The month of November exhibited a lackluster market with a highly anticipated report due to the missed October USDA report. It offered a slightly bullish tone because some data reported was friendly relative to what the trade was expecting.
The WASDE report raised projected corn imports by 5 million bushels based on a record Canadian corn crop. Corn for ethanol production is projected 50 million bushels higher reflecting the strong pace of weekly ethanol production since mid-October
The U.S. Senate Committee on Environment & Public Works held a hearing Dec. 11 to consider the U.S. EPA's proposed rule to set 2014 volume requirements under the renewable fuel standard. The hearing featured testimony from several stakeholders.
Murphy USA opened the first E15 (15 percent ethanol, 85 percent gasoline) station in Arkansas on Dec. 11. There are now more than 60 stations in 12 states registered to offer the higher level fuel blend.
There will come a time when Big Oil and the ethanol industry come together and realize that the feud that has now gone on for nearly 30 years must come to an end. Until that time, the fight goes on.
A study published by Agra CEAS Consulting shows that an uncertain policy environment in Europe is negatively impacting investment in first- and second-generation biofuels. Without additional investment, the E.U. is likely to miss its biofuel targets.
The U.S. Energy Information Administration has released the December issue of its Short-Term Energy Outlook, maintaining the prior month's prediction that ethanol production will average 900,000 barrels per day in 2014.
It is widely speculated that the EPA's proposed 2014 renewable volume obligations has rattled investor confidence in advanced biofuels, dampened retailer interest in E15 and E85, and placed added downward pressure on already low corn prices.
Consulting firm E4tech has published a report that shows biofuels and vehicle efficiency will be essential in helping the European transportation sector reduce greenhouse gas (GHG) emissions and meet its decarbonizations targets.
The spirit and intention of the renewable fuels standard was never to create a national biofuels program that would be unable to grow during periods when gasoline consumption declined.
The U.S. EPA officially published the proposed rule Friday that would set the 2014 volumes for the renewable fuel standard (RFS), marking the opening of the 60-day comment period that will close Jan. 28.
A new government report highlights the economic importance of passing a comprehensive Farm Bill. It discusses many benefits of a strong Farm Bill, including those related to the bioeconomy and clean energy.
Profits in the ethanol supply chain have shifted in recent months and now accrue to the ethanol producer instead of the corn farmer. Retired Iowa State University extension agricultural economist Don Hofstrand took a closer look at the numbers.
The Federal Trade Commission has published its annual report on the status of domestic ethanol production, noting that 158 firms are either producing ethanol or are likely to begin producing ethanol in the next 12 to 18 months.
The partial government shutdown created uncertainty in the marketplace. Traders, who need volatility and price shits to maintain expected returns, reacted to the situation in different ways.
The export market for distillers grains continues to drive prices while also impacting demand domestically. Animal producers are dropping their usage rates or searching for a feed replacement, thanks to higher prices.
Corn prices are weakening and reports of a 14 billion bushel corn crop are circulating. This is increasing interest in distillers grains domestically and in the export markets.
Winter strip pricing for natural gas has been remarkably consistent in recent years and that's expected to continue this calendar year. Some key drivers include weather outlook and inventory level.
As Thanksgiving approaches, it's important to keep in mind that the American farmer produces the food that we eat daily and during holiday feasts. Unfortunately, farmers are too frequently criticized, unfairly and inaccurately.
With some government help, a certain fuel source could mean less or even no imports of imported oil. But is it really as wonderful as it sounds?
The U.S. EPA has published renewable identification number (RIN) data for October, reporting that D3 cellulosic biofuel and D7 cellulosic diesel RINs were generated during the month. D3 and D7 RINs were also generated in June, July and September.
The concept of the blend wall is based on a controversial study that has been called into question, most recently by a National Renewable Energy Laboratory analysis that identified a series of serious flaws.
The domestic market adjusts to lower oil levels, higher prices and protein demand as it anticipates lower fiber content ahead. Another unusual year is expected, with protein as the big story.
Although China is the big story in distillers grains exports this year, many growing markets are helping support this crucial outlet for U.S. producers. Experts believe that 2013 could top 7.42 million metric tons, the amount exported last year.
China has quickly recovered its place as the top importer of U.S. distillers grains after dropping the dumping investigation in May 2012. Through July of this year, the country has imported 1.72 million metric tons of distillers grains.
The ethanol industry and Big Oil are locked in a battle without much hope of a truce. And, yet, the two industries clearly need each other because they are in a relationship as supplier and customer.
Waukon Feed Ranch in Waukon, Iowa, announced Nov. 18 it will begin offering E15 to 2001 and newer vehicles, making it Iowa's ninth registered E15 retailer.
During a webinar held Nov. 14 four experts talked about corn oil extraction from the viewpoint of animal nutrition, corn oil markets, its financial impact on ethanol plants and coproduct diversification.
Friday, the U.S. EPA proposed 2014 volumes for renewable fuels to be blended into gasoline and diesel: cellulosic at 17 million gal., biomass-based diesel at 1.28 billion, advanced at 2.2 billion and renewable fuel at 15.21 billion gallons.
A new paper from CARD at Iowa State University indicates that if the U.S. EPA does significantly reduce the renewable fuel standard (RFS) renewable volume obligations, it would mean only modestly lower corn prices.
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