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Iowa State University Extension

Rastetter discusses future of U.S. ethanol industry

Bruce Rastetter

With continued improvement in corn genetics, 300-bushel per acre yields will provide enough grain to supply both ethanol and livestock production demands. So predicted Bruce Rastetter, CEO of Hawkeye Renewables, at the North Central Iowa Crop and Land Stewardship Clinic in Iowa Falls Jan. 3. Some 250 grain producers and agribusiness professionals heard Rastetter speak on the future of the ethanol industry in the United States.

According to Rastetter, the southeastern United States is a huge potential market for ethanol. But ethanol is only one of several solutions to reducing the United States’ dependence on foreign oil. Alternatives such as wind and solar energy also are an important part of the equation. In addition, federal incentives are necessary to encourage alternative energy production to reduce the United States’ dependence on fossil fuels, Rastetter said.  

A long-time entrepreneur, Rastetter last fall made a $1.75 million commitment to the Entrepreneurship Program in Iowa State University’s College of Agriculture and Life Sciences.

ISU Extension crop specialists presented information on relevant grain production and land stewardship topics, said Darwin Miller, ISU Extension education director for Hardin County. ISU Extension in Hardin County was the lead partner in planning and conducting the clinic, which also featured an agribusiness trade show. For more information, contact Miller at

This article appeared in January 2008 -- From Jack Payne Newsletter