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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