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Message to rental car companies: FFVs matter

By Holly Jessen

November 24, 2014

Business Markets 

I recently attempted to rent a FFV for a work trip and had a less than satisfactory experience.

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UNICA is looking forward to working with Brazil's newly re-elected President Dilma Rouseff on putting the right policies in place for the country's future, writes Leticia Phillips.

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Having led the charge to ban leaded gasoline 30 years ago, Marilyn Katz is leading a campaign to require E15 in the Windy City.

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Abengoa recently released third quarter financial results, reporting positive performance for the company's biofuels business. For the first nine months of the year, the company reported overall revenues in line with those achieved in 2013.

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The Fuels Institute recently published a study that predicts a substantial increase in E85 sales over the next several years. At minimum, the report predicts E85 sales will double by 2023. Under certain circumstances, the growth rate could be higher.

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A Canadian farmer and hot rodder recently talked with me about altering engines for pure ethanol. If E85 were widely available, the work racers are doing in this area could be applied to street vehicles with a positive impact on fuel mileage.

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Class I railroads have filed their fourth weekly status reports with the Surface Transportation Board. The reports provide an overview of operational performance for the week ending Nov. 8.

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The U.S. Energy Information Administration has published the November issue of its Short-Term Energy Outlook, predicting that ethanol production will average 934,000 barrels per day next year.

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Research by Purdue University scientist Jon Schoonmaker and his colleagues has shown that small amounts of calcium oxide can neutralize the acid in distillers grains, a commonly used alternative to corn in many livestock feed mixes.

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Brazil-based Cosan has released financial results for the third quarter, reporting a 2 percent increase in the volume of ethanol produced despite a 9 percent reduction in sugarcane crush volumes.

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Demand for corn will be key, supported by low prices

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By Jason Sagebiel, FCStone

November 11, 2014

As the old saying goes “the cure for low prices is low prices.� Demand and corn at five-year lows developed a low pricing point as of late October, despite a record yield and big carryout.

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IGPC Ethanol reaches 1 billion liters of ethanol production

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By Canadian Renewable Fuels Association

November 11, 2014

IGPC Ethanol Inc.'s fuel ethanol facility in Aylmer, Ontario, has now produced over 1 billion liters (264.17 million gallons) of ethanol, a substantial milestone in IGPC's history. The facility has been in operation for more than six years.

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Murphy USA Inc. has released financial results for the third quarter, reporting $6 million of operating income from its 110 MMGy ethanol plant in Hereford, Texas. The company posted a loss of $900,000 for the facility during the same period of 2013.

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2015 faces a strong risk of natural gas oversupply

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By Ben Straus, U.S. Energy Services

November 11, 2014

The natural gas market is caught between risk of a cold winter and a growing imbalance between structural growth of natural gas supply and demand. There's now a realization that underlying market fundamentals are encouraging for end users.

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Growth Energy participated in a market development mission with the U.S. Grains Council and the Renewable Fuels Association to explore export opportunities for U.S. ethanol in Panama and Peru. Missions are also planned to countries in Southeast Asia.

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The Renewable Fuels Association has submitted comments to the Oregon Department of Environmental Quality detailing a number of requested changes to the proposed rule for Phase 2 of the Oregon Clean Fuels Program.

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USDA is still projecting a record corn crop, but just not quite as big, reducing its forecast by 68 million bushels in the Nov. 10 World Agricultural Supply and Demand Estimates. Corn production is now forecast at a record 14.407 billion bushels.

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Domestically, increased DDGS inclusion rates are continuing. Both soymeal and corn never got as cheap as buyers expected, and with DDGS getting below 100 percent, and then 95 percent or below, the value of corn, buyers formulated it in to the max.

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Ethanol prices shifted higher in a moderately aggressive manner through the middle of October, fed by renewed buyer support in the corn complex as well as a three-week pull-down in overall ethanol inventories across the country.

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A public comment period on the Oregon Clean Fuels Program is set to end Nov. 7. The program, which is similar to California's Low Carbon Fuels Standard, requires a 10 percent reduction of greenhouse gases from transportation fuels by 2025.

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Archer Daniels Midland Co. reported good overall financial results for the third quarter, which ended Sept. 30, including significant improvements in corn processing. In fact, profit in this segment nearly doubled, reaching $356 million.

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A Renewable Fuels Association analysis of model year (MY) 2015 warranty statements and owner's manuals reveals that auto manufacturers explicitly approve the use of E15 in approximately two-thirds of new vehicles.

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The Canadian Renewable Fuels Association has announced that W. Scott Thurlow has stepped down from his position as president and Andrea Kent, previously vice president of communications, has been appointed to the position.

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UNICA, the Brazilian sugarcane industry association, has released a new biweekly report. Since April, the report indicates ethanol sales have totaled 13.11 billion liters, with most of that production, 12.34 billion liters, sold domestically.

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Green Plains Inc. has released financial results for the third quarter of 2014, reporting net income of $41.7 million, or $1.03 per diluted share, up from $9.4 million, or 28 cents per diluted share, during the same period of last year.

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Enerkem Inc. announced agreements with three Chinese companies in October. Under each agreement, Enerkem is expected to license its waste-to-biofuel technology. The final business structure and sites for each project have not been disclosed.

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An ethanol association is working hard to grow the ethanol industry in South Africa and nearby countries. Right now, an association staff member said, the industry feels very small and far behind the U.S. and other ethanol-producing areas.

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Two weeks from Election Day, Bob Dinneen told grain and animal feed buyers gathered in Seattle that whichever party controls Congress next year will "have the gavel" on energy and agriculture but lack the power to advance or upset biofuels policy.

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A computer model that states use to assess mobile source emissions is seriously flawed, according to an analysis by Urban Air Initiative and could effectively block access to the market for higher ethanol blends.

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