U.S. ethanol makers steer away from fuel, reach for booze

https://www.reuters.com/article/us-usa-ethanol-idUSKBN1AH5CU

CHICAGO (Reuters) - A U.S. glut of fuel-grade ethanol has major producers, including Green Plains Inc (GPRE.O) and industry pioneer Archer Daniels Midland Co (ADM.N), pursuing other markets and idling excess capacity in an effort to rebuild sagging margins.