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Corn supply will affect DDGS prices

By Sean Broderick

June 26, 2013

Markets Coproducts 

DDGS Report

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Ethanol Report

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Six blender fuel pumps are featured at a new gas station in Velva, N.D. The Farmer's Union Oil Co. convenience store was financed with more than $3 million in loans and grants, including a grant of $159,000 from the Rural America for Energy Program.

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A representative of Pella, Iowa-based Vermeer Corp. advocated for a more open, transparent trade relations with Brazil during a recent U.S. House of Representatives Ways and Means Trade Subcommittee hearing.

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The alternative fuels market is evolving faster than anticipated in California, heartening those involved in implementing the state's Low Carbon Fuel Standard. A report concludes the state can meet its carbon intensity goals for transportation fuel.

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The National Council of Chain Restaurants has launched a new campaign to repeal the renewable fuels standard (RFS). Representatives of the ethanol industry have been quick to criticize the action and dispute NCCR's claims.

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The Raizen Energia business unit, which focuses on the production and sale of sugarcane products, operated 24 sugar, ethanol and cogeneration mills during the fourth quarter of FY 2013, producing 1.9 billion liters of ethanol.

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On June 19 an American Motorcycle Association-organized group of motorcyclists will descend on Capitol Hill to talk about the dangers of E15 for use in motorcycles and all-terrain vehicles. E15, however, isn't approved for use in those vehicles.

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A recent FarmDocDaily post shows increased ethanol prices over the past three months has moderated the impact of high corn prices and put the ethanol industry into positive margins again.

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The U.S. Energy Information Administration has published data showing that ethanol production has partially recovered since last year's drought. Production is expected to increase after the third quarter, and average 930,000 barrels per day in 2014.

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It's my first full day back to work after FEW and my mind is still filled with the many interesting things I learned about.

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ABF Economics has released a detailed analysis showing no direct correlation between the renewable fuel standard (RFS) and the overall increase in food prices. Another recent report by the World Bank demonstrated oil prices have the largest impact.

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The National Association of Convenience Stores has released the results of a survey on E15 and E85 it conducted. The survey reveals that approximately three out of five consumers said they would consider using E15 if priced the same as gas.

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The benefits of Enogen trait technology from Syngenta Corp. are piquing the interest of ethanol plants now more than ever. Interest is also expanding among farmers, with nearly 300 growers contracted to grow more than 64,000 acres this season.

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The leaders of Growth Energy, the Renewable Fuels Association and the American Coalition for Ethanol, all came together on stage during the June 11 general session of the 29th Annual International Fuel Ethanol Workshop & Expo in St. Louis, Mo.

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The California Council on Science and Technology has released the final report associated with its California's Energy Future project, finding that substantial amounts of cellulosic and drop-in biofuels are required to meet the state's GHG goals.

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New E85 blender pump location opens in Nebraska

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By Nebraska Ethanol Board, Nebraska Corn Board

June 07, 2013

New flex fuel pumps are now open in David City, Neb., at the RB's Corner Stop on Highway 15. This is the state's 83rd retail location with E85/flex fuel pumps that offer ethanol blended fuels such as E85 for flex fuel vehicles.

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State legislators in Maine have approved a bill prohibiting the sale of corn-based ethanol. However, the ban only goes in effect if 10 other states or a number of states with the collective population of 30 million pass similar bills.

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California's Fifth District Court of Appeal handed down a provisional ruling in the lawsuit filed by Poet LLC against the California Air Resources Board that states the the state's low carbon fuel standard (LCFS) program will continue to operate.

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At the start of the new season, the sugarcane crush in Brazil's south central region is nearly double that of a year ago, though it is still down from the volume processed two years ago. Ethanol production is keeping pace with last year.

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Starting with the question, "What price of corn will make E85 competitive?" University of Illinois economists Scott Irwin and Darrel Good examined the breakeven prices of E85, ethanol and corn.

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Iowa's E15 retailers were recently forced to stop selling E15 because oil refiners won't supply the gasoline blendstock required for the summer months. A recent conference call was held to discuss the petroleum distribution monopoly.

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The 29th annual International Fuel Ethanol Workshop & Expo, the ethanol industry's largest and longest-running conference, will take place June 10-13 in St. Louis. The conference will feature more than 140 speakers and four program tracks.

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Less than a year after opening a demonstration facility, Switzerland-based Clariant AG announced that it has expanded the feedstocks successfully converted to cellulosic ethanol beyond wheat straw to include corn stover and sugarcane bagasse.

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On June 5, the House Committee on Oversight and Government Reform Subcommittee on Energy Policy, Health Care and Entitlements held a hearing on the federal renewable fuel standard (RFS). No members of the biofuel industry were invited to testify.

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The U.S. EPA has published data on renewable identification numbers (RINs) generated in April. More than 1.08 billion D6 renewable fuel RINs were generated during the month, the highest monthly number reported since August 2012.

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Florida Gov. Rick Scott has signed legislation into law repealing the state's renewable fuel standard (RFS), calling the program a state mandate on Florida businesses that is duplicative of the federal renewable fuel standard.

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