The pace of recovery in the ethanol industry depends on how quickly overall fuel demand gets back to pre-COVID levels.

Randy Gard with Nebraska-based Pump & Pantry convenience stores thinks it could be another six months or more.

“It could take until the second quarter next year before people kind of come out of their huts and start traveling again,” Gard says.

Nathaniel Doddridge with Iowa-based Casey’s General Stores says some changes in travel behavior may be permanent—for instance, a lot more people working at home.

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