Illinois agriculture will feel impact of crisis

ethanol pump
There’s another side to the low gas prices(Photo courtesy Flickr/MichaelCote)

 

By Dave Dahl

SPRINGFIELD – The worldwide coronavirus crisis will have an impact on Illinois agriculture.

To Steve Kelly, who runs One Earth Energy, an ethanol plant in Gibson City, it’s Econ 101: Supply and demand.

“The value of our corn market today has fallen from its high,” Kelly said. It has taken some of the brunt, which is going to negatively impact those farmer-producers, but, again, the ethanol industry consumes about one-third of the corn crop, and you are going to see a downturn of our production; so, hence, the consumption of their corn bushels is going to create less demand for corn.”

Kelly, whose company is One Earth Energy, says one third of Illinois corn is made into ethanol. He has another line which seems to be recovering.

“We have actually seen some pretty good demand, now that those tariffs have been removed, and we have seen the Asian markets return and give us some pretty good values for our” distiller’s dried grains with solubles.

DDGS is an ingredient in ethanol.

Dave Dahl can be reached at news@wjbc.com

Blogs

Is federal mobilization the answer?

By Mike Matejka As President Donald Trump threatens to send federal marshals into Chicago, over the objections of Illinois Governor J.B. Pritzker, recall another Illinois Governor who protested the incursion of armed federal personnel into the city.   Those federal troops, rather than calming, escalated the situation, leading to deaths and violence. Illinois poet Vachel Lindsay…

In these troubled times, to my fellow white Americans

By Mike Matejka Our nation is at a unique watershed in human relations. African-Americans have been killed too many times in the past before George Floyd, but the response to this man’s death is international and all-encompassing. I was a grade-schooler during the Civil Rights 1960s. I watched Birmingham demonstrators hosed and the Selma – Montgomery…

Workers’ Memorial Day – Remember those whose job took their life

Looking around our community, when we say employer, most will respond to State Farm, Country, or Illinois State University.   We too often forget those who are building our roads, serving our food, or our public employees. COVID-19 has made us more aware of the risk.  Going to work every day for some people means…

Everyone counts and you could make the difference

By Mike Matejka How many federal dollars will there be for road repairs?  To feed hungry families?  How many Illinois representatives will there be in Congress?  Are Illinois communities going to get their fair share? There’s only one way to ensure our community gets treated properly – answer the census. The every ten year U.S. census,…