Item 7.01 Regulation FD Disclosure

On March 14, 2023, Cardinal Ethanol, LLC (the "Company") posted its March 2023 newsletter on its website and sent the newsletter to its unit holders. The newsletter is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

The information in this Item 7.01 (including Exhibit 99.1) is being furnished pursuant to Regulation FD Disclosure. The information furnished, including exhibits, is not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended.

Item 9.01 Financial Statements and Exhibits



(a)None.

(b)None.

(c)None.

(d)Exhibits.

Exhibit No.  Description

     99.1             Newsletter for Cardinal Ethanol, LLC dated March 2023.
      104             Cover Page Interactive Data File (embedded within the Inline XBRL document).

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