The current market for ethanol is 10% of the gasoline we use. We are close to filling that, so really no more demand until something changes there.
Grain prices have become chaotic from the Fund investors doing index fund investments. Scared anyone from investing in ethanol plants for the short term.
So they are looking at their other options in the area. That's been a good company, all their plants work well, good common sense person running that place.
A lot of folks assume that cellulose ethanol (made from wood chips, cornstalks, corncobs, switch grass, etc) will become possible in a few years. (Works in a lab, but not really ecconomically viable right now.) And that the govt will allow higher ethanol blends soon - 12 to 15 % anyhow.
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Today's Featured Article - A Belt Pulley? Really Doing Something? - by Chris Pratt. Belt Pulleys! Most of us conjure up a picture of a massive thresher with a wide belt lazily arching to a tractor 35 feet away throwing a cloud of dust, straw and grain, and while nostalgic, not too practical a method of using our tractors. While this may have been the bread and butter of the belt work in the past (since this is what made the money on many farms), the smaller tasks may have been and still can be its real claim to fame. The thresher would bring in the harvest (and income) once a y
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