SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : ADM anyone?
ADM 58.51-3.4%Jan 7 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jefflaw who wrote (52)4/8/2000 2:52:00 PM
From: Joan Osland Graffius  Read Replies (1) of 106
 
Hi,

Does anyone here have any thoughts on ADM. I have recently added to my ADM position.

ADM's senior debt was down graded last week, but they are buying plants in South America, I assume very cheap. The business has not been good for a long time and I surely do not know if it is going to turn this year, but it will sometime. It looks to me that if we do not get sufficient rain in the US this could be their year of shortages in both corn and soybeans. The Red River Valley in North Dakota has sufficient ground moisture to get a crop this year, but this is a very small percent of the US growing area.

Joan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext