|
| Looks to me like the ethanol boom is over, not because of corn prices, but because of all the volume coming on line. It is not at a bust yet though. The profits will still be there for a period of time maybe as long as 10 years. I would predict ethanol plants with good marketing people will still return 5-20%. Would I invest in new plants? NO, possible 5% return is not good enough. I will stay invested in the plants I am already in as 5-20% after the boom is not bad. | |
|