Tuesday, March 27, 2007

Ethanol may be blessing or curse for farmers

There has been some insightful commentary and forthright research coming out of ethanol country. This article from the Minneapolis StarTribune contains a quote from the Minnesota Commissioner of Agriculture: "If I were to give a personal prediction for the next year or two, I would suggest that the economic opportunity for an ethanol producer doesn't look that great," referring to new facilities, not those already bought and paid for.
Investors may want to take note.