Where's the outrage over these profits? Is it because ADM's revenue numbers aren't as big as Exxon?"The Decatur, Ill., company reported profit of $347.8 million, or 53 cents a share, for the period ended March 31, up from $269.1 million, or 41 cents a share, a year ago. The prior-year results included a one-time gain of 11 cents a share, from the sale of a business."
Global biodiesel business continues to grow around the world, particularly in Europe and Asia, the company said. The business is just getting started in the U.S., but the company expects more government programs to bring biodiesel in line with ethanol. ADM will open its first biodiesel plant in October.But of course they expect it. They wouldn't contribute to any politicians campaign if they didn't expect it!
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