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Corn use for fuel ethanol at 432 million bushels in November

January 28, 2021

BY Erin Krueger

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Divert opens North Carolina facility, expanding its circularity platform in the Southeast

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Divert Inc. on Nov. 10 announced the opening of its new Integrated Diversion & Energy Facility in Lexington, North Carolina. The new facility transforms unsold food that can no longer be donated into renewable natural gas (RNG).

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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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