Archer Daniels enters ethanol pact
According to the Associated Press, agricultural processor Archer Daniels Midland Co., has entered an agreement with Siouxland Ethanol LLC to market ethanol produced at a Nebraska plant now under construction. Siouxland Ethanol''s facility, located about a mile outside of Jackson, will produce about 50 million gallons of ethanol and consume 18 million bushels of corn annually. The plant is expected to employ 32 people and should be operational in early 2007. It will also produce about 165,000 tons of distiller grains each year. Ethanol is alcohol made from plants, usually corn. It is an oxygenate that makes fuel burn cleaner. There are 12 ethanol plants operating in Nebraska that produce more than 500 million gallons annually. Nebraska is the third-leading ethanol producer in the nation, and about 25 percent of the state''s current crop is used to produce the fuel.