2014 was best year ever for ethanol plant profits
The average 100-million-gallon-a-year ethanol plant in Iowa had a record profit of 54 cents a gallon in 2014, says economist Scott Irwin of U-Illinois at farmdoc daily. Plants prospered in the face of falling ethanol prices because of an steep drop in the price of corn, the feedstock for making the biofuel and coproducts such as… » Read More
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