I wanted to send out a quick informational update about us here at the plant. Due to the current circumstances and the demobilization of the country, during the next couple of weeks Husker Ag has elected to keep one of our plants down. We just completed a spring maintenance turnaround and rather than bring both plants online, we are waiting until we see a more clear picture of the virus and fuel demand as the terminals are starting to fill up.
We are in fine financial standing, with a large unused line of credit, as well as significant cash assets. We will continue to pay timely for your corn.
Also, we are taking every precaution to safeguard our employees, and as such are restricting access to the site by outside visitors and vendors. We also ask that you follow our signs and policies when you are on the property.
This week, the Department of Homeland Security reaffirmed that ethanol plants are a part of the Nation’s Critical Infrastructure. So as such, we are fairly confident that we will continue to operate even in a quarantine situation.
We appreciate your business and we will try to keep updating you as things change.
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