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ADM reports strong Q1 earnings, in spite of weak ethanol margins

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By Susanne Retka Schill

May 05, 2015

Feedstocks Business Operations Markets Coproducts 

Archer Daniels Midland Co. reported solid earnings for the first quarter, even though its corn processing segment was down due to tight ethanol margins. Overall, ADM reported adjusted earnings per share of 77 cents for the quarter.

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The corn crush for ethanol was up from the short month of February, but still down a bit from January's corn crush, according to the Grain Crushings and Co-Products Production report released May 1 by the USDA.

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UNICA, the Brazilian sugarcane industry association, has announced final numbers for the 2014-'15 crop along with initial data for the new crop. Ethanol production was up 2.23 percent last season, and the current season is off to a strong start.

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The Roundtable on Sustainable Biomaterials released a draft standard, titled "Low iLUC Risk Biomass Criteria and Compliance Indicators," that could make it possible to certify biomass as low risk for indirect land use change (ILUC).

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Sustainable agribusiness leader, Aloterra, and compostable foodservice ware innovator, World Centric, are jointly developing and marketing a new line of certified compostable foodservice ware made from Miscanthus plant fiber.

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Intrexon Corp. and FuturaGene Group, a wholly owned subsidiary of Suzano Papel e Celulose S.A., recently announced they have entered into an exclusive collaboration to increase biomass in eucalyptus and poplar trees.

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As corn planting gets in full swing across the Corn Belt, ag economists are looking at projections and implications. Planted corn acres are projected lower and yields are expected to be slightly below the trend-line.

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Produced by BBI International, the 2015 International Fuel Ethanol Workshop will bring together the largest gathering of ethanol producers to discuss the industry's renewed certainty for long-term growth supported by the U.S. government.

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Commodities: Corn, milo markets under pressure

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By Jason Sagebiel, FCStone

April 28, 2015

Markets have been under pressure amidst planting progress, bird flu and overall comfortable feeling with domestic and global corn stocks.

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Engineered softwood could transform pulp, biofuel industries

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By University of Wisconsin-Madison

April 24, 2015

Scientists have demonstrated the potential for softwoods to process more easily into pulp and paper if engineered to incorporate a key feature of hardwoods. The findings could improve the economics of the pulp, paper and biofuels industries.

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In a speech April 23 at Michigan State University, Agriculture Secretary Tom Vilsack laid out a comprehensive approach to partner with agricultural producers to address the threat of climate change.

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NCGA: On the farm, every day is Earth Day

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By National Corn Growers Association

April 22, 2015

On April 22, the world commemorates Earth Day. Around the globe, communities will take part in activities to promote awareness of environmental issues. However, for farmers, promoting the health and stability of nature resources happens every day.

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Syngenta has released financial results for the first quarter of 2015, announcing continuous expansion of the Enogen corn planform. According to the company, Enogen acreage is expected to double this year.

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Arcadia Biosciences Inc. has announced that a study conducted by the South African Sugarcane Research Institute shows improvements in plant growth parameters and biomass in sugarcane lines incorporating Arcadia's nitrogen use efficiency trait.

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A multinational report on bioenergy and sustainability released in April concludes the sustainable production of bioenergy can be an important tool for addressing climate change. Oak Ridge National Laboratory researchers contributed to the report.

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The U.S. EPA has released renewable identification number (RIN) generation data for March, reporting that more than 1.44 billion RINs were generated during the month, including nearly 7.8 million cellulosic RINs.

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The U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy has announced plans to host a webinar on biofuel sustainability on April 22, titled "Biofuels for the Environment and Communities."

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Scientists at The University of Manchester have discovered a way to make trees grow bigger and faster, which could increase supplies of renewable resources and help trees cope with the effects of climate change.

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NexSteppe has announced that it sold more than 10,000 hectares (25,000 acres) of its Palo Alto biomass sorghums in Brazil this past growing season, compared to just over 1,000 hectares in the previous year.

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A team of Michigan State University researchers has discovered a switch that regulates plant photosynthesis, the process that lets plants store solar energy and use it to grow and produce food.

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Cascades Inc. has announced an investment in a new technology at its Norampac - Cabano facility. This innovative new process is used to extract hemicellulose, a cellulosic sugar with high value-added potential, from wood chips.

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The U.S. EPA has posted a notice to its website announcing that the volume requirements for the 2014, 2015 and 2016 renewable fuel standard (RFS), along with the 2017 volume requirement for biomass-based diesel, will be finalized by Nov. 30.

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On April 9, Ceres Inc. released financial results for the second quarter of 2015, reporting growing conditions in Brazil have been generally favorable for its sweet-sorghum collaboration with Raizen across most multi-hybrid field evaluation sites.

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Sorghum supply and demand adjustments took the stage away from corn in this month's USDA World Agriculture Supply and Demand report. Significant changes to the sorghum balance sheet reflect the continuing strong demand from China.

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The U.S. Energy Information Administration recently released the March 2015 edition of its Monthly Energy Review, which provides comprehensive ethanol production, consumption and trade statistics for 2014.

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Ceres Inc. recently announced that its biotech sugarcane traits have been advanced to the next stage of testing ahead of schedule due to positive data from initial field evaluations under tropical conditions in Latin America.

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Water-borne algal blooms from farm fertilizer runoff can destroy aquatic life and clog rivers and lakes, but scientists recently reported that they are working on a way to clean up these environmental scourges and turn them into useful products.

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Farmers who are considering selling corn residue from their fields to produce cellulosic ethanol first should weigh a range of site-specific factors to their operations, according to new research from an Iowa State University agronomist.

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The USDA's Prospective Plantings report released March 31 shows estimated sorghum planted acres will reach 7.9 million in 2015, up 11 percent from the 7.1 million the previous season. Kansas and Texas are the largest grain sorghum-producing states.

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The corn crush for ethanol production was down 11 percent in February, according to the monthly survey-based report, Grain Crushings and Co-Products Production. USDA's National Agriculture Statistics Service publishes the report.

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