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 Stories About: agriculture AND biofuels AND business AND energy AND ethanol AND food AND industrial ag
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Monsanto counts its cash
Seed-and-chemical giant sees its profit triple |
Tom Philpott |
04 Jan 2008 |
Gristmill |
| In a gold rush, the firms that supply the gold diggers with tools -- not the gold diggers themselves -- make the highest and steadiest profits. That's a platitude, but it's also usually true. And it's now playing out in the boom in corn-based ethanol. Don't waste much time envying corn farmers. Sure, they've seen the price of their product double over the past year and a half or so. But they've also seen their costs inch up. Fertilizer, land rents (much of the farml ... |
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| Topics: agriculture, biofuels, business, energy, ethanol, food, industrial ag (all these topics) |
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