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Growth in Corn Harvest Means Good News for Ethanol Producers

 Aug 13, 2008 07:31 AM UTC
Return Risk
-18.99% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
PEIX Positive 08/13/08 -74.31% --
VSE Positive 08/13/08 -96.57% --
ADM Positive 08/13/08 -6.62% --

Graphic_arrow1 Via Long Investment Ideas from Seeking Alpha:  

Good news for ethanol producers like ADM (ADM), Verasun (VSE) and Pacifc Ethanol (PEIX).

The U.S. Department of Agriculture forecast that farmers will harvest 12.3 billion bushels of corn, up more than 570 million bushels from last month's estimate of 11.7 billion. That's down 6% from last year's record crop of 13.1 billion bushels, but 17% above the 2006 harvest.




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ROCK-STAR INVESTORS
Rank Name Sharpe Ratio Avg Return Followers
1 19.61 +43.19% 175
2 19.14 +44.28% 57
3 17.36 +18.74% 7
4 15.65 +41.37% 211
5 13.77 +16.71% 40


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