Nebraska ethanol producers get millions in aid | Local Business News
The federal government is providing tens of millions of dollars in aid to Nebraska ethanol producers.
The U.S. Department of Agriculture announced last week that it is giving more than $700 million in relief to more than 100 biofuel producers and nearly 200 facilities, including nearly $100 million to 11 biofuel producers with Nebraska operations.
The largest amount, more than $27.4 million, went to Omaha-based Green Plains Inc., which has facilities in Nebraska, Minnesota, Illinois, Indiana, Tennessee and Iowa. Chief Industries, which has ethanol plants in Hastings and Lexington, got more than $18 million, while E-Energy Adams received $14 million.
The money, which was made available through the Biofuel Producer Program, created as part of the Coronavirus Aid, Relief, and Economic Security Act, is meant to help offset losses caused by the pandemic. USDA said in a news release that the U.S. biofuels industry sustained…
