Mick Henderson runs the Commonwealth Agri-Energy ethanol plant in western Kentucky. He said the past year for U.S. ethanol producers, including in the Ohio Valley, has been rough.
“We’ve just passed our 15th anniversary just now, and this is going to be one of our weakest years,” Henderson said.
Ethanol prices have been down the past year because supply of the grain-based fuel is at a record high. Retaliatory tariffs on corn from countries like China have also hurt prices because corn and grain targeted by tariffs are used by ethanol plants.