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Corn Ethanol Boom in Brazil

PHOTO: FS BIOENERGIA

May 22, 2022

BY Katie Schroeder

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Gevo reports profitable Q3

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By Erin Krueger

4 hours ago

Operations Sustainable Aviation Fuels Carbon Capture Business 

Gevo Inc. released third quarter results on Nov. 10, reporting record-high revenue and net income. During an earnings call, company officials provided an update on plans to expand ethanol production capacity in North Dakota.

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Bunge and GDM on Nov. 10 announced a strategic joint venture, Enerseed, to develop high-quality, novel oilseeds as feedstocks for biofuels. The JV will focus on developing a portfolio of promising, non-traditional oilseeds.

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The USDA maintained its forecast for 2026-’27 soybean oil use in biofuel production in its latest World Agricultural Supply and Demand Estimates report, released Nov. 10. The estimate for 2025-’26 soybean oil use in biofuel production was revised up.

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The USDA raised its forecast for 2026 soybean production in its latest Crop Production report, released Nov. 10. The agency now predicts soybean production for beans will reach a record-high 4.57 billion bushels.

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Calumet Inc. on Nov. 6 announced Montana Renewables delivered record high earnings for Q3. During an earnings call, company officials discussed the ongoing MaxSAF initiative and a related asset lease agreement announced Nov. 5.

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