It’s interesting to see how changes in the market have affected a growing and wildly popular industry such as ethanol production. While it’s always been a speculative industry at best, in it’s current state, it has gained a significant foothold in the United States for its use as an alternative fuel. Though it’s obvious that without continued research into better methods of processing and alternate sources of raw materials, it is a temporary solution at best.

With the corn shortage caused by the recent flooding in Iowa and Minnesota raising the cost of corn to record highs, the Ethanol Industry has suddenly seen a drastic decline in profits and speculation. Since corn in the last year has been in short supply anyway, these events have led to anxiety amongst farmers and business people in Minnesota particularly, where ethanol production has become something of a cottage industry.

Check out this article from the Star Tribune for more information.

For more info on all facets of Ethanol production and its uses visit:

Understanding Ethanol Production and Use