Fall is bringing in a bumper crop of stories about ethanol earnings, corn prices and whether the gold rush is over.
Associated Press, NEW YORK — Makers of ethanol, an alternative fuel derived from corn, witnessed a third-quarter retreat from the strong industry conditions that characterized the second quarter: peak oil and ethanol prices, and rapid demand growth for ethanol as a gasoline additive.
Toledo Blade – Investing in ethanol was a high-octane activity this year, especially when the price of regular gasoline surpassed $3 a gallon. “There’s huge interest in ethanol,” said Charlie Rentschler, a 30-year agribusiness analyst now with Wall Street Access, a New York firm.
UPI – WASHINGTON — The rising cost of corn amid increased demand and sliding oil prices may hurt the burgeoning ethanol industry.
Forbes – Everything has been going right for ethanol, the corn-mash moonshine that began getting the country truly giddy earlier this year. But now that giddiness is gone.