The ethanol industry is struggling and a number of players are facing bankrupcy:
The ethanol industry built tremendous production and transportation infrastructure. It was a "if we build it, they will come" strategy.
Then, the world fell apart. Prices for gas at the pump are back down well below $3 instead of being headed toward $5 as they were in August.
Verasun says it will keep operating, but common shareholders have been crushed to death. The stock was at nearly $18 late last year. Now it is under $.40.
The only quibble I have is in the first sentence. I would would have written the ethanol strategy as "If we seek rents, they will come."