NDSU Extension Bioenergy Economist David Ripplinger says the ethanol business isn’t bad right now for refiners. Ethanol use is stable, prices are higher and the margins are there to keep many U.S. refiners operating. “For the most part, refineries can make it work. It’s not as great as it could be if corn prices were lower, but the margins are ok.” Ripplinger is watching how much more the ethanol industry can give if there’s no give on ethanol prices. “A few weeks ago, things were more difficult. Oil prices were stuck in a rut, but now, they’re growing. It’s not overly concerning, but everyone wants to see American motorists back on the road.”
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