OMAHA (DTN) -- Though U.S. ethanol plant profits have come down a little since the start of spring, the latest look at DTN's hypothetical ethanol plant shows profits remain strong ahead of the Memorial Day weekend and summer driving season.
DTN Ethanol Analyst Rick Kment said ethanol profitability remained "extremely strong" in May, although ethanol prices are starting to stabilize after significant price shifts through late spring.
In 2006, DTN created a hypothetical, 50-million-gallon Neeley Biofuels ethanol plant to track profitability. Kment has continued to track the plant's profitability and writes about it in his daily ethanol comments.
The plant ...