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  • November 2010 (Revised December 2010)
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Mid-Missouri Energy: Ethanol from Corn

By: Forest L. Reinhardt, Noel Michele Holbrook, James Weber and Karla Sartor
  • Format:Print
  • | Pages:33
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Abstract

Mid-Missouri Energy (MME) is a farmer-owned cooperative that produces ethanol from corn. The cooperative has performed well in comparison to other producers, but margins in the industry had declined as industry production levels neared market demand limits. MME farmers needed to decide whether to take advantage of their success and expand through acquisitions, whether they should sell the plant, or whether they should continue current operations. MME must consider ongoing regulatory changes that impacted the industry, the possible impact of imported ethanol, the power of the petroleum industry that bought its product, and ongoing uncertainty about corn and ethanol price swings.

Keywords

Agribusiness; Renewable Energy; Governing Rules, Regulations, and Reforms; Policy; Growth and Development Strategy; Cooperative Ownership; Business and Government Relations; Agriculture and Agribusiness Industry; United States

Citation

Reinhardt, Forest L., Noel Michele Holbrook, James Weber, and Karla Sartor. "Mid-Missouri Energy: Ethanol from Corn." Harvard Business School Case 711-004, November 2010. (Revised December 2010.)
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About The Author

Forest L. Reinhardt

Business, Government and the International Economy
→More Publications

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More from the Authors
  • Accounting for Loan Losses at JPMorgan Chase: Predicting Credit Costs By: Jonas Heese, Jung Koo Kang and James Weber
  • Master Kong: Growing the Instant Noodles Market in China By: Forest Reinhardt and Shu Lin
  • Korea: The Miracle on the Han River By: Sophus A. Reinert and Forest Reinhardt
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