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Archer Daniels Midland Company Message Board

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  • manylumen manylumen Mar 22, 2009 10:12 PM Flag

    Here Is The Story On The Ethanol Plants

    Good! I am glad, adm has enough ethanol exposure for now. So vlo and Bp are going to be the next two refiners and oil company into ethanol. I think Bp is actually close to being the first ethanol from cellulose plant. I was happy to hear adm is expanding its core business and bought another cocoa/chocolate company. Why pay too much for ethanola assets.
    Still adm might make more aquistions in the tough economy as its the major stable blue chip company in the ag sector. Should be trading above its Yahoo 1 year target now. jmho.

 
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