Renewable fuel manufacturers say they appreciate the coronavirus assistance some states have made in the absence of federal relief.
Erik Huschitt with Badger State Ethanol in Monroe, Wisconsin says Governor Tony Evers recently assigned 3.25-million dollars to help the state’s nine ethanol producers, but Huschitt does not expect the funds to be split up equally. “Dollars are going to be distributed based on the 4th quarter of 2019 ethanol gallons produced, and they thought that was the most equitable way to it when we didn’t have direct COVID implications where some people already had to shut down because of the hardships.”
Huschitt says many plants have invested in energy efficiency projects, higher-value co-products like corn oils and DDG’s, but it’s still not profitable.