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Ethanol makers idle plants amid high corn prices

AP -- Ethanol makers are cutting production, and some are temporarily idling plants in the Midwest, as corn prices skyrocket and demand for gasoline falls because people are driving less.

More than 95 percent of the nation’s ethanol plants use corn starch as their basis for the biofuel. That makes these facilities especially vulnerable to high corn prices in a commodity market nervous about triple-digit temperatures and drought in major corn-growing regions. Most of the more than 200 ethanol plants in the United States are in the Midwest, where most corn is grown.

A glut of the biofuel is squeezing ethanol makers further. The poor economy and high gas prices have people driving less, and ethanol is primarily used in gasoline blends.

‘‘It is no different than the oil industry when markets are

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Submitted Jun 29, 2012 By: dave27johnson

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MImusicman Champion Author Michigan Posts:2,008 Points:434,400 Joined:Mar 2012	Message Posted: Jun 30, 2012 4:32:15 AM Ignore MImusicman Report Abuse bring back REGULAR w/out it!
Amplion Champion Author Oregon Posts:6,921 Points:1,892,760 Joined:Sep 2005	Message Posted: Jun 30, 2012 12:31:51 AM Ignore Amplion Report Abuse BAN ETHANOL !!!!!!
txkrb Champion Author Texas Posts:1,597 Points:660,645 Joined:May 2011	Message Posted: Jun 29, 2012 8:36:42 PM Ignore txkrb Report Abuse Not a fan of ethanol but at 10% or less it does not damage engines and it does not dissolve or damage plastic seals gaskets etc Hell you can but whiskey etc which is 40% of more ethanol in plastic bottles I am against ethanol because they use food crops to produce it, and requires too much energy to produce
aquarinut Champion Author British Columbia Posts:1,630 Points:444,595 Joined:Jul 2011	Message Posted: Jun 29, 2012 8:13:08 PM Ignore aquarinut Report Abuse Article: "The U.S. Department of Agriculture reported Friday that farmers planted 96.4 million acres of corn this spring. It’s the largest number of planted acres since 1937, when 97 million were planted." 2012 corn crops planted to feed obama's energy plan. 1937 corn crops planted to feed the hungry!
bston Champion Author Oklahoma City Posts:1,955 Points:669,240 Joined:Mar 2011	Message Posted: Jun 29, 2012 7:52:00 PM Ignore bston Report Abuse We only use 100% gas in our vehicles; no E-10 for us.
BuckyTJones Champion Author Salt Lake City Posts:4,932 Points:967,950 Joined:Mar 2010	Message Posted: Jun 29, 2012 7:22:33 PM Ignore BuckyTJones Report Abuse I have never seen the farmers hated so much in my life. Stick with farming and stay out of the fuel business. Lets get back to what corn used to be used for and our country too.
evowner Champion Author Salem Posts:2,318 Points:385,985 Joined:May 2012	Message Posted: Jun 29, 2012 7:13:49 PM Ignore evowner Report Abuse Who is a major player in ethanol? Flint Hills Resources,LP (A Koch Industries company)own and operate ethanol plants in Iowa producing 425 million gallon annually. David Koch is chairman of the Americans for Prosperity Foundation. Americans for Prosperity "stimulated" the Tea Party movement with financial and personal support. The Kochs are the largest single oil and gas donator to the election of House Energy and Commerce Commerce members.
Tacodan Champion Author Cincinnati Posts:2,457 Points:680,205 Joined:Apr 2011	Message Posted: Jun 29, 2012 6:42:29 PM Ignore Tacodan Report Abuse this breaks my heart, NOT ! sorry farmers
07skydriver Champion Author Ohio Posts:3,374 Points:1,009,305 Joined:Feb 2009	Message Posted: Jun 29, 2012 5:25:50 PM Ignore 07skydriver Report Abuse Who is the dummy that started the ethanol mandate anyway?
DerHahn Champion Author Illinois Posts:13,893 Points:2,140,485 Joined:May 2004	Message Posted: Jun 29, 2012 5:25:13 PM Ignore DerHahn Report Abuse get rid of the corn based ethanol "In the end, even the most generous analysts estimate that it takes the energy equivalent of three gallons of ethanol to make four gallons of the stuff. Some even argue that it takes more energy to produce ethanol from corn than you get out of it, but most agricultural economists think that's a stretch."
bisonjim Champion Author Florida Posts:1,115 Points:230,705 Joined:May 2012	Message Posted: Jun 29, 2012 5:07:46 PM Ignore bisonjim Report Abuse Ethanol costs more than it is worth.
YumaFellow Champion Author Arizona Posts:1,426 Points:649,320 Joined:Jan 2011	Message Posted: Jun 29, 2012 4:42:46 PM Ignore YumaFellow Report Abuse There are biofuels other than corn that can be used for ethanol. Using good cropland to make ethanol is a waste of resources and has only raised food prices around the globe. Engines today are built with ethanol in mind. It is the impurities in the cheaper gasolines that cause the damage.
humblepie Champion Author Toledo Posts:35,301 Points:2,398,095 Joined:Mar 2006	Message Posted: Jun 29, 2012 4:40:02 PM Ignore humblepie Report Abuse good riddance
sabre75 Champion Author Florida Posts:1,663 Points:340,795 Joined:May 2012	Message Posted: Jun 29, 2012 4:14:33 PM Ignore sabre75 Report Abuse Simply stated, ethanol should be outlawed. You void your warranty on 2 cycle engines, outboard engines, and you can't use it in piston driven airplanes. Had to spend $1700.in repair bills on my car cause ethanol destroyed my gaskets, seals, sending units and measurement unit. My ASE mech told me about it, but said every time someone says something, they are told to be quiet.
Meowmy Champion Author Florida Posts:1,293 Points:354,505 Joined:Jan 2011	Message Posted: Jun 29, 2012 3:51:05 PM Ignore Meowmy Report Abuse And they're 'cutting' the gas with higher than the 'max' 10% of ethanol.
HYEgasCA Champion Author Fresno Posts:2,126 Points:933,975 Joined:Dec 2008	Message Posted: Jun 29, 2012 3:31:32 PM Ignore HYEgasCA Report Abuse Good!!