With corn and soy prices hitting record-high prices and an ethanol glut flooding the market, ethanol’s profit margin per gallon has dropped and biofuel plants across the country are being put on hold faster than your company’s tech support line. For a succinct view, check out the map over on Check on Earth2Tech.
NewTeeVee has the story of online video aggregator GoFish, which has embarked on a significant strategy shift to become as a vertical brand advertising network for kid-oriented casual gaming sites and virtual worlds. The video aggregation business, according to the company, is just too undifferentiated.
2 comments so far
3:19 PM PT
Per usual, the hustlers, opportunists and just plain greedy bastards who infest industries like agri-business have done themselves proud. Fortunately, folks who rely more on science than 2Q graphs are moving ahead into cellulosic biofuels.
That will cut out the Kansas-Nebraska Lobby and ADM - to a certain extent. The politicians they have in their pockets will perform as required. But, a new marketplace has begun to develop and I think that will overcome much of what has to be bypassed.
Like, is anyone still worrying about AT&T as a long-term market force? Or Polaroid for that matter? Network TV?
9:24 AM PT
Looks like a classic Cobb-Web agricultural cycle.