Livestock farmers are demanding changes to the nation's ethanol policies. They say the fuel is taking up too much of the corn and that a grain shortage could cause meat prices to spike. Food producers also worry federal policies would exempt the ethanol industry from rationing during a shortage.
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High price of corn idles Little Falls ethanol plant
The Central Minnesota Ethanol Co-Op has suspended operations until they can buy corn or sell ethanol at a better price, the St. Cloud Times reports. The Little Falls plant is using the downtime to complete maintenance and other projects, but most of the 30 employees are out of work.
Livestock farmers seek pause in ethanol production
Livestock farmers and ranchers seeing their feed costs rise because of the worst drought in a quarter-century are demanding that the Environmental Protection Agency waive production requirements for corn-based ethanol. The Obama administration sees no need for a waiver, siding with corn growers – many of them in presidential election battleground states Iowa and Ohio – who continue to support the mandate.
As corn gets scarce and expensive, more ethanol plants shutting down
There's no word on when an idled ethanol plant in Little Falls might reopen. But plant closings are becoming more common in an industry squeezed by drought-inflated corn prices. At least seven ethanol plants in the Midwest have closed and many others are operating at reduced capacity.
Ethanol producers gather in Minnesota
The 28th International Fuel Ethanol Workshop and Expo, the largest trade show for the country's ethanol producers, is taking place at the Minneapolis Convention Center this week. On Tuesday, the convention highlighted how the ethanol industry is faring since the expiration of a federal tax credit.
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