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.
Eight states told the Supreme Court on Wednesday that small-refinery exemptions to the Renewable Fuel Standard reduced the mandate by an average of 7% each year, causing more than $2 billion in lost demand for renewable fuel each year.
AltEn LLC, an ethanol plant in Mead, Nebraska, remains idle and faces a
lawsuit from the state of Nebraska over millions of gallons of toxic water that
spilled in February 2021 and 84,000 tons of distillers grains from treated corn
seed piled on its property. The ethanol plant also owes more than $518,000 in
back property taxes. Still, the owners are seeking to transfer a permit for
their 30,000-head adjoining feedyard to a Texas operation.
FNebraskans Worry About Toxic Seed Piles
Most U.S. wholesale fertilizer prices are expected to rise in the short
term as demand for spring applications picks up across the country.
1^DTN Fertilizer Outlook
Four North American Class I railroads filed comments with the Surface
Transportation Board opposing the merger without a strict review taking place.
BCash Market Moves
Central Iowa farmers share valuable lessons learned after two derechos to
mitigate financial losses and reconstruction delays.
BDerecho Teaches Farm Family Lessons
U.S. corn was 4% planted as of Sunday, April 11, USDA NASS reported on
BUSDA Weekly Crop Progress Report