Plymouth Energy suspends ethanol production until market improves

July 30, 2019 |

In Iowa, the board of Plymouth Energy has decided to suspend production until further notice due to negative margins, absent a deal with China or a serious pullback in production. All existing corn contracts on the books will be honored.  An orderly and timely process will take place to honor all purchase contracts of grain made to Lakeview-Plymouth Grains LLC.  The company says it looks forward to resuming production and hopefully the margin environment will cooperate in the not too distant future.

Print Friendly, PDF & Email

Tags: , ,

Category: Producer News

Thank you for visting the Digest.