In the biggest economic challenge since the creation of the ethanol industry, reduced fuel demand, blows to the livestock sector and other coronavirus related impacts have led to more than $3.4 billion in revenue losses for ethanol in just four months.
Scott Richman, Chief Economist for the Renewable Fuels Association did an analysis of ethanol losses from the pandemic so far.
“The impact on ethanol production and consumption exceeded 1.3 billion gallons.
