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Ag Processing Idles Ethanol Mill in Nebraska on High Corn Prices

Bloomberg -- Ag Processing Inc., a grains processor, said it shut operations at its ethanol plant in Hastings, Nebraska, because of high corn prices.

The plant was idled today, and the company will evaluate market conditions to determine when it will restart, Omaha, Nebraska-based Ag Processing said in a statement on its website.

Before Ag Processing’s announcement, 18 ethanol plants had been idled since June as drought in the Midwest scorched and shrank corn crops and raised costs to make the grain into ethanol, according to data from the Renewable Fuels Association, a Washington-based trade group.

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Submitted Feb 02, 2013 By: EnviroChemist

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Banjoe Champion Author Winnipeg Posts:4,252 Points:614,265 Joined:Apr 2011	Message Posted: Feb 3, 2013 8:56:17 PM Ignore Banjoe Report Abuse Pathetic!
jethro5000 Champion Author Kentucky Posts:1,877 Points:391,235 Joined:Jun 2005	Message Posted: Feb 3, 2013 4:08:01 PM Ignore jethro5000 Report Abuse With this drought, and the resulting low production/yields, the use of corn in ethanol simply drives the shortage causing food prices to go up...
bston Champion Author Oklahoma City Posts:1,820 Points:642,275 Joined:Mar 2011	Message Posted: Feb 3, 2013 3:08:45 PM Ignore bston Report Abuse Corn is meant for nutrition & food, not for vehicles!
remay Champion Author Houston Posts:6,963 Points:2,117,390 Joined:May 2006	Message Posted: Feb 3, 2013 12:34:37 PM Ignore remay Report Abuse Now another reason to jack up pump prices...
DrCashFlow Champion Author Massachusetts Posts:7,064 Points:1,627,125 Joined:Jun 2008	Message Posted: Feb 3, 2013 2:12:42 AM Ignore DrCashFlow Report Abuse andreus family a bunch of crooks that cultivated d.c. connections big time
NHLiveFree Champion Author New Hampshire Posts:11,095 Points:1,623,180 Joined:Jun 2008	Message Posted: Feb 2, 2013 11:38:31 PM Ignore NHLiveFree Report Abuse What a shame! Too bad a few prefer to rant and whine here rather than discuss this news article. You can thank big corporations like Archer Daniels Midland and a few other 'Corn Hucksters' for ethanol from corn CVA...
camaro_man Champion Author Kitchener-Waterloo Posts:2,231 Points:611,025 Joined:Jun 2010	Message Posted: Feb 2, 2013 11:22:36 PM Ignore camaro_man Report Abuse what a waste
CVA19 Champion Author Salem Posts:2,393 Points:609,450 Joined:Aug 2011	Message Posted: Feb 2, 2013 9:45:01 PM Ignore CVA19 Report Abuse This won't matter to the EPA. At some point they'll just start fining the gasoline refineries when they run out of ethanol to create the mandated mixture--even though there is none to be had.
JamesCalvin Champion Author Lancaster Posts:3,186 Points:519,555 Joined:Nov 2011	Message Posted: Feb 2, 2013 7:13:21 PM Ignore JamesCalvin Report Abuse Oups!
Ebaz Champion Author Oklahoma City Posts:3,246 Points:715,310 Joined:Apr 2011	Message Posted: Feb 2, 2013 7:00:56 PM Ignore Ebaz Report Abuse Natural gas baby!
paulweb All-Star Author Ohio Posts:806 Points:354,920 Joined:May 2011	Message Posted: Feb 2, 2013 6:23:31 PM Ignore paulweb Report Abuse Yet liberal EPA will not grant a waiver for ethanol blends.
Costello Champion Author South Dakota Posts:1,411 Points:1,154,440 Joined:Jan 2007	Message Posted: Feb 2, 2013 6:20:57 PM Ignore Costello Report Abuse Even ethanol can't make a profit with high oil prices!!! It always amazes me that how ignorant people are about the corn used for ethanol though...
reeneedan Champion Author San Jose Posts:1,200 Points:385,245 Joined:May 2011	Message Posted: Feb 2, 2013 6:19:28 PM Ignore reeneedan Report Abuse at least this is a step in the right direction
jnseyeongas All-Star Author Milwaukee Posts:755 Points:594,160 Joined:Feb 2011	Message Posted: Feb 2, 2013 6:18:47 PM Ignore jnseyeongas Report Abuse I'm not an ethanal fan
splitrman Champion Author Victoria Posts:1,315 Points:316,315 Joined:Jun 2012	Message Posted: Feb 2, 2013 6:17:26 PM Ignore splitrman Report Abuse good lets give corn back to the animals and people and look at natural gas
Dennisjk Champion Author Detroit Posts:6,486 Points:1,925,450 Joined:Apr 2006	Message Posted: Feb 2, 2013 6:17:23 PM Ignore Dennisjk Report Abuse They need to get rid of ethanol.
DustyHorse Champion Author Virginia Posts:6,087 Points:1,391,845 Joined:Oct 2008	Message Posted: Feb 2, 2013 6:14:59 PM Ignore DustyHorse Report Abuse Ethanol in fuel is bad for the environment, our pockets and are gas powered engines. It is just bad policy. Too bad the corn lobby always gets their way with our elected officials. Now they are talking about E15.
slowtrain Champion Author Georgia Posts:3,667 Points:948,900 Joined:Aug 2008	Message Posted: Feb 2, 2013 6:12:04 PM Ignore slowtrain Report Abuse Corn is for food anyway. Not fuel.
mickealo Champion Author Spokane Posts:6,162 Points:2,144,435 Joined:Oct 2006	Message Posted: Feb 2, 2013 6:10:58 PM Ignore mickealo Report Abuse I wish they would just stop using it it is bad for gas mileage and is a killer of small engines
aarrrt Champion Author San Diego Posts:7,276 Points:1,652,545 Joined:May 2008	Message Posted: Feb 2, 2013 6:09:28 PM Ignore aarrrt Report Abuse Good
bobsalwaysmt Champion Author Long Island Posts:4,660 Points:265,815 Joined:Oct 2007	Message Posted: Feb 2, 2013 6:08:54 PM Ignore bobsalwaysmt Report Abuse Shut em all!
msf1527 All-Star Author San Bernardino Posts:551 Points:133,370 Joined:Nov 2012	Message Posted: Feb 2, 2013 6:05:02 PM Ignore msf1527 Report Abuse Its easier to drill....
Rhino8of8 Champion Author Wisconsin Posts:1,245 Points:374,390 Joined:Jan 2012	Message Posted: Feb 2, 2013 6:03:07 PM Ignore Rhino8of8 Report Abuse I agree with SOLONGCOLD
LtRTH Champion Author St. Louis Posts:1,772 Points:584,820 Joined:May 2011	Message Posted: Feb 2, 2013 6:02:26 PM Ignore LtRTH Report Abuse Shut it down for good. This gov't needs to stop the ethanol mandates and subsidies
Ken825 All-Star Author Pennsylvania Posts:622 Points:145,460 Joined:Nov 2012	Message Posted: Feb 2, 2013 6:02:06 PM Ignore Ken825 Report Abuse They should all shut down. Corn is for eating and feeding.
SOLONGCOLD Champion Author Ann Arbor Posts:1,107 Points:271,140 Joined:Nov 2010	Message Posted: Feb 2, 2013 5:59:55 PM Ignore SOLONGCOLD Report Abuse corn's for eating and feeding the cattle. We have enough fuel that we're sitting on.
no8c Champion Author Ohio Posts:2,804 Points:704,850 Joined:Jul 2008	Message Posted: Feb 2, 2013 5:55:26 PM Ignore no8c Report Abuse Thanks for posting this article!
papapacker Champion Author Wisconsin Posts:8,429 Points:1,699,360 Joined:Aug 2007	Message Posted: Feb 2, 2013 5:54:45 PM Ignore papapacker Report Abuse No to Ethanol
briinnc Champion Author North Carolina Posts:2,705 Points:834,820 Joined:Jan 2010	Message Posted: Feb 2, 2013 5:54:12 PM Ignore briinnc Report Abuse Bit will the EPA back off? Hell, no, they're too stupid.
teafortwo Champion Author Washington Posts:22,111 Points:1,385,815 Joined:Feb 2009	Message Posted: Feb 2, 2013 5:52:34 PM Ignore teafortwo Report Abuse Flex fuel from waste is the way to go ;0} Food is for the table.
warlord1 Champion Author Georgia Posts:5,250 Points:1,034,975 Joined:May 2010	Message Posted: Feb 2, 2013 5:52:32 PM Ignore warlord1 Report Abuse good. we don't need ethanol!!!!!!
nugney Champion Author Atlanta Posts:2,931 Points:2,031,565 Joined:Jan 2006	Message Posted: Feb 2, 2013 5:46:48 PM Ignore nugney Report Abuse Corn should be eaten anyway
jrschl Champion Author Louisville Posts:2,967 Points:681,065 Joined:Jun 2011	Message Posted: Feb 2, 2013 5:46:41 PM Ignore jrschl Report Abuse Consumers are going to be bent over a barrel on this news.
PithyOpiner Champion Author Stockton Posts:16,205 Points:1,597,545 Joined:Jun 2008	Message Posted: Feb 2, 2013 5:46:14 PM Ignore PithyOpiner Report Abuse And, isn't it the Ethanol Industry that is the cause of high corn prices? lol....now this is justice! What goes around, comes around.
bigmace111 Champion Author Albany Posts:2,723 Points:614,600 Joined:May 2011	Message Posted: Feb 2, 2013 5:38:42 PM Ignore bigmace111 Report Abuse good
ericbcire Champion Author Nevada Posts:4,520 Points:1,267,385 Joined:Aug 2009	Message Posted: Feb 2, 2013 5:37:36 PM Ignore ericbcire Report Abuse Ethanol is bad news for consumers.
01DuraMAX Champion Author Tacoma Posts:3,479 Points:717,095 Joined:Apr 2008	Message Posted: Feb 2, 2013 5:37:14 PM Ignore 01DuraMAX Report Abuse OK, EAT Corn, Close down the Ethanol Plants
DABEE1073 Champion Author San Diego Posts:8,205 Points:1,573,085 Joined:Jun 2008	Message Posted: Feb 2, 2013 5:36:44 PM Ignore DABEE1073 Report Abuse Outlaw Ethanol not GUNS.
twopairAL Veteran Author Huntsville Posts:481 Points:102,665 Joined:May 2012	Message Posted: Feb 2, 2013 5:31:52 PM Ignore twopairAL Report Abuse ok
hibsaw Champion Author Mississippi Posts:8,042 Points:1,681,965 Joined:Feb 2008	Message Posted: Feb 2, 2013 5:31:13 PM Ignore hibsaw Report Abuse Wish they would close them all.
reidlej Veteran Author Columbus Posts:403 Points:606,475 Joined:Jul 2011	Message Posted: Feb 2, 2013 5:30:41 PM Ignore reidlej Report Abuse This amid the discussion about E15 gasoline, and it takes more ethanol!
Paw5X Champion Author Gary Posts:9,903 Points:2,268,280 Joined:May 2005	Message Posted: Feb 2, 2013 5:28:08 PM Ignore Paw5X Report Abuse Ain't that nice!
repeater1 Champion Author Topeka Posts:8,303 Points:2,365,820 Joined:Oct 2005	Message Posted: Feb 2, 2013 5:27:09 PM Ignore repeater1 Report Abuse The should idle all of the ethanol plants. Corn is for eating not fuel.
borsht All-Star Author Oakland Posts:798 Points:190,560 Joined:Aug 2012	Message Posted: Feb 2, 2013 5:26:12 PM Ignore borsht Report Abuse orn is the wrong source for ethanol, it's food. 60% of our food comes from corn and wheat.
milespergallon Champion Author Illinois Posts:9,749 Points:1,908,585 Joined:Feb 2007	Message Posted: Feb 2, 2013 5:25:53 PM Ignore milespergallon Report Abuse Stop producing the damaging, engine ruining junk and the prices will go down. It should never had stated to begin with since the agency that started it aand controls it is an illegal agency
HEBster Champion Author Kentucky Posts:8,788 Points:2,374,025 Joined:May 2006	Message Posted: Feb 2, 2013 5:25:49 PM Ignore HEBster Report Abuse Never cared for e...
geepy All-Star Author Long Island Posts:779 Points:521,595 Joined:Aug 2009	Message Posted: Feb 2, 2013 5:24:59 PM Ignore geepy Report Abuse time for seaweed
R209 Champion Author California Posts:6,570 Points:241,595 Joined:Jul 2012	Message Posted: Feb 2, 2013 5:23:54 PM Ignore R209 Report Abuse Ethanol will never be the answer.
Toppers Champion Author Atlanta Posts:9,012 Points:2,470,695 Joined:Mar 2005	Message Posted: Feb 2, 2013 5:19:25 PM Ignore Toppers Report Abuse Still not a fan...
GoneUpAgain Champion Author Atlanta Posts:7,605 Points:1,345,250 Joined:May 2004	Message Posted: Feb 2, 2013 5:18:00 PM Ignore GoneUpAgain Report Abuse A drought destroying a third of the corn crop didn't help the price either.