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Tired of the crying.
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Kooiker
Posted 12/16/2025 08:06 (#11471955 - in reply to #11471932)
Subject: RE: 80's ethanol



John Burns - 12/16/2025 07:52

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.




What year did that plant get built?   How many gallons/year did it produce?

First E plant I know of in this area would have been built in the mid/late 90's.   Probably started running somewhere in the 97-99 timeframe and was somewhere around 15 million gallons/year when it was built.

From what I was told it had some very very profitable years, and some not so profitable.  Not sure if its currently running or not, it has been sold at least twice from its original ownership and had been most recently used by larger companies as a guinea pig of sorts for trying out new ideas (usually lots of govt $'s involved) that almost always failed.      I think it is owned by a local group again that intended to run it as a ethanol production facility using proved methods.

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