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Ethanol, the Key to Recovery of the Farm Economy

The U.S. ethanol industry added $42.1 billion to the nation’s gross domestic product and supported nearly 340,000 jobs in 2016, according to a just released study. The report suggests that continued  growth of the renewables sector is the key to recovery  in the farm economy. Matt Merritt, with POET, the nation’s largest ethanol producer and operator of the majority of ethanol plants in Indiana, says the key to turning the current dismal farm economy around is growth in the ethanol sector, “Ethanol can play the most important role in overcoming the challenges that face rural America.”

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Hoosier Ag Today
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