Love it or hate it. Farmers around here will haul corn past the local elevator to the ethanol plant because they pay more at times. livestock producers will use the byproduct to feed their livestock.
The govt subsidizes ethanol, pretty much always have.
40% of corn is used to make it. It’s not a money maker by itself, it needs propped up, and it is.
“Most analysts believe the ethanol refining industry would not survive without the subsidies from both federal and state governments.”