Coronavirus is making its presence felt in the ethanol industry. Many ethanol plants are on the verge of closing as margins have become non-existent with lower gas prices and declining demand for transportation fuel nationwide.
In this episode of The Ethanol Report, we hear from Renewable Fuels Association Chief Economist Scott Richman about the price and demand picture, three ethanol producers provide perspective on how coronavirus is impacting them, and RFA CEO Geoff Cooper discusses actions Congress and the administration should take now to avoid a potential collapse in the ethanol industry. Ethanol producers included are Jeanne McCaherty, CEO, Guardian Energy Management; Randy Doyal, CEO, Al-Corn Clean Fuel; and Chad Friese, General Manager, Chippewa Valley Ethanol Company, representing plants in Minnesota, South Dakota, and Ohio.Ethanol Report 3-23-20 (21:32)
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