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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (74633)3/2/2001 2:18:33 PM
From: Joan Osland Graffius  Read Replies (3) of 436258
 
heinz, >> i recently wanted to reco ADM

I am a buyer of ADM on weakness. They have pricing power. There are only two folks in this business and they both cut production if prices get to low, and can raise prices without much problem. I guarantee you food commodity prices are going higher. It looks like there are a few farmers that will not be planting corn this year because of costs. I can not remember where I read it, but the acreage next year for corn in the US is down considerable.

Joan
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