Replies to post #58 on Archer Daniels Midland Co (ADM)

[DewDiligence]

I’m lukewarm on ADM and consider it a weak beneficiary of The Global Demographic Tailwind. ADM does not directly benefit from farmers’ imperative to increase yield per acre (the way such companies as MON and DE do), nor does ADM produce branded food products that are highly desired in emerging markets (the way HNZ, for instance, does). Thus, to exploit the ag component of TGDT, I would rather own such companies as MON, DE, and HNZ.

[DewDiligence]

This is somewhat bearish for middleman ag companies such as ADM:

http://en.mercopress.com/2011/08/16/china-wants-to-buy-directly-from-brazilian-farmers-avoid-intermediation

(Thanks to ‘elmatador’ on SI for this find.)