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As losses rise, biofuel makers seek financial lifeline

biofuel

America’s biofuel industry, al­­ready under siege because of the sudden drop in fuel consumption during the COVID-19 crisis, absorbed more blows last week as industry leaders and lawmakers look for a financial lifeline.

Estimates say that one-half of the country’s ethanol production capacity is offline. ADM last week announced it had idled its big plant in Cedar Rapids, as well as one in Nebraska. 

A new...




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