# Call ethanol ‘transitional.’ Just don’t call it dead | The Gazette

> Iowa's biofuels industry is described as resurgent, with POET buying five Iowa ethanol plants and one Nebraska plant from Flint Hills Resources. The deal expands POET's capacity by 40% to 3 billion gallons a year and is expected to raise its corn purchases above 1 billion bushels annually.

- Date: 2021-09-21 · published 2021-09-21T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/45058-call-ethanol-transitional-just-don-t-call-it-dead-the-gazette
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Expanded ethanol capacity increases corn grind and DDGS output over time, supporting corn demand and feed co-product supply.

## Read by commodity

- CORN: bullish ▲
- DDGS: bullish ▲

## Sources

- thegazette.com: https://www.thegazette.com/iowa-ideas/call-ethanol-transitional-just-dont-call-it-dead/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.