CLEO Logo

School of Management and Labor Relations

Keyword Search

Mid-Missouri Energy: Ethanol from Corn 

by: Reinhardt, Forest L.; Holbrook, Noel Michele; Weber, James; Sartor, Karla
Source: Harvard Business School 

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 which bought its product, and ongoing uncertainty about corn and ethanol price swings.


Details

Link: None
Publication Date: 2010-12-01
Pages: 33