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The Company is engaged in procuring, transporting, storing, processing, and merchandising agricultural commodities and products.
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andpatt (< 20) Submitted: 5/29/08 1:54 PM : Start Price: $42.31 ADM Score: -27.26
The majority of the bear pitches on ADM site Ethanol as thier reason. While it is true that ADM is a very large producer of ethonal. I think it unfair to judge them either positively or negatively on that alone. A brief review of ADM website indicates the scope and scale of this agricultural services giant. They are in the business of processing, transporting , and trading the worlds agricultural raw materials. To me it is clear the world needs more agricultaral output. It is also clear to me who will be turning this output into finished product , or at least more suitable inputs for finished products.That will be ADM.
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