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ADM Archer Daniels Midland Company

61.27
0.10 (0.16%)
08 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Archer Daniels Midland Company NYSE:ADM NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.10 0.16% 61.27 61.49 60.29 60.99 3,184,761 01:00:00

U.S. Ethanol Companies Set for Growth

15/03/2012 12:20pm

Marketwired


Archer Daniels Midland (NYSE:ADM)
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From Jun 2019 to Jun 2024

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Government data recently released showed the U.S. exported 76.3 million gallons of ethanol in January. January 2012 exports were 33% above January 2011 totals and nearly six times higher than January 2010. Exports to Brazil fell from previous months, due largely to that nation's recent decision to reduce the mandatory ethanol blend level from 25% to 20%. The Paragon Report examines the outlook for companies in the ethanol industry and provides equity research on BioFuel Energy Corporation (NASDAQ: BIOF) and Archer Daniels Midland Company (NYSE: ADM). Access to the full company reports can be found at:

www.paragonreport.com/BIOF

www.paragonreport.com/ADM

Earlier this week Bloomberg reported that Brazil is struggling to make enough ethanol to satisfy domestic demand just as the U.S. scraps restrictions on imports for the first time since 1980. Investment in new sugar-cane assets and plantations in Brazil collapsed to $700 million last year, from $7.84 billion in 2008, according to Salim Morsy, an analyst at Bloomberg New Energy Finance in New York.

Brazil may become a net importer of ethanol this year, with purchases of 1.66 billion liters during the 2011-2012 season exceeding exports for the first time in at least 10 years, according to Sao Paulo-based consultancy Datagro.

The Paragon Report provides investors with an excellent first step in their due diligence by providing daily trading ideas, and consolidating the public information available on them. For more investment research on the ethanol industry register with us free at www.paragonreport.com and get exclusive access to our numerous stock reports and industry newsletters.

Pacific Ethanol, Inc. produces and markets low carbon renewable fuels in the western United States, primarily in California, Nevada, Arizona, Oregon, Colorado, Idaho, and Washington. Pacific Ethanol recently reported net sales of $241.8 million for the fourth quarter ended December 31, 2011, an increase of 80% from $134.2 million reported in the fourth quarter of 2010.

Cosan Limited engages in energy, food, logistics, infrastructure, and agricultural property management business activities primarily in Brazil, Europe, Latin America, the Middle East, Asia, and North America.

The Paragon Report has not been compensated by any of the above-mentioned publicly traded companies. Paragon Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.paragonreport.com/disclaimer

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