For the U.S. ethanol production industry, 2016 represented the fourth consecutive year of positive ethanol production profits. Surging ethanol export demand was largely responsible for the upswing in profits.
But changing trade policies under the new Trump Administration have put a damper on profits in recent weeks. Uncertainty in the market will not benefit the ethanol industry.
In 2016, net profits average $0.12 per gallon, about $0.05 higher than in 2015, with cumulative net profit for the year at $13 million.
Read more about this analysis of the ethanol industry at Farm Doc Daily.
You won't want to miss this important feature on what's coming in the future of the American ethanol industry.Learn More
Illinois corn farmers were featured during February 2's Big Game, helping all of Illinois understand just how important corn is to Illinois and its economy.Learn More
Did you know that anything using a petroleum-based plastic could be replaced with a renewable bio-based plastic?Learn More