An ethanol producer says the early days of coronavirus brought financial losses that unrivaled anything since the beginning of the industry.
Erik Huschitt is the CEO and General Manager at Badger State Ethanol and serves as the President of the Wisconsin Biofuels Association board. He says, “It wasn’t uncommon for an ethanol plant to be hemorrhaging millions of dollars a month at that time.”
Huschitt tells Brownfield more people are driving, which has increased demand for ethanol fuels, but the industry is not operating at a profit.