Ag News: Sugar Cane Ethanol Plant and Much of U.S. in Drought
**A California company intends to build the first ethanol plant in America powered by sugar cane.
California Ethanol and Power intends to construct a $650 million plant on 160 acres, part of a $1.1 billion project that includes agreements with local farmers to grow sugar cane for the ethanol plant.
The plan is to have the plant running by late 2025, producing about 68 million gallons of ethanol every year.
**Consumers are shifting the blame for inflation from the pandemic to supply chain issues, according to a recent Consumer Brands Association poll.
The poll of 1,000 adults, found 72% said increased grocery prices were having a very significant or somewhat significant impact on their household budgets.
22% said not very significant impact, and just 6% said it was having no impact.
**The latest Drought Monitor shows much of the U.S. is dealing with dry conditions.
All but 16% of the West region is in some form of drought, with 28% considered D3-D4, the worst drought classifications.
Another 16% of the South region is drought-free, with 23% in D3-D4.
Meanwhile, 67% of the High Plains region faces drought conditions, along with 50% of the Midwest.
Finally, 63% of the Southeast region is in drought, along with 36% of the Northeast region.