ADM Archer Daniels Midland Company

Ethanol prices have skyrocketed in recent quarters as high fuel prices stoked demand for the corn-based additive from oil refiners. While concerns about a slowing global economy have slowed ethanol prices of late, producers remain optimistic going forward. The Bedford Report examines the outlook for companies in the Ethanol Industry and provides investment research on Pacific Ethanol Corporation (NASDAQ: PEIX) and Archer Daniels Midland Company (NYSE: ADM). Access to the full company reports can be found at:

www.bedfordreport.com/PEIX

www.bedfordreport.com/ADM

New EPA regulations set forth this year have likely solidified ethanol's future in gasoline. The EPA approved the use of up to 15 percent ethanol in gasoline in vehicles produced during 2001-2006. The EPA had already approved the 15 percent ethanol tolerance for vehicles made in 2007 or later.

Ethanol can be used in much higher proportions, with up to 85 percent ethanol in special factory-produced vehicles. A growing number of these vehicles are being produced by auto manufacturers to test market demand for such a vehicle.

The Bedford Report releases regular market updates on the Ethanol Industry so investors can stay ahead of the crowd and make the best investment decisions to maximize their returns. Take a few minutes to register with us free at www.bedfordreport.com and get exclusive access to our numerous analyst reports and industry newsletters.

Earlier this week Archer Daniels Midland said net income for the reported quarter was $381.0 million or 58 cents per share compared with $446.0 million or 69 cents per share in the year-ago quarter. According to Archer Daniels, profit from making ethanol was up sharply but that was offset by escalating costs in other businesses, including sweeteners and starches that also rely on corn.

Last week Pacific Ethanol reported revenue of $215 million, up from $77 million in the second quarter last year. Total gallons sold were 100.6 million for the second quarter of 2011, an increase of 54% over the 65.4 million gallons sold in the second quarter of 2010.

The Bedford Report provides Market Research focused on equities that offer growth opportunities, value, and strong potential return. We strive to provide the most up-to-date market activities. We constantly create research reports and newsletters for our members. The Bedford Report has not been compensated by any of the above-mentioned publicly traded companies. The Bedford Report is compensated by other third party organizations for advertising services. We act as an independent research portal and are aware that all investment entails inherent risks. Please view the full disclaimer at http://www.bedfordreport.com/disclaimer.

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