Biofuel Energy (BIOF) says it's decided to idle its Fairmont, Minnesota ethanol facility until...


Biofuel Energy (BIOF) says it's decided to idle its Fairmont, Minnesota ethanol facility until further notice. The plant ceased ethanol production at the end of last week, as commodity margins continue to weaken due to the drought and ethanol remains in a state of high surplus. The company noted however, that its second plant in Wood River, Nebraska will continue to operate. Shares -0.5% AH.

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  • petten
    , contributor
    Comments (121) | Send Message
     
    It should shut down permanently.

     

    Food is for feeding people, not gas tanks.

     

    Government is to serve tax payers, not for running Ponzi schemes like social security and the federal budget.
    24 Sep 2012, 08:00 PM Reply Like
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