Results of Missouri Ethanol Economic Impact Study released

By | March 01, 2002
A recent study has shown Missouri may be able to support three more ethanol plants. The state already has facilities in Macon and Craig. Last month, the leaders of the Missouri Corn Growers Association (MCGA) and the Missouri Corn Merchandising Council (MCMC) announced the completion of a statewide study to determine employment and economic benefits of fuel ethanol production in Missouri. MCGA and MCMC commissioned the study in November 2001 to help quantify the impact of current and planned ethanol production in the state. The three-month study evaluated direct and indirect benefits of ethanol production in Missouri using actual financial results from the plants and a sophisticated statistical modeling.