2012 a Tough Year for Ethanol; 2013 Not Much Better

Both U.S. ethanol prices and production fell in 2012 compared with the previous year. And the chances are good that it won’t get a whole lot easier for producers in the year ahead.

According to a January 31 report from the U.S. Energy Information Admn., spot prices for U.S. fuel ethanol were lower throughout most of 2012 compared to 2011. Prices were relatively stable during the first half of 2012, but rose at mid-year as…

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