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Gold/Mining/Energy : Archer Daniels Midland
ADM 56.97+0.4%Nov 7 9:30 AM EST

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To: richardred who wrote (64)12/14/2006 10:53:11 AM
From: Alfred W. Post  Read Replies (1) of 84
 
I am puzzled by a report that thinks that a predicted increase in the planting of corn would be negative to ADM. I think the opposite is true. The more corn is on the market, the lower the cost and the cost of corn is one of the main ingredients of ethanol. or am I wrong? Fred
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