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cessna

Looking back

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very cool!

 

I always love these little snapshots of history, especially when it shows the prices...

 

How did that investment end up panning out for you?  I know a few farmers back home that got in on early ethanol projects.  These first ones were almost entirely local farmer owned operations... all have been since bought up by large multi-national companies... I think most of the farmers did quite well with their risk of capital in some not so good economic times for farmers...

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I think I have my original money back plus about 3 times more in cash. Then there is the depreciation and tax credits. ADM is a minority partner since most individuals around here thought it was doomed from the start. Without ADM it would have never been.

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