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Archer-Daniels-Midland Company Message Board

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  • mdon26 mdon26 Feb 11, 2009 1:23 PM Flag

    ADM and Ethanol

    Short sided? What do you think they are doing in South America in regards to sugar? In a few short years we will be seeing SA ethanol imported into the U.S because of reduction or elimination of import tariffs. The Verasun auction date is in March. Why would ADM show their cards this early if they were a bidder?
    I think you better step back and take a good look at what is happening. If Verasun has 12 of it's 16 plants on "hot idle" who is supplying ethanol to the blenders?
    Why buy what did not work of another company?
    My bet is we see ADM bid on a couple of the plants.~md

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