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 Stories About: agriculture AND biofuels AND business AND energy AND food AND industrial ag AND news
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Aw, Shucks
Food prices are high, and so are Big Ag's profits |
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30 Apr 2008 |
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| Posted at 10:29 AM on 30 Apr 2008 Food prices hitting you hard in the pocketbook? Agriculture giant Archer Daniels Midland feels for you, it really does -- but gee, its profits jumped 42 percent this quarter, so it can't really empathize. ADM's grain-processing division is doing lively business keeping up with the bumper corn crop. And, they'll have you know, high food prices are due to high oil prices, not to the ethanol push. Backing ... |
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| Topics: agriculture, biofuels, business, energy, food, industrial ag, news (all these topics) |
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