Minnesota Ethanol Plant To Close After 25 Years -- Even With Subsidies, Grants, Advocates, And Saving The World -- Will Close -- August 28, 2019

I feel bad for the employees.

Ethanol plants have never made sense to me. The history of ethanol plants in the US is interesting.

Burning food to make ICE fuel despite a glut of fossil fuel.

From KEYC, with the link sent to me by Don:

The Corn Plus ethanol plant in Winnebago, MN, is reportedly shutting down. The plant will shut down as the industry battles low commodities prices. Production has been going well but the lack of a viable export market has stalled profit.

The plant has been in operation for 25 years, started in 1994.

Link here:

I thought springtime flooding was driving the price of corn up. At "363" today, corn appears to be near record lows, at least since 2013, or at least not unreasonably out of line. Don't you just love mainstream media? I am impressed with the American farmer, US logistics, and the free market capitalism system.

Today's price: looks to be "363" today.

Link here: