Photo: #Ethanol plants like this one are springing up all over the upper Midwest. But lower prices for ethanol, combined with high corn prices, are pushing some to the brink of bankruptcy.
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Ethanol plants like this one are springing up all over the upper Midwest. But lower prices for ethanol, combined with high corn prices, are pushing some to the brink of bankruptcy. (MPR photo/Mark Steil)

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Ethanol prices are falling while corn prices go up

October 3, 2007

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St. Paul, Minn. — The price of ethanol is falling, even while corn prices are hitting near record highs. Industry observers say that's putting some U.S. ethanol companies on the brink of bankruptcy.

MPR's Cathy Wurzer talks with Minnesota Agriculture Commissioner Gene Hugoson about the state of Minnesota's ethanol industry.

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