You are correct in assuming that I'm not expert in ADM's business area but have wanted, but never have, to own the stock. The reason for my interest is I like to own stocks in sectors that people absolutely can not do without. What I don't understand is why they can't pass through their rising feedstock prices. It seems other companies in critical sectors can but if this is not the case with ADM I'm not like to abandon my cautious approach and look elsewhere, but then again that's my choice. Thanks again for your serious reply.
Thank you for the input. I read the article and remain as confused as ever. In essence ADM attributes their poor showing to high feed stock prices and market uncertainty. Well the same can be said for the oil industry yet XOM records record profits. High food prices and shortages leading to problems for ADM all seems counter intuitive.
rock solid dividend play with opportunity for marginal capital gain. The current management has structured the playing field as such. This is not an entirely unreasonable approach since the only real reason to own a stock is for the divdend all else is gambling or if you prefer speculation. If you are looking for a money engine, which ABT was in the 70's and 80's under different management, then you would be well advised to look elsewhere. In short recognize and accept the situation for what it is.
Can ABT profit from a possible epidemic (which I hope never happens) rather than concern for the human toll as a first reaction, real nice. Enjoy your $3 pop if it occurs.