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Renewable Fuels Association
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Each year brings with it new challenges and greater opportunity for America’s ethanol producers. In 2009, that certainly was the case. The recession, volatility in commodity markets, rising energy costs, and a dysfunctional capital market left our industry reeling, like many others. It was one of the hardest years in our industry’s short history. Yet, despite the worldwide economic crisis, the ethanol industry did what it always does: endured and continued moving ever-forward. The industry produced a record 10.6 billion gallons of ethanol in 2009. Efficiency enhancements and innovations in production combined with improved farming techniques allowed to achieve this record with existing corn acreage and reduced process water. Looking to the future, the industry faces challenges that can be turned into opportunity with hard work and cooperation. The industry will continue to be challenged by efforts to regulate carbon and account for land use change.
