ADM ==> prospects?

[billyjoe]

If we could get cars to run on b.s. Washington would be powerful in more ways than one. Lye, you're a smart guy. Figure out how to do this without corrosion. Don't Virginia cattle produce high quality b.s.?

billyjoe

[mrmarket]

Go back to my earlier post on this this thread. In his speech, Bush mentioned the flexi fuel cars that are prevalent in Brazil that run on 85% ethanol.

Do you know how much money ADM,and the other ethanol producers, would make if these cars hit the road in the US???

(answer: a lot)

[sowersnc]

Optimistically, ethanol will get politicians votes from farmers and lots of dough donated from ADM types.

Realistically, ethanol will never, ever pay for itself.

Pessimistically, we are all going to pay higher fuel and food costs.

I would agree in the Optimistic and Pessimistic.

Realistic I just don't know how much pork is coming in to make this industry viable. Does anyone have some solid numbers on what gas prices need to be for Ethanol to be price effective and what that price would be without the Washington pork.

[Lyehopper]

Power from CRAP!

If we could get cars to run on b.s. Washington would be powerful in more ways than one. Lye, you're a smart guy. Figure out how to do this without corrosion. Don't Virginia cattle produce high quality b.s.?

billyjoe

That's not as far fetched as you might think. Our buddy "DMK" likes a stock that makes these really cool "Microturbine Gernerators".... CPST is the ticker.... Scroll down these case studies (see link) and click the one entitled "Pig Farm Renewable energy".... I also liked "Landfill Renewable Energy"....jejeje

http://www.capstoneturbine.com/onsite/

[New-born baby]

Go back to my earlier post on this this thread. In his speech, Bush mentioned the flexi fuel cars that are prevalent in Brazil that run on 85% ethanol.

Do you know how much money ADM,and the other ethanol producers, would make if these cars hit the road in the US???

(answer: a lot)

GM already produces flex-fuel cars that run on E-85. All of their pickups, SUVs, and most cars run on E-85 or gasoline. Problems are:
1. Need more ethanol plants to produce the fuel.
2. Need more stations to sell the fuel.
3. Reduced power and gas milage from ethanol (about 15% on mpg).
4. Transportation: can't pipeline it--an incredibly huge infrastructure problem that would cost billions to solve, and add cost to the fuel.
5. Ethanol is more expensive to produce than oil by a long shot. Droughts will effect food and fuel prices.
6. Corn ethanol is 2/3 less efficient than ethanol made from sugar. Brazil produces sugar based ethanol, and only now is getting to where ethanol is cost effective. US does not have the sugar beet or cane producers in sufficient quantity to switch from corn to sugar beet based ethanol.

[sowersnc]

Go back to my earlier post on this this thread. In his speech, Bush mentioned the flexi fuel cars that are prevalent in Brazil that run on 85% ethanol.

Do you know how much money ADM,and the other ethanol producers, would make if these cars hit the road in the US???

(answer: a lot)

I agree. Their are a few E85 pumps and cars here and it is just a start. The current run is just based on trying to replace MTBE. Just think when E85 hits.

ADM is going to be HUGE. They have the capital and experience to expand rapidly.

[mrmarket]

NBB...who says it has to make sense? The fact that it's here already speaks volumes on what the power (and inefficiency) of big government can do.

[New-born baby]

Yup

NBB...who says it has to make sense? The fact that it's here already speaks volumes on what the power (and inefficiency) of big government can do.

Great point. Well taken!

[Lyehopper]

NBB...who says it has to make sense? The fact that it's here already speaks volumes on what the power (and inefficiency) of big government can do.

I still say we invade Canada and seize the "Oil Sands Deposits".... I think it would be a breeze.... Maybe I should run for office.

[Lyehopper]

GM already produces flex-fuel cars that run on E-85. All of their pickups, SUVs, and most cars run on E-85 or gasoline. Problems are:
1. Need more ethanol plants to produce the fuel.
2. Need more stations to sell the fuel.
3. Reduced power and gas milage from ethanol (about 15% on mpg).
4. Transportation: can't pipeline it--an incredibly huge infrastructure problem that would cost billions to solve, and add cost to the fuel.
5. Ethanol is more expensive to produce than oil by a long shot. Droughts will effect food and fuel prices.
6. Corn ethanol is 2/3 less efficient than ethanol made from sugar. Brazil produces sugar based ethanol, and only now is getting to where ethanol is cost effective. US does not have the sugar beet or cane producers in sufficient quantity to switch from corn to sugar beet based ethanol.

OR.... invade Brazil and sieze the beet fields.

[billyjoe]

Lye,
How much do those capstone turbines cost? I may be able to fit one in the back of my station wagon.Our local landfill is having problems selling it's methane. I could strap the methane tank on the roof. Thanks for the idea , Lye.
billyjoe

[mimo_100]

Nice call MrMarket. HUGE.

Whoever is buying, is NOT buying because of this report however.
Ethanol sales declined in the quarter according to the release
( here is part of it):

Corn Processing operating profit increased $ 41 million to $ 219 million for the quarter and increased $ 179 million to $ 591 million for the nine months reflecting improved starch, sweetener and ethanol selling prices and lower net corn costs. Sweeteners and Starches operating profits increased $ 33 million to $ 113 million for the quarter and increased $ 140 million to $ 320 million for the nine months due to lower net corn costs and increased sweetener and starch selling prices, partially offset by higher energy costs. Bioproducts operating profits increased $ 7 million to $ 105 million for the quarter and increased $ 38 million to $ 271 million for the nine months due to lower net corn costs and higher ethanol selling prices, partially offset by increased energy costs. For the quarter, ethanol sales volumes declined versus year-ago levels as last year’s volumes included a draw-down of ethanol stocks which were built up in anticipation of new markets. For the nine months, Bioproducts operating profit improved as increased ethanol sales volumes were partially offset by lower lysine selling prices and $ 20 million of employee severance costs associated with the closure of a citric acid plant.



http://www.admworld.com/naen/ir/news.asp



Tim

[billyjoe]

Mr.Market,
Speaking of corn, my brother-in-law has a corn heater that he claims will heat 1/2 his house for the price of a bushel of corn per day Approx 2.30. The only problem was it was hard to regulate and the house got too hot.

billyjoe

[New-born baby]

Mr.Market,
Speaking of corn, my brother-in-law has a corn heater that he claims will heat 1/2 his house for the price of a bushel of corn per day Approx 2.30. The only problem was it was hard to regulate and the house got too hot.

billyjoe

A man in my church put one in his house, and stored the corn in the basement near the furnace so he could shovel in the corn. Very soon he discovered that he had rats and mice in his house.

Lovely.

[Lyehopper]

Solutions.... that's my job!

Lye,
How much do those capstone turbines cost? I may be able to fit one in the back of my station wagon.Our local landfill is having problems selling it's methane. I could strap the methane tank on the roof. Thanks for the idea , Lye.
billyjoe

OR.... you could buy a Heavy Duty GEHL "Scavenger" Manure Spreader and go around to local farms and gather loads of fuel producing biowaste and simply disengage the streader and pull the manure wagon (covered it with a tarp) around behind your stationwagon and run a hose right into the (roof mounted) methane tank..... Now you will need to install a PTO in your car because if (and when) the cops try to pull you over you'll want to simply pull a lever inside the car thus engaging the PTO and spreader.... at 60MPH and the proper RPM you can throw manure 50 feet into the air with that thing!.... they'll back off immediately. http://www.gehl.com/ag/prodpg_ss.html hmmmmmm.... BillyJoe!!!! Maybe Crammer was right!!!!.... Maybe GEHL is a good alternative energy play afterall!