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

Monday, December 15, 2008

Ethanol Funds Tapped Out

KXMC TV
Dec 11 2008 7:44AM
Associated Press

Bismarck, N.D. (AP) A state fund that helps North Dakota ethanol plants is expected to run out of money this month.

Ethanol producers can tap into the fund when Corn prices are high. Randy Schneider of the North Dakota Ethanol Producers Association said that's what happened in the third quarter of the year when corn sold for nearly $6 a bushel.

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