Archer-Daniels-Midland earns 25% of its operating profit from biofuels

Business Week reports that Archer-Daniels-Midland is earning 25% of its operating profit from biofuels and is consequently being valued and operated increasingly along the lines of energy companies. The report comes as ADM reorganized itself with one group now responsible for receiving and handling of commodities such as grain, merchandising, processing and marketing. Seeking Alpha also reports on ADM’s attempts to creatmassive economies of scale in the biofuels field, along with Paul Allen’s Imperium.

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