57° F
Current Conditions
Radio Station Info Staff Advertising Job Opportunities Contact Us

Listen Live

Click Here To

Sign Our Guest Book

RSS Feed

KCSR Annual EEO Report
KBPY Annual EEO Report

(Neb.)-Seventh Ethanol Plant Idled Because Of Corn Costs

By: Roxie Graham-Marski Posted at: 02/04/2013 09:23 AM
     HASTINGS, Neb. (AP) - Almost one-third of Nebraska's 24 ethanol plants have been shut down because of the current high corn prices make it unprofitable to keep running them.
     The Ag Processing Inc. cooperative said Friday that it had shut down its 55-million-gallon-a-year plant in Hastings. 
     This is the seventh ethanol plant in the state that has shut down.
     Nebraska Ethanol Board administrator Todd Sneller says a number of ethanol plants nationwide have been idled because of the high corn prices and dwindling profit margins.
     But he says many of the plants that remain open are maxing out production to help meet demand. Sneller says ethanol plants can better withstand high corn prices if there is strong demand for their distillers grain as feed in the area.


Back to News

Printer Friendly Version

Send Story to a friend.