U.S. ethanol producers drew a bleak picture of their industry in quarterly filings and analyst calls this week, detailing how the critical farm belt business has been devastated by President Donald Trump’s trade war with China and biofuels management policies that they say have tilted toward oil refiners. The ethanol business had grown for years at breakneck speed but its outlook has dimmed due to Washington’s aggressive protectionist stance and the administration’s unpredictable management of its renewable fuel program. No. 4 U.S. ethanol producer Green Plains Inc reported a net loss of $12.5 million in the third ... (full story)