参与ADM的投机分子越来越多啦？# Stock
q*u
1 楼
Archer-Daniels-Midland: Positioned for Long-Term Growth
Investors in grain-processing giant Archer-Daniels-Midland (ADM) think
corn is king.
Oh, sure, ADM operates factories that crush oil out of soybeans and
sunflowers, grind wheat into flour and turn cocoa beans into powder. And
yes, it operates Mississippi River barges and a network of rural grain
elevators, and it makes staples – yawn — from things like peanuts and
the seed of the oil palm.
But corn has given ADM its most prominent profit pop in recent years,
and been responsible for much earnings volatility. That’s because corn
is the source of ethanol, the gasoline substitute that’s transformed
large swatches of Midwest farmland into an extension of the nation’s
energy sector. And ADM is one of the nation’s biggest ethanol makers.
A government effort to boost ethanol as a “renewable fuel” caused a
heartland Gold Rush several years ago, spurring corn farmers to plant
every acre they could. The boom pushed ADM’s long-stagnant shares to
record heights. For a while.
http://seekingalpha.com/article/241283-archer-daniels-midland-
positioned-for-long-term-growth?source=yahoo
Investors in grain-processing giant Archer-Daniels-Midland (ADM) think
corn is king.
Oh, sure, ADM operates factories that crush oil out of soybeans and
sunflowers, grind wheat into flour and turn cocoa beans into powder. And
yes, it operates Mississippi River barges and a network of rural grain
elevators, and it makes staples – yawn — from things like peanuts and
the seed of the oil palm.
But corn has given ADM its most prominent profit pop in recent years,
and been responsible for much earnings volatility. That’s because corn
is the source of ethanol, the gasoline substitute that’s transformed
large swatches of Midwest farmland into an extension of the nation’s
energy sector. And ADM is one of the nation’s biggest ethanol makers.
A government effort to boost ethanol as a “renewable fuel” caused a
heartland Gold Rush several years ago, spurring corn farmers to plant
every acre they could. The boom pushed ADM’s long-stagnant shares to
record heights. For a while.
http://seekingalpha.com/article/241283-archer-daniels-midland-
positioned-for-long-term-growth?source=yahoo