Ethanol plants idled

Ethanol plants idled

st. louis

The drought is taking a tollSFlbon producers of ethanol, with corn becoming so scarce that nearly two dozen ethanolSFlbplants have been forced to halt production, including a Valero Energy Corp. plant in Bloomingburg, Ohio.

The Renewable Fuels Association provided data to The Associated Press showing that 20 of the nation’s 211 ethanol plants have ceased production in the past year, including five in January. Most expect to resume after 2013 corn is harvested in August or September.

Scandal spreading

paris

Europe’s horsemeat scandal is spreading and threatening cross-border tensions, as France says Romanian butchers and Dutch and Cypriot traders were part of a supply chain that resulted in horsemeat disguised as beef being sold in frozen lasagna around Europe.

No one has reported health risks from the mislabeled meat, but it has unsettled consumers.

Associated Press

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .70, 28.58 .03

Avalon Holdings,3.84.01

Clear Channel, .33 31.27 —.20

Cortland Bancorp, 10.00.00

Farmers Nat., .126.57 —.12

First Energy, 2.20, 40.22.07

FirstMerit Corp., .64,15.15 —.09

First Niles Financial, .32,7.10.00

First Place Fin., .0074.00

FNB Corp., .48,11.87.08

General Motors,28.57.10

General Electric, .76,22.50.02

Motors Liquidation, .0422.00

Huntington Bank, .16, 7.19.05

JP Morgan Chase, 1.20,48.63.40

Key Corp, .20,9.57.07

LaFarge, 14.75 —.14

Macy’s, .80, 39.92—.35

Parker Hannifin, 1.64, 94.32.52

PNC, 1.60,63.35—.30

RTI Intl. Metals,30.64.18

Simon Prop. Grp.,4.40,162.761.97

Stoneridge 6.61 .16

United Community Fin. 3.20—.01

Selected prices at 4 p.m. Friday. Provided by Stifel Nicolaus. Not to be construed as an offer or recommendation to buy or sell any security.

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