The Minnesota Department of Agriculture has released a new report on the state's ethanol industry. Below are some the report's key points.
- Minnesota has 21 ethanol plants with a total annual production capacity of 1.1
billion gallons or 3.3 million metric tons (2010).
- Ten of the 21 ethanol plants are farmer-owned co-operatives, bringing direct
economic returns to farmers and rural communities.
- Minnesota produced 862 million gallons of ethanol in 2009.
- Ethanol consumption in Minnesota was estimated at 243 million gallons in 2009,
about 28% of the total ethanol production.
- The state’s net ethanol export was 619 million gallons – or 72% of the production.
- At the 862 million-gallon production level in 2009, Minnesota’s ethanol industry
generated an estimated $2.5 billion in total economic output and 6,854 jobs.
- The 1.1 billion gallon production by 2010 is projected to generate a total of $3.1 billion in economic output and 8,395 jobs.
No comments:
Post a Comment