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The impact of higher corn prices on the ethanol industry

If corn prices continue to rise, could we see a scenario similar to 2008, when many ethanol producers struggled financially and several were forced out of business?  At a recent news conference in Omaha, the CEO of Omaha-based ethanol producer Green Plains Energy, Todd Becker, reminded us that higher corn prices were not the chief reason for the ethanol industry’s woes in 2008.

AUDIO: Todd Becker (3 min MP3)