The U.S. ethanol industry is coming off its first losing season
in seven years.
University of Illinois ag economist Scott Irwin says there were a couple of reasons why.
“One, a deterioration in the net trade position of the U.S. ethanol industry in 2019. And some rather healthy increases in the production efficiency of ethanol plants.”
He tells Brownfield small refinery exemptions had much less
to do with the profit situation of the ethanol industry, which he figures lost
an average of $1.6 million in 2019.
Continue reading 2019 an L for ethanol at Brownfield Ag News.
