Ethanol oversupply impact on Nebraska
Source: Karla James • Nebraska Radio Network • Posted: Wednesday, March 14, 2012
Gavin says tanks are full some of that product has to work its way through the system before more is manufactured to refill those tanks. That means the plant is dark. Gavin stated they anticipated a downturn but didn’t think it would be this bad. He says it will likely be late April or the first part of May before they start production.
This is having an impact in other areas as well. Cattle feeders now are having a tough time getting a hold of a by-product of the ethanol plant, distiller’s grain. Gavin says with the high price of corn needed to make ethanol, selling distillers grain was a way they could make ends meet.