BIOFUEL PLANTS BRACE FOR POTENTIAL SHUTDOWNS

As fuel prices begin to drop nationwide, ethanol and biodiesel plants are making hard decisions as to whether to shut down or idle production. The Renewable Fuels Association and several other organizations are asking Congress and the White House in a letter to provide credit to pay workers, suspend business taxes, and amend the tax code to restore the ability of businesses to carryback any net operating losses against previous year tax payments. (Agri-Pulse)