Ethanol Producers Face Tough Challenges From Floods and Soaring Corn Prices, but One Risk Management Expert Sees Hope in New USDA Supply and Demand re

The Wall Street Journal - MarketWatch

Newest Supply and Demand Estimates Show an Increase in Corn Available for Ethanol Production in 2009, Which Should Help Ease Corn Prices

Last update: 11:21 a.m. EDT July 15, 2008

WICHITA, KS, Jul 15, 2008 (MARKET WIRE via COMTEX) -- Prompted by massive floods in the Midwest, soaring corn prices, volatile commodities markets and on ongoing "food versus fuel" debate, the ethanol industry is on the cusp of a major restructuring period that will likely involve several plant shutdowns, mergers and acquisitions, according to one industry analyst at United Bio Energy. But a report released Friday by the U.S. Department of Agriculture contains signs of hope for ethanol producers.

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