Can The Ethanol Industry Be Sustained At Current Corn & Oil Prices?

Cattlenetwork.com
2/19/2009 7:39:00 AM

The US ethanol industry is in a financial pinch. Some plants and some multi-plant companies have had some fits, and starts, and burps in the past year. Some are history and others are living on their past financial laurels. Economic factors have changed since the go-go days of 2007 and 2008 when oil prices were rocketing upward, carrying ethanol and corn on its back. With oil prices playing on both sides of the $40 mark, can ethanol remain financially viable?

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