I remember discussing building a new ethanol plant in a young farmers group back then. Corn was around 2 dollars a bushel. A little under, depending on where you wanted to haul it. We were discussing if we could count on an additional dime in basis improvement if the plant went in.

Wife and I invested in it and it has turned out alright. Still going. Some years get a check, some years not.

Little did I know, though should have with inflation, we would be takling about farmers going broke again at today's prices. Or couse expenses have certainly kept pace with the additional income. Farmers are doomed to compete all the profit out of whatever is offered. Just the nature of the game.