The oldest ethanol plant in Indiana has been idled due to the economy. The decision by New Energy Corp. in South Bend has reportedly prompted the lay off of 40 workers. The company is attributing the decision to “challenging economic conditions facing the ethanol industry.” The company has been around for more than 20 years …read more.

A U.S. Department of Agriculture crop production report is set to be released tomorrow and a Purdue Extension economist thinks the numbers will paint a “crushing” financial picture for farmers. Chris Hurt believes corn production will show a 25 percent decrease and soybeans will drop 13 percent throughout the country. Food manufacturers will have to …read more.