WASHINGTON — The Federal Trade Commission (FTC) has issued the “2009 Report on Ethanol Market Concentration.” This is the FTC’s fifth annual report on the state of ethanol production in the United States, as required by the Energy Policy Act of 2005.
The report concludes that the U.S. fuel ethanol market, measured either on the basis of production capacity or on actual production, remains unconcentrated.
As of Sept. 2009, 160 firms produced ethanol in the United States – the same number as cited in the FTC’s 2008 report. In addition, the largest ethanol producer’s share of capacity remained the same, at 11 percent of domestic ethanol production capacity, down from 16 percent in 2007, 21 percent in 2006, 26 percent in 2005 and 41 percent in 2000.
BEFORE YOU GO…
… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.
If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.Click for more info