Ethanol market facing strong headwinds

Ethanol market facing strong headwinds

A University of Missouri ag economist says ethanol has had a strong year so far, but challenges are ahead.

Ben Brown with the MU Food and Agricultural Policy Research Institute tells Brownfield the first challenge is sharply higher gas prices as we enter the summer driving season.

“Prices are about $1.30 higher this summer than they were last year at this time, or 43 percent higher, and that could deter people’s interest in getting out and traveling,” he said.