NDSU: Ethanol contributes $623.4 million to ND economy annually

By Haley Olson | August 08, 2017

North Dakota’s ethanol industry contributes $623.4 million to the economy annually, according to a report from the North Dakota State University Department of Agribusiness and Applied Economics.

“The industry generated $187.7 million of economy-wide personal income and $121.5 million in retail trade activity,” said Deana Weise, executive director of North Dakota Ethanol Council. North Dakota’s ethanol industry is directly responsible for 234 jobs and more than 10,000 indirectly, according to Weise.

North Dakota’s five ethanol plants purchase 40 to 60 percent of the state’s corn to produce 500 MMgy, according to Weise. Up to 90 percent of that is exported.

“North Dakota is fortunate to have a diversified fleet of five ethanol plants across the state, each with its own unique success story,” said Jeff Zueger, NDEC chairman and AgEnergy Group CEO. “These facilities have a very positive impact on the local communities in addition to the significant contribution to the North Dakota economy.”

The North Dakota Ethanol Council works directly with NDSU for research.