On a conference call back in early November, Archer Daniels Midland Chief Executive Patricia Woertz sounded like an ethanol bull on the prowl for a bargain.With ethanol supply outstripping demand and its price falling, an analyst asked her if ADM, one of the world's top producers of ethanol, was on the lookout for failing competitors' plants it could buy up cheap.
March 04, 2008 at 12:00 AM
1 minute read
On a conference call back in early November, Archer Daniels Midland Chief Executive Patricia Woertz sounded like an ethanol bull on the prowl for a bargain.
With ethanol supply outstripping demand and its price falling, an analyst asked her if ADM, one of the world’s top producers of ethanol, was on the lookout for failing competitors’ plants it could buy up cheap.
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