Poet Halts Output at Missouri Ethanol Plant on Corn Shortage

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Poet LLC, the second-biggest U.S. ethanol producer, said it will idle a plant in Macon, Missouri, because there isn’t enough corn available.

The plant, which has the capacity to produce 44 million gallons of the fuel annually, is in one of the areas hardest hit by the worst drought since the 1930s, Sioux Falls, South Dakota-based Poet said in an e-mailed statement.