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Pacific Ethanol optimistic about 2008 plant production

By Sarah Smith

March 10, 2008

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U.S. ethanol imports rebound

By Jessica Ebert

March 10, 2008

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Raven Biofuels, Pure Energy to merge

By Jerry W. Kram

March 10, 2008

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Orion Ethanol to build renewable fuels campus

By Timothy Charles Holmseth

March 10, 2008

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BBI International Media becomes carbon-neutral

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By Timothy Charles Holmseth

March 10, 2008

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Xethanol sells cellulosic sites

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By Sarah Smith

March 10, 2008

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EERC biomass workshop abstracts due March 14

By Timothy Charles Holmseth

March 10, 2008

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USDA names chief economist

By Jessica Ebert

March 10, 2008

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Back To Reality

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By Ron Kotrba and Anduin Kirkbride McElroy

March 10, 2008

After the gold rush mentality of 2006, ethanol project developers are facing the harsh realities of fluctuating commodity prices, a struggling economy and scarce capital. Some proposed projects are dropping out, but excellent projects are still getting funded.

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For most of its history, the ethanol industry was dominated by small plants owned by farmer cooperatives and limited liability companies. These pioneering efforts were boosted by the Farm Credit System, which looked at the industry as part of its mandate to help farmers expand their markets. When the industry began to boom, Wall Street and commercial banks started putting a lot of money into the ethanol industry. But with a looming credit crisis, is it time for the FCS to again take the lead in financing growth in the industry?

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