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Ethanol makers idle plants amid high corn prices Ethanol makers cut back production,

AP -- WICHITA, Kan. (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.



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Submitted Jun 30, 2012 By: mastermariner
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Ethanol makers idle plants amid high corn prices Ethanol makers cut back production, Back to Topics
REPLIES (newest first) Post a Reply
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honda0105
Champion Author Tallahassee

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Message Posted: Jul 2, 2012 6:40:36 AM

would be nice if they'd be cutting EtOH out of the fuel altogether. Yea, pipe dream, but still...
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tomok
Champion Author Portland

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Message Posted: Jul 1, 2012 7:02:22 AM

People may be driving much less with Barry's (aka – vampire/ghost hunter) crappy, lousy, lack of adequate jobs economy, either they are driving higher MPG vehicles OR driving more EV's and Inbreds. But, less gasoline is being consumed and less ethanol is needed for the federally required gasoline mix. No Fuel from Food!
The weather has an affect on the amount of corn grown. The higher the temperature and lack of rain, the less corn there will be and the higher the price for corn. Higher priced corn is also from the ethanol producers driving up the price of corn with their demand. Not as much ethanol is produced, this can be a good thing!
Produce more alternative fuels from plants, WVO (waste vegetable oil), the bio mass or the waste stream (bio diesel). Renewable energy from Solar, Wind, Hydro.,Thermal, Tidal and Nuclear for EV's and plug in Inbreds.
Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. Consider using other forms of less expensive transportation to lower your cost.
The price of fuel at the pump is too high!
12/22/2012!
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remay
Champion Author Houston

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Message Posted: Jul 1, 2012 6:43:48 AM

How ironic... shouldn't this be telling us something?
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DrCashFlow
Champion Author Massachusetts

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Message Posted: Jul 1, 2012 6:13:28 AM

Mandate ethanol out of gasoline
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jetlagAK
Champion Author Anchorage

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Message Posted: Jun 30, 2012 11:25:38 PM

Another scam and waste of taxes.
Anyone else 2012!
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NorthglennBill
Champion Author Denver

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Message Posted: Jun 30, 2012 11:22:41 PM

Be nice if they would shut down all the ethanol making plants and stop putting it in our gasoline.
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jimedB
Champion Author Riverside

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Message Posted: Jun 30, 2012 11:07:21 PM

Great. So now not only have they driven the cost of corn up by using it to make ethanol to water down our gas but by shuting down production they will also drive up the price of the ethanol too. Before they started adding this stuff to our gas I got 44+MPG highway and now with their "Clean" addatives I am lucky to get 32 to 35MPG. Seens to me this is just a way to get us to buy more gas so they can generate more tax revenue without having to raise the tax.
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cupboy
Champion Author Salt Lake City

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Message Posted: Jun 30, 2012 11:01:43 PM

Where can I get more info on this?: the tax that has recently been placed on E-free gasoline
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suzmar
Champion Author Texas

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Message Posted: Jun 30, 2012 11:01:16 PM

Good, I would like them to stop production of ethanol. jrsva has it exactly right!
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DEG
Champion Author Las Vegas

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Message Posted: Jun 30, 2012 11:01:08 PM

The requirement for ethanol in fuel should be ended!!! Corn is better for food or livestock feed.
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cwashi3324
Champion Author Cincinnati

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Message Posted: Jun 30, 2012 11:00:02 PM

cool
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grandamgt1
Champion Author Illinois

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Message Posted: Jun 30, 2012 10:59:31 PM

id rather have 'plain' gas anyway. too bad this just means the price of blended gas will no doubt go up.
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n3tbc
Veteran Author Wilmington

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Message Posted: Jun 30, 2012 10:59:27 PM

Ok
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jrsva
Champion Author Virginia

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Message Posted: Jun 30, 2012 10:56:20 PM

Right idea, wrong reason. They should be stopping ethanol production because ethanol is a junk fuel used to contaminate good gasoline. Congress must repeal the regulations requiring the blending of ethanol with gasoline and also repeal the tax that has recently been placed on E-free gasoline. This tax causes those fortunate enough to have E0 available to pay 20-30¢ more per gallon, an unnecessary and artificially inflated price.

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MahopacJack
Champion Author New York

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Message Posted: Jun 30, 2012 10:55:53 PM

And the high corn prices were the result of...... ?
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dabbadu
Champion Author New York

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Message Posted: Jun 30, 2012 10:55:36 PM

High time.
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bonzoonfmb
Champion Author Florida

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Message Posted: Jun 30, 2012 10:55:01 PM

Ha Ha. I hope the ethanol producers go broke.
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pgerassi
Champion Author Milwaukee

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Message Posted: Jun 30, 2012 10:54:57 PM

Success breeds some problems. Once the heat wave is over, prices will drop and plants can restart.
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tidalwave3
Champion Author Tallahassee

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Message Posted: Jun 30, 2012 10:53:49 PM

Make popcorn not ethanol :)
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GLCSHADOW
Champion Author Oregon

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Message Posted: Jun 30, 2012 10:52:52 PM

Dump ethanol. Bad idea and getting worse as time goes by.
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69Bonne
Champion Author Gary

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Message Posted: Jun 30, 2012 10:52:41 PM

Whey do we need it anyway? Just to support corn? Remember when more corn was being used for Ethanol, jacking up demand, and higher food prices.
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Taurus1
Champion Author Ohio

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Message Posted: Jun 30, 2012 10:52:40 PM

corn prices go up & less gas purchased.....hummmmmmmm.
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mstearno
Champion Author Dayton

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Message Posted: Jun 30, 2012 10:47:42 PM

no food for fuel
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gumbyrex
Champion Author Fresno

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Message Posted: Jun 30, 2012 10:45:10 PM

Definitely a step in the right direction. Keep the plants idle forever.
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Ahking
Champion Author Orange County

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Message Posted: Jun 30, 2012 10:44:32 PM

Ethanol was a transitional fuel.
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TheHermit
Champion Author Maine

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Message Posted: Jun 30, 2012 10:40:24 PM

I agree with the Darkknight
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csblesson
Champion Author Texas

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Message Posted: Jun 30, 2012 10:40:23 PM

Ok, USA will grow, brazil will starve
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clermont40miles
Champion Author Cincinnati

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Message Posted: Jun 30, 2012 10:40:07 PM

Ethanol is a losing proposition.

Subsidies are gone so profit - at expense of US taxpayers - is also gone.
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serrog
Champion Author Nova Scotia

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Message Posted: Jun 30, 2012 10:39:05 PM

Good news
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jlisk1970_us
Champion Author St. Louis

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Message Posted: Jun 30, 2012 10:37:27 PM

always something.
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us4usa
Champion Author Missouri

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Message Posted: Jun 30, 2012 10:36:38 PM

Not good when chops are over $14 for #100...
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JimL1
Champion Author Phoenix

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Message Posted: Jun 30, 2012 10:34:55 PM

Now if the Republican congress would just repeal the law requiring ethanol in gasoline instead of Whining about ObamaCare.
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darkknight1
Champion Author Winston-Salem

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Message Posted: Jun 30, 2012 10:32:53 PM

Wish they'd do away with all ethanol in gas
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AKmailman
Champion Author Alaska

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Message Posted: Jun 30, 2012 10:29:56 PM

old news, anyway, corn is for eating not for fuel
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MRHONEST
Champion Author Illinois

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Message Posted: Jun 30, 2012 10:29:55 PM

SO!
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IrishCowboy
Champion Author Fort Wayne

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Message Posted: Jun 30, 2012 10:29:53 PM

It's too bad they're only doing it because the corn prices are high. They should be cutting back production because it's a stupid idea to burn our food for fuel.
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ace12012
Champion Author Phoenix

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Message Posted: Jun 30, 2012 10:29:37 PM

hope ethanol gas goes away.
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big_mac64
Champion Author Tennessee

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Message Posted: Jun 30, 2012 10:26:59 PM

I read this same story by the same source yesterday....
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KhelbenArunson
Champion Author Michigan

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Message Posted: Jun 30, 2012 10:24:46 PM

Well perhaps they should make it more cost effective? or come up with a cheap alternative fuel.
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Wildman14
Champion Author Virginia

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Message Posted: Jun 30, 2012 10:23:50 PM

Shouldn't have been using corn to begin with.
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carloco75
Champion Author Richmond

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Message Posted: Jun 30, 2012 10:19:12 PM

Thank goodness this garbage isn't in Diesel...
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hank1326
Champion Author Los Angeles

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Message Posted: Jun 30, 2012 10:18:07 PM

NO MORE ETHANOL PLEASE!! Time for more cost efficient domestic energy options.
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Feud
Champion Author Ontario

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Message Posted: Jun 30, 2012 10:17:25 PM

Yup.
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BigDenOH
Champion Author Cincinnati

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Message Posted: Jun 30, 2012 10:12:44 PM

Wow
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mgune9
All-Star Author Dallas

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Message Posted: Jun 30, 2012 10:12:15 PM

get rid of ethanol and EPA
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gavinON
All-Star Author Toronto

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Message Posted: Jun 30, 2012 10:12:05 PM

hmmm
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sillywagon
Champion Author New York

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Message Posted: Jun 30, 2012 10:09:28 PM

Good news! The more idle corn ethanol plants... the better.
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Number43
Champion Author Lexington

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Message Posted: Jun 30, 2012 10:09:12 PM

Corn is people food. Use natural gas not corn to fuel cars.
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Number43
Champion Author Lexington

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Message Posted: Jun 30, 2012 10:07:37 PM

They are the ones who have caused the high prices.
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nigelb
Champion Author Virginia

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Message Posted: Jun 30, 2012 10:07:30 PM

No one should be surprised that ethanol makers are controlling the supply and price by controlling production!
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