They should also get into RAPEseed in my opinion.
CHICAGO, Nov. 8 — Archer Daniels Midland’s new chief executive outlined a broad strategy Wednesday for the company to dominate the growing bioenergy industry, but offered few specifics on how it would carry out that vision.
Patricia A. Woertz, who took over in May, said A.D.M., the grain-processing giant, would seek to maintain its leadership in biofuels, like ethanol, by diversifying its production sources beyond corn.
The plan includes possible investments in Brazil to make sugar for ethanol and in Indonesia to make palm oil for biodiesel, as well as export opportunities for biofuels in India and elsewhere.
Despite saying the company’s goal was to be the global leader in bioenergy, which includes ethanol and biodiesel, Ms. Woertz said A.D.M. would not necessarily strive to be the market-share leader in ethanol and biodiesel. “We are interested in profitable growth,” she said.
http://www.nytimes.com/2006/11/09/business/09adm.html?_r=1&oref=slogin