Center for Advanced BioEnergy Research, University of Illinois at Urbana-Champaign

Monday, July 21, 2008

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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