Ethanol production has been a boon to Nebraska’s economic vitality, according to a recent economic impact study conducted by University of Nebraska-Lincoln economists. The study, entitled “Economic Impacts of the Ethanol Industry in Nebraska”, was published in mid-April. The study examined the economic impact of Nebraska’s ethanol industry from 2009 through 2014.
During that five-year period, Nebraska’s ethanol industry generated products valued between $4 billion and $6.6 billion annually. This value includes not only ethanol but also distillers grains, a livestock feed that is produced at ethanol plants.
“Nebraska has a unique advantage known as the ‘Golden Triangle’”, said David Merrell, a St. Edward farmer and chairman of the Nebraska Corn Board. “The combination of corn, livestock and ethanol production provides significant opportunity to add value at every step along the production chain-and that creates jobs, revenue and economic vitality from border to border in the state.”
for full story see December 16 Courier