• Home
  • News
    • Politics & Government
    • Business & Economy
    • Crime / Courts
    • Health / Medicine
  • Sports
    • High School Sports
    • Radio Iowa Poll
  • Affiliates
    • Affiliate Support Page
  • Contact Us
    • Reporters

Radio Iowa

Iowa's Radio News Network

You are here: Home / Agriculture / Siouxland Energy leader says RFS waivers ‘took the sails out’ of industry

Siouxland Energy leader says RFS waivers ‘took the sails out’ of industry

September 18, 2019 By Radio Iowa Contributor

A leader at a northwest Iowa ethanol plant says after the Trump Administration granted ethanol waivers to oil refineries in August, the plant just could not continue operating.

“Every one of them has hurt under the Trump Administration, but the last 31 were the final blow. In two days, ethanol prices dropped 18 to 20 cents…That just kind of took the sails out of the profitability of the ethanol industry,” said Kelly Niewenhuis, chairman of the board for Siouxland Energy in Sioux Center, which quit producing ethanol this week.

Niewenhuis said they’re hoping the fix being worked on by the Trump Administration will help turn things around.

“If we get the same response out of positive news that we got out of the negative news with the last round of small refinery exemptions and we get a 20-cent bounce in ethanol prices, it won’t take long to get this thing up and running again,” the Siouxland Energy board leader said. ‘

Niewenhuis said President Trump needs to keep his promise to farmers and the ethanol industry. Forty-two people have been working at the Sioux Center plant. Farmers in the area were annually selling Siouxland Energy 23.5 million bushels of corn for processing into ethanol.

(By Ken Anderson of the Brownfield Network)

Share this:

  • Facebook
  • Twitter

Filed Under: Agriculture, News, Politics / Govt Tagged With: Corn & Soybeans, Ethanol, Republican Party

Featured Stories

All bodies of missing now recovered from rubble of collapsed Davenport building

Governor signs child care expansion into law

Iowa seniors have until July 1 to apply for new property tax break

Smoke from distant fires creates colorful sunrise in Iowa

DOT’s Motor Vehicle Enforcement Division to merge into State Patrol

TwitterFacebook
Tweets by RadioIowa

What may be rare Michael Jordan trading card found in unclaimed deposit box

Hawkeye women to play Virginia Tech

Radio Iowa/Baseball Coaches Association High School Poll 6/5/23

Iowa eliminated at NCAA regional

Iowa names Beth Goetz interim AD

More Sports

Archives

Copyright © 2023 ยท Learfield News & Ag, LLC