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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: Alfred W. Post who wrote (65)12/14/2006 1:18:56 PM
From: richardred   of 84
 
>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?

I wouldn't say you were wrong. What I would say. As the price of Corn goes up so does the cost to ADM . The ability to pass along those costs and make them stick is the bigger factor,IMO. RE-AKA- High fructose corn syrup.
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