OfficialssaymoreIowaethanol.cfm Officials say more Iowa ethanol plants may close
Home News Livestock Crops Markets Hay, Range & Pasture Home & Family Classifieds Resources This Week's Journal



Farm Survey


AgriMartin
Journal Getaways
Reader Comment:
by Wheat_Harvest movie

"Thanks so much for the article! These are the types of people we hope to"....Read the story...
Join other discussions.




Officials say more Iowa ethanol plants may close

DES MOINES, Iowa (AP)--Renewable fuel officials say more ethanol plants in Iowa could close as the industry deals with falling prices.

The drop in price for corn, crude oil and ethanol had resulted in reduced revenues for the ethanol industry this year, prompting three of the state's 32 ethanol plants to file for bankruptcy.

Plants in Albert City, Dyersville and Steamboat Rock have closed in recent months.

Monte Shaw, executive director of the Iowa Renewable Fuels Association, says it's a frustrating time for the ethanol industry. He says a few more plants may close until the market equals out.

Shaw also says the industry was probably overbuilt.

Shaw dismisses talk that the industry is collapsing and says more ethanol will be produced next year.

1/5/09
6 Star Midwest Ag\5-B

Date: 12/29/08



Google
 
Web hpj.com

Copyright 1995-2014.  High Plains Publishers, Inc.  All rights reserved.  Any republishing of these pages, including electronic reproduction of the editorial archives or classified advertising, is strictly prohibited. If you have questions or comments you can reach us at
High Plains Journal 1500 E. Wyatt Earp Blvd., P.O. Box 760, Dodge City, KS 67801 or call 1-800-452-7171. Email: webmaster@hpj.com

 

Archives Search



Inside Futures

Editorial Archives

Browse Archives