NEWS
Ethanol Profitability Improves
Todd Neeley DTN Staff Reporter
Wed Nov 27, 2013 09:23 AM CST

OMAHA (DTN) -- While the ethanol industry fights to prevent a cut in the Renewable Fuel Standard, ethanol plants have generally seen their profit margins continue to improve as corn prices have tumbled throughout 2013.

According to a study by Bruce Babcock, professor of economics at Iowa State University and Cargill-endowed chair of energy economics and director of the Biobased Industry Center, the average price received by corn farmers in March was $7.13 per bushel.

"The average price received in October was $4.49 per bushel, a drop of 37%," the study said. "Corn prices have not been this low since ...

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