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Brazil ethanol imports likely to be much larger this year

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By Susanne Retka Schill

May 06, 2013

Business Operations Markets 

Brazilian ethanol imports in 2013 are larger than earlier forecast at 600 million gallons, compared to 400 million gallons, according to University of Illinois economists Scott Irwin and Darrel Good.

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Global energy and commodity price reporting agency Argus has launched the Argus India ethanol assessment to meet growing demand for price references and transparency in the market.

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Brazil's Agricultural Trade Office has filed its annual sugar report with the USDA Global Agricultural Information Network. According to the document, Brazil's marketing year 2013-'14 sugarcane crop is forecast to reach 640 million metric tons.

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A bill proposed Rep. Jim Sensenbrenner, R-Wis., that would put E15 on hold for another round of studies was evaluated by the Congressional Budget Office. The cost evaluation followed the bill's passage in a full committee markup on April 11.

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A group of fourteen U.S. senators have sent a letter asking the acting U.S. trade representative and acting secretary of commerce to consider a World Trade Organization challenge to the five-year duty imposed on U.S. ethanol exported to the Europe.

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When you think of Neil Young, I'm betting the environment isn't the first thing that pops into your mind. Maybe it should.

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News of ethanol plant restarts and improved profitability is building some cautious optimism about the state of the ethanol industry in recent weeks, with most of the plants idled during last year's drought resuming production.

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Brazil's Ministry of Finance has announced it will implement three new measures to increase production and investment in its ethanol industry. The three new measures are in addition to the country's prior announcement to increase the blend level.

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Pending legislation in Minnesota could alter the state's ethanol mandate, allowing for the use biofuels under than ethanol to meet the current 10 percent renewable content requirement for gasoline. The measure is included in H.F. 976.

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I'm a self-professed geek. Journalism geek, word geek, ethanol geek, corn oil geek—shout geek out across a crowded room and my head will probably swivel.

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Ethanol Report

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Natural Gas Report

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DDGS Report

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Revenue from corn oil has become an important part of the bottom line at the majority of U.S. ethanol plants.

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Lack of transparency makes market analysis difficult.

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Confusion remains over how to interpret and compare various estimates of renewable identification number availability, said Nick Paulson, assistant professor in the Department of Agricultural and Consumer Economics at the University of Illinois.

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A new book written by supporters of fuel choice came out in 2012.

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The U.S. Energy Information Administration has released the April 2013 issue of its Short-Term Energy and Summer Fuels Outlook. The report addresses projected gasoline prices, ethanol production levels, blending, and the impact of higher RIN prices.

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U.S. ethanol exports decreased by a third from January to February, landing at a total of 42.5 million gallons of denatured and undenatured (non-beverage) ethanol, according to the most recent government data.

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Corn farmers have seen dramatically higher prices in recent years, increasing the profitability of farming and the prosperity of rural communities. A significant portion of this increase is being offset by higher production costs.

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IRFA: Baxter has driven around the world two times on E15

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By Iowa Renewable Fuels Association

April 11, 2013

The Iowa Renewable Fuels Association has announced that after a month of E15 sales at Kountry Korner, Baxter residents have successfully driven the equivalent of more than two trips around the world on E15.

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The U.S. Energy Information Administration has published updated data on alternative fuels and vehicles through 2011. The analysis addresses several alternative transportation fuels, including E85, hydrogen, electricity, natural gas and propane.

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Two University of Illinois economists are proposing to freeze renewable fuel standard (RFS) mandates in 2014 and 2015 at 2013 levels, arguing it represents a pragmatic way forward.

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The April WASDE report increased feed grain ending stocks for 2012-'13, while projecting feed disappearance lower and increasing corn use for ethanol by 50 million bushels.

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The public comment period on the U.S. EPA's proposed rule for the 2013 renewable fuel standard (RFS) is now closed. According to the rulemaking's docket folder on Regulations.gov, nearly 50 public comments were submitted on the proposal.

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The U.K. Department of Energy & Climate Change recently released an updated set of statistics on energy trends and prices. According to the release, ethanol accounted for 55 percent of the biofuels consumed in the U.K. during 2012.

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The Renewable Fuels Association has responded to the questions posed by the U.S. House of Representatives' Committee on Energy and Commerce in a white paper entitled, "Examining 'Blend Wall' Challenges."

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In a new FarmDocDaily post University of Illinois professors Scott Irwin and Darrel Good discuss the on-going cost of renewable fuel standard (RFS) compliance and the price of gasoline.

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