quotes you view appear here for quick access.

Archer-Daniels-Midland Company Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • pgparson pgparson Jan 23, 2007 10:35 PM Flag

    ethanol producers the wrong play!

    I'm not sure I agree that this is the wrong play. These cost for the most part fixed. farming is only going to become robotic and with new yeast on the way the producers will be able to duoble capacity in the years to come. Right now with out being subsidized ethanol can be made for 2.70 a gallon. With LLP's and other tax shelters how much is oil subsidized. If you give the same shelters to ethanol it will as cost effective as oil. Just food for thought.

43.34-1.65(-3.67%)Sep 1 4:00 PMEDT