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This is not the time to be betting on first-generation biofuels. Add up the increasing cost of feedstocks and an overall tough economy and it's no great surprise that "going yellow," as it were, is not the easy path that some made it seem a year or so ago. The reality is hitting home. According to Reuters, about a dozen biofuel plants across the U.S. have filed for bankruptcy protection thanks to corn shooting up to $8 a bushel and ethanol's "miserable profit margins." The affected plants are mo

While ethanol prices might be trending upwards, there was some bad news from hopeful ethanol player BioFuel Energy Corp. this week. Two of the company's 115 mgpy plants that are under construction (in Wood River, Nebraska and Fairmont, Minnesota, I think) will open 90 days later than planned. The announcement doesn't give a precise explanation, but does say that "completion of the core production facilities and the instrumentation required to run it efficiently, which TIC [The Industrial Compan