buyers , page-8

Well just another comment regarding the NFL "quarterley" report ...

... If you want to see a well written quarterly report for a BioFuels company, read through the report for AAE. Some important points are raised in this report:

- The forecast is for a good to excellent Soy crop for 2008
- The large forecast growth for Biodiesel companies in the world has not happened
- Many smaller producers with outdated production technology have stopped production
- Much of the increase in price for Soy Oil has been caused by speculation

They are forecasting that prices for Soy Oil will fall, and are predicting EBITDA of US$0.52 per gallon for the 2008 Financial year. That is equivalent to about 15 cents a Litre.

So why is this relevant to NFL?

Because the price of Palm Oil is dependant on the price of Soy Oil