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New contract lows hit in nearby corn futures

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By Jason Sagebiel, FCStone

August 28, 2014

Feedstocks Markets 

August is proving to be a month of making new contract lows in nearby corn futures. Soybeans had the same type of trade but the contract lows were for new crop. Mild temperatures and scattered moisture despite a dry July triggered some sell-off.

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Novozymes offers tips for trialing and optimizing its new enzyme, Avantec, and shares the story behind the lessons learned while troubleshooting issues in the intial trials.

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Hillco Technologies Inc., working in developmental partnership with John Deere, has developed the Hillco Single Pass Round Bale System, a revolutionary new system for harvesting corn and baling corn stover in one simple step.

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Rex American Resources Corp. has released financial results for the second quarter, with the company's CEO and Chairman Stuart Rose reporting the period was Rex American's best quarter in terms of earnings per share.

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Conn Center for Renewable Energy Research wins NSF grant

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By University of Louisville

August 28, 2014

A grant from the National Science Foundation will allow University of Louisville's Conn Center for Renewable Energy Research to expand. The $20 million award is being made for the "Powering the Kentucky Bioeconomy for a Sustainable Future" project.

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Northern Energy Solutions Ltd. is investing in an estimated $300,000 to $400,000, eight-month feasibility study to confirm details needed for the construction of a proposed 200,000 ton-per-year pellet plant in the Miramichi, New Brunswick, region.

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A grant from the National Science Foundation will allow University of Louisville's Conn Center for Renewable Energy Research to expand. The $20 million award is being made for the "Powering the Kentucky Bioeconomy for a Sustainable Future" project.

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The Department of Commerce's International Trade Administration has amended a recent announcement that it is accepting nominations for its renewable energy and energy efficiency advisory committee. The deadline is now set for Aug. 29.

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Chilean Undersecretary of Defense Marcos Robledo and United States Secretary of the Navy Ray Mabus agreed Aug. 22 to continue, through their respective navies, discussions on research, development and use of advanced drop-in alternative fuels.

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FutureMetrics LLC recently published a white paper that compares the costs and benefits of torrefied pellets and steam exploded pellets with traditional white pellets.

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Manitoba grant program to help support switch to biomass

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By Manitoba Agriculture, Food and Rural Development

August 27, 2014

The Manitoba government has doubled the Biomass Energy Support Program funding to $1 million, with the additional $500,000 of new funding targeted to applied research projects that will support the growth of the biomass industry.

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CHS Inc.has announced a new program to better enable some of the 1,400 Cenex branded locations to meet consumer demand for E15. The Cenex Tank Program will cover a significant portion of the cost to purchase and install E15 storage tanks.

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Despite the focus on potential record corn production this growing season, corn futures are showing an amazing sense of stability at the end of August. This is creating the potential for light to moderate buyer support.

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China is still the big story in DDGS market

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By Sean Broderick, CHS

August 27, 2014

With no approval to admit DDGS into China with Syngenta's MIR 162 trait it's still the big story in the coproduct market. Shippers have been working to find resolutions for tons of product on contract but not yet shipped.

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The Department of Commerce's International Trade Administration has amended a recent announcement that it is accepting nominations for its renewable energy and energy efficiency advisory committee. The deadline is now set for Aug. 29.

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The EurObserv'ER has released its annual Biofuel Barometer, reporting that last year was the first time the consumption of biofuels in Europe decreased. The report notes the decline is essentially related to Spain and Germany.

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Genera Energy recently released a new infographic featuring a visual overview of biomass feedstock and guidelines for choosing the best solution for every biomass project. The four-page infographic highlights key supply chain elements.

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Geringhoff will participate in Poet-DSM's Project Liberty trials, starting with an open house and tours at Poet's facilities in Emmetsburg, Iowa, on Sept. 3. Trials are being performed with the Geringhoff Horizon Elite XL Stover Collection corn head.

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On Aug. 26, Valero Renewable Fuels Co. LLC, a wholly owned subsidiary of Valero Energy Corp., and the Ports of Indiana hosted an event to commemorate the restart of a 110 MMgy ethanol plant located in Mount Vernon, Indiana.

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The U.S. Energy Information Administration has published the August issue of its Electric Power Monthly report, indicating that the U.S. added 108.8 MW of bioenergy capacity in June, including 74 MW of capacity from wood and wood waste.

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Geringhoff will participate in Poet-DSM's Project Liberty trials, starting with an open house and tours at Poet's facilities in Emmetsburg, Iowa, on Sept. 3. Trials are being performed with the Geringhoff Horizon Elite XL Stover Collection corn head.

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Genera Energy recently released a new infographic featuring a visual overview of biomass feedstock and guidelines for choosing the best solution for every biomass project. The four-page infographic highlights key supply chain elements.

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Bluesphere Corp. has announced it is pursuing a strategy to work in partnership with landfill owners to convert harmful methane gas emissions from landfills into electricity. The process is based on readily available technology.

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In the last couple of weeks I've covered some undeniably good news stories. I have to say, those kinds of stories are a lot more fun to write than stories about bankruptcies, idled plants and tight margins.

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Surface Transportation Board recently announced it will require both Canadian Pacific Railway and Burlington Northern Santa Fe Railroad to provide new information on their respective weekly grain order reports.

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The U.S. EPA finalized its 2014 renewable volume obligation (RVO) rule for the renewable fuels standard (RFS) and submitted it to the Office of Management and Budget (OMB) for review on Friday, Aug. 22.

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The Federal Railroad Administration has announced two grants totaling $350,000 to support the development of a Short Line Safety Institute. According to the FRA, the institute will help mitigate risk associated with shipping hazardous materials.

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American Science and Technology Corp. has selected Baisch Engineering to scale up its Wausau, Wisconsin-based pilot plant from its current production capacity of 200 pounds of lignocellulosic biomass per day to 2 tons per day.

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American Science and Technology Corp. has selected Baisch Engineering to scale up its Wausau, Wisconsin-based pilot plant from its current production capacity of 200 pounds of lignocellulosic biomass per day to 2 tons per day.

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Highland Pellets LLC has announced plans to build a 500,000 metric-ton-per-year pellet plant Pine Bluff, Arkansas. Construction is expected to begin in October with pellet production beginning in March 2016.

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