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European producer reports doubled operating profit in Q3

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By Erin Krueger

January 11, 2013

Business Markets 

Germany-based ethanol producer CropEnergies AG has announced its operating profit more than doubled during its third fiscal quarter of 2012, which ended Nov. 30. The company attributes the increase, in part, to increased ethanol sales.

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Nebraska now has about 80 flex-fuel pumps with the addition of two new ones at the Stop N Go in Hartington, Neb. In California, Pearson Fuels just received a grant to install E85 dispensing equipment at 19 existing locations.

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A new post on the University of Illinois farmdoc daily website provide an update on how the reinstatement of the biodiesel tax credit might impact 2013 renewable fuel standard (RFS) compliance.

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On Jan. 8, the U.S. Energy Information Administration released the January issue of its Short-Term Energy Outlook, which is the first to include forecasts for 2014. The EIA's analysis predicts that ethanol production will rebound in 2013 and 2014.

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The American Coalition for Ethanol has reacted to the American Automobile Association's criticism of E15 by comparing and contrasting the organization's response to E15 with that of its response to the sale of 85 octane gas in South Dakota.

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The U.S Energy Information Administration's weekly ethanol plant production statistics show that ethanol production dropped off slightly during the final week of 2012, to 807,000 barrels per day. The four-week average was 822,000 barrels.

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Iowa's second E15 retail station opens in Fredericksburg

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By Iowa Renewable Fuels Association

January 04, 2013

The Iowa Renewable Fuels Association has announced that Fredericksburg Coop in Fredericksburg, Iowa now offers E15 as a registered fuel to 2001 and newer vehicles, becoming Iowa's second fuel retailer offering E15.

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Ace Ethanol, will partner with Sweetwater Energy Inc., a Rochester, N.Y.-based cellulosic sugar producer to generate cellulosic ethanol at Ace's plant for up to 16 years. Sweetwater will place a cellulosic sugar facility adjacent to the plant.

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Iowa State University''s Center for Agricultural and Rural Development recently published a policy brief on the outlook for ethanol and conventional biofuel renewable identification numbers (RINs) through 2014.

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The Biomass Crop Assistance Program may have been extended through 2013 with the passing of the American Taxpayer Relief Act of 2012, but the program's usefulness in the coming year is still uncertain.

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Japanese imports of U.S. dried distillers grains with solubles (DDGS) have increased fairly steadily since 2004, reaching an all-time high in 2012, according to a chart from U.S. Grains Council.

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Iowa ethanol output held steady at 3.7 billion gallons in 2012

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By Iowa Renewable Fuels Association

December 31, 2012

The Iowa Renewable Fuels Association announced that Iowa's 41 ethanol plants produced 3.7 billion gallons during 2012, matching 2011 production. It's estimated the state will have produced about 28 percent of U.S. ethanol in 2012.

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In late December the U.S. Energy Information Administration released its latest monthly energy statistics. The most recent Fuel Ethanol Overview includes data gathered for the first nine months of 2012.

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The European Commission has finalized its decision to apply no countervailing duties in the anti-subsidy case, which Ethanol Producer Magazine previously reported had been terminated.

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News that a nearly 10 percent anti-dumping duty will likely be imposed on U.S. ethanol imports to EU countries was confirmed by a majority vote of EU member countries on Dec. 20, bringing the matter one step closer to finalization.

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GPRE's BlendStar opens Alabama rail terminal

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By Green Plains Renewable Energy Inc.

December 19, 2012

Green Plains Renewable Energy Inc. has announced that BlendStar LLC, its wholly-owned subsidiary, has completed construction and has begun operations at its 96-car unit train terminal in Birmingham, Ala.

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RFA, Growth Energy issue statement on EU vote on import tariff

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By Renewable Fuels Association and Growth Energy

December 19, 2012

Today, the Antidumping Advisory Committee, composed of representatives from the EU Member States, endorsed a 9.6 percent penalty on U.S. ethanol exports to Europe.

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For the first time since the renewable identification number (RIN) system was established, there will be no RIN carryover on this year's production, due to high corn prices and reduced ethanol production levels, but stocks will not be depleted.

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In December, two state representatives in Florida introduced a bill to repeal the Renewable Fuels Standard Act. The legislation, HB 4001, would remove the requirement that all gasoline offered for sale in Florida be blended with ethanol.

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The latest data on ethanol exports and imports released by the U.S. Census Bureau show that, through October, U.S. ethanol exports are at 643.3 million gallons. Ethanol imports are during the same period measured nearly 390 million gallons.

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The National Corn Growers Association has launched a new web-based resource, www.EthanolFacts.com. The home page of EthanolFacts offers links to short articles on hot topics in ethanol circles: flex-fuel vehicles, food and fuel, and many others.

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The U.S. Energy Information Administration has released its December Short Term Energy Outlook, showing that ethanol production is expected to remain near current levels through mid-2013, but will return to pre-drought levels by the end of the year.

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The EU announced it will not oppose a European Commission decision to terminate the anti-subsidy proceeding concerning imports of U.S. ethanol and to terminate the registration of U.S. ethanol importers. An anti-dumping investigation is ongoing.

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Although ePURE, the European Producers Union of Renewable Ethanol, is happy with the direction things are going with the anti-dumping investigation against imported U.S. ethanol, it isn't commenting specifically on whether duties will be imposed.

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On Dec. 7, the Oregon Environmental Quality Commission elected to begin implementation of the state's Clean Fuels Program. A spokeswoman for the Oregon DEQ confirmed the commission voted four to one to implement the proposed rules for phase one.

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Markets shape ethanol production, Nathan Kauffman, an economist with the Federal Reserve Bank of Kansas City, argues in the most recent issue of the Main Street Economist. The analysis addresses mandates, the blend wall, and waiver requests.

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The USDA made no changes to its supply and demand projections for coarse grains in the U.S., including corn, in this month's supply/demand report, shifting its focus to global projections that indicate the global supply will be up by 7 million tons.

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Ethanol imports from Brazil have surged into the U.S. in recent months, University of Illinois ag economists Scott Irwin and Darrel Good point out, but not because it is cheap relative to ethanol.

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Expanding Market Access

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By Tom Buis

December 06, 2012

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The U.S. Energy Information Administration has published Annual Energy Outlook 2013 Early Release Overview. The document, which provides up an update of the AEO reference case, predicts a lower rate of growth for biofuels than the AEO2012.

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