Agricultural Economics Department

 

Date of this Version

February 2007

Comments

Published in Cornhusker Economics, 02/14/2007. Produced by the Cooperative Extension, Institute of Agriculture and Natural Resources, Department of Agricultural Economics, University of Nebraska–Lincoln.
http://www.agecon.unl.edu/Cornhuskereconomics.html

Abstract

When will ethanol plants stop being built? Ethanol plants under construction in Nebraska will have the capacity to grind over 40 percent of the Nebraska corn crop by the end of 2007, and nearly 60 percent by the end of 2008. Nationally, capacity for these years will be roughly 25 percent and 35 percent of the crop. The plants under construction will bring total annual ethanol production to 11 billion gallons or so, well over the renewable fuels standard of 7.5 billion gallons by 2012.