Alchem ethanol plant in North Dakota shuts down
Prices for North Dakota: a bushel of corn costs $3 and can make three gallons of ethanol. The "rack price" (what distributors pay) for a gallon of ethanol is currently around $1.70. Earlier, it was $2.50. No figure was given where the plant could afford to start back up.
[Source: Ryan Bakken / Grand Forks Herald]
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