# The Andersons' $915 Million Ethanol Deal Puts Rensselaer Plant at the Center of a Potential Corn Market Shift

> The Andersons has proposed acquiring Harvestone Low Carbon Partners for $915 million, including the Iroquois Bio-Energy ethanol plant in Rensselaer, Indiana. The plant produces about 60 million gallons of ethanol annually and uses nearly 19 million bushels of Indiana corn; if completed, the deal would give The Andersons a second ethanol plant in the state.

- Date: 2026-11-09 · published 2026-11-09T06:06:57.741Z
- Category: policy · region United States · magnitude medium
- Page: https://feedsoft.ai/events/88741-the-andersons-915-million-ethanol-deal-puts-rensselaer-plant-at-the-center-of-a
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

The acquisition could strengthen The Andersons’ corn procurement and processing presence in northwestern Indiana, supporting local corn demand. The demand effect remains prospective until the transaction is completed.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-09-04 | [Ethanol push turns India into corn importer, shaking up global market](https://feedsoft.ai/events/28323-ethanol-push-turns-india-into-corn-importer-shaking-up-global-market.md) | -1.4% | +4.9% |
| CORN | 2025-06-17 | [Mexico’s constitutional amendment bans plantings of GMO corn - The Organic & Non-GMO Report](https://feedsoft.ai/events/24178-mexico-s-constitutional-amendment-bans-plantings-of-gmo-corn-the-organic-and.md) | -2.5% | -4.3% |
| CORN | 2026-10-29 | [ADM steps up Columbus ethanol plant expansion as biofuel demand strengthens, ETChemicals](https://feedsoft.ai/events/1360-adm-steps-up-columbus-ethanol-plant-expansion-as-biofuel-demand-strengthens.md) | -1.5% | — |
| CORN | 2025-04-10 | [Grain ethanol’s potential to boost farmers income by ₹35,000 crore: report launch and round-table discussion](https://feedsoft.ai/events/25108-grain-ethanol-s-potential-to-boost-farmers-income-by-35-000-crore-report-launch.md) | +3.1% | -3.3% |
| CORN | 2025-04-29 | [Agricultural potential of the Black Sea region: New opportunities and challenges of the 2025/26](https://feedsoft.ai/events/14213-agricultural-potential-of-the-black-sea-region-new-opportunities-and-challenges.md) | -3.7% | -1.3% |

## Sources

- hoosieragtoday.com: https://www.hoosieragtoday.com/2026/11/08/the-andersons-purchase-rensselaer-ethanol-plant/
- wwbl.com: https://www.wwbl.com/2026/11/08/the-andersons-915-million-ethanol-deal-puts-rensselaer-plant-at-the-center-of-a-potential-corn-market-shift/

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