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High soybean price halts biodiesel production in Minnesota plant

Photo by Skidrd. Licensed under Creative Commons license 2.0. digg_url = 'http://digg.com/environment/High_soybean_price_halts_biodiesel_production_in_Minnesota'; Is SoyLess too easy here? The SoyMor biodiesel plant in Albert Lea, Minnesota is responding to the high prices for soybean oil by stopping production of biodiesel, at least temporarily on Friday. Soybean oil costs make up 80 percent of a biodiesel plants operating costs, according to the USDA, so even a little jump has a huge impact. In 2007, though, prices leaped from 28 cents ... Read more →

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