# Grim economics wallop ethanol and corn producers | MPR News

> Corn Plus, an ethanol co-op in Winnebago, Minnesota, is closing indefinitely after 25 years, laying off 37 workers. The article links the closure to low margins, a saturated ethanol market and the ongoing trade war with China.

- Date: 2019-09-09 · published 2019-09-09T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/57068-grim-economics-wallop-ethanol-and-corn-producers-mpr-news
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

One plant closure removes a modest amount of corn demand and DDGS supply; it reflects the broader ethanol downturn that is weighing on Midwest corn use.

## Read by commodity

- CORN: bearish ▼
- DDGS: bullish ▲

## Sources

- mprnews.org: https://www.mprnews.org/story/2019/09/09/grim-economics-wallop-ethanol-and-corn-producers

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