Nebraska Ethanol Plant Idled Because of Corn Costs

By: Associated Press
By: Associated Press

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.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLN-TV Call: (402) 467-4321 Toll-free: 1-800-475-1011 840 North 40th Lincoln, NE 68503 Email: info@1011now.com KGIN-TV Call: (308) 382-6100 123 N Locust Street Grand Island, NE 68802 Email: kgin@1011now.com KSNB-TV Toll free 888-475-1011 123 N. Locust St. Grand Island, NE 68802 Email : ksnb@1011now.com
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 189639971 - 1011now.com/a?a=189639971
Gray Television, Inc.