Good points, CIF
Here's some information I got from reliable sources.
States with highest ethanol production in 2006:
Iowa 1.1 billion gallons
Illinois 780 million gallons
Nebraska 543 million gallons
Nebraska is planning to increase production to 1.05 billion
gallons and become the number two producer in the U.S.
The ethanol industry will use 4 billion bushels of corn per year by January 1, 2008. That's one third of the total U.S. crop.
One bushel of corn yields 2.3 to 2.7 gallons of ethanol.
A plant producing 100 million gallons of ethanol annually will use 42 million bushels of corn and produce 330,000 tons
of Dried Distiller's Grains (DDG's).
The selling price of DDG's is approaching $175 per ton.
Taking into account fluctuating prices of corn, storage, transport and so on, each AENS plant will have revenues of
approximately $50-60 million per year from the sale of Dried Distiller's Grains.