# Interview: Ringneck Energy looks to avoid US ethanol industry's woes: CEO

> Ringneck Energy's CEO said its new 80 million gallon ethanol plant in Onida, South Dakota, has operated since passing performance tests on June 4. He said other ethanol plants are shutting down amid negative margins, which the industry blames partly on EPA small-refinery exemptions.

- Date: 2019-08-30 · published 2019-08-30T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/57583-interview-ringneck-energy-looks-to-avoid-us-ethanol-industry-s-woes-ceo
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Ethanol plant closures reduce corn grind and distillers grains output, which is bearish for corn demand and modestly tightens DDGS supply.

## Read by commodity

- CORN: bearish ▼
- DDGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-04-02 | [How EPA is Destroying Demand for Ethanol and Corn \| Energy.AgWired.com](https://feedsoft.ai/events/65399-how-epa-is-destroying-demand-for-ethanol-and-corn-energy-agwired-com.md) | +2.3% | +3.1% |
| CORN | 2020-03-19 | [Energy Markets Erode Ethanol Margins](https://feedsoft.ai/events/54133-energy-markets-erode-ethanol-margins.md) | +1.1% | -1.8% |
| CORN | 2021-03-19 | [China looks to cut corn, soymeal content in animal feed \| Feed Strategy](https://feedsoft.ai/events/48099-china-looks-to-cut-corn-soymeal-content-in-animal-feed-feed-strategy.md) | +11.4% | +14.1% |
| CORN | 2023-09-15 | [EU to carry out surveillance on fuel ethanol imports amid steep increases since 2021](https://feedsoft.ai/events/34084-eu-to-carry-out-surveillance-on-fuel-ethanol-imports-amid-steep-increases-since.md) | -7.1% | -4.6% |
| CORN | 2021-02-24 | [Mexico to Ban Glyphosate, GM Corn Presidential Decree Comes Despite Intense Pressure from Industry, U.S. Authorities \| Inter Press Service](https://feedsoft.ai/events/48619-mexico-to-ban-glyphosate-gm-corn-presidential-decree-comes-despite-intense.md) | +0.7% | +5.4% |

## Sources

- spglobal.com: https://www.spglobal.com/commodityinsights/pt/market-insights/latest-news/agriculture/083019-interview-ringneck-energy-looks-to-avoid-us-ethanol-industrys-woes-ceo

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