An outline of best-in-class elements for risk management policies and systems by a contributing writer with KRM Business Solutions. This article appears in the April print issue of Ethanol Producer Magazine.
Monthly grain crush report shows 476 million bushels of corn crushed for fuel ethanol in January, up 7 percent from January 2016. DDGS production up 9 percent. Annual summary shows modest growth.
U.S. ethanol production increases an average of 470 million gallons a year. February gross margin, generally the lowest of the year, falls between last two years in analysis of Iowa-based prices.
ASTM develops new standard for 100 octane fuel in record time. The specs open the way for engine designs that utilize higher ethanol blends to achieve more power, more efficiently.
Much of the analysis of the cost of ethanol relative to CBOB has ignored the potential benefit of the biofuel's octane-enhancing qualities. Looking at ethanol's energy penalty alone is misleading, say University of Illinois economists Irwin and Good.
U.S. net exports of ethanol reached 838 million gallons, the second highest level ever, exceeded only in 2011. Shipments exceeded 1 billion gallons and imports totaled 215 million gallons. 2017 exports could set a record, projected at 1.46 billion.
Commodity report: Historically low usage by the residential and commercial sectors, combined with lackluster demand from industry and power generators, resulted in the first net increase in natural gas inventories ever seen in February.
March supply-demand report boosts corn use for ethanol by 50 million bushels, offset by lower feed and residual use, resulting in no change to ending stocks projections.
Wessels Oil Co. has been offering E85, E20, E30 and B5 at its six stores in Iowa since 2014. Crossroads Convenience Store in Spencer, Iowa, is its first location to offer E15.
Commodity report: DDGS production has been strong, and the world has an ample supply of grains. As a result, new distillers trades that are happening are not moving the market as much as earlier.
Commodity report: There is growing uncertainty over whether expected upcoming buyer support will be able to offset the growth in overall supplies. Crude oil supplies remain the center of this "watch party."
Global demand for green solvents, chemicals derived from natural or renewable resources, will reach 2 billion pounds in 2020, according to a Cleveland-based industry research firm. Ethanol, or alcohol-based solvents, will make up half the market.
Commodity report: In advance of the first planting intention report on March 31, Ag Forum projections put corn acreage at 90 million acres, down from 94 million acres planted in 2016 as projections for soybean plantings jumped to 88 million acres.
The bipartisan Senate bill would extend the Reid vapor pressure waiver to ethanol blends above 10 percent, allowing retailers to sell E15 all year. The proposed law would expand consumer fuel choices and strengthen the nation's energy diversity.
The Delaware City Refinery's plan to expand its ethanol handling and blending capabilities has overcome a challenge from two community groups that claimed the new biofuels infrastructure would lead to disruptive rail and barge traffic in the area.
According to a new study, the state's ethanol industry used 410 million bushels of corn, about one-fourth of the Minnesota crop, to produce 1.18 billion gallons of ethanol, 3.5 million tons of DDGS and 244 million pounds of corn oil in 2016.
Propel Fuels describes its innovative strategy to build customer loyalty in the California market for its branded E85. Successfully executing consumer strategies will be worth billions of dollars, CEO Elam says.
As the EPA public comment period on the RFS' point of obligation closed, truck stop owners trade association NATSO reported vast support to keep the program's current compliance structure. The group said most of the sector opposes a shift.
UNICA asks EPA to clarify the biointermediate definition in its proposed REGS rule that updates several technical aspects of the agency's rules regarding the RFS. As written, the proposed rule would have unintended consequences, the group claims.
At best, alternative vehicles will account for 50 percent of the worldwide fleet by 2050, leaving hundreds of million of cars with internal combustion engines. Fuel Freedom argues all possible solutions must be advanced.
Germany-based HELM AG will handle worldwide sales and marketing of ethyl acetate from Greenyug's planned facility to be colocated with ADM in Columbus, Nebraska, using ethanol from the corn-processing facility.
In a letter to National Ethanol Conference attendees, the president reconfirmed his support for biofuels, while making it clear that his focus on reducing regulatory burdens on American businesses supersedes his defense of renewable energy.
GRFA and F.O. Licht forecast 97.8 billion liters (25.84 billion gallons) of ethanol production globally, continuing a trend of incremental growth since 2013.
Southwest Iowa Renewable Energy LLC recently announced its unaudited financial results for the fourth quarter of 2016. The 125-MMgy ethanol plant reported net income of $5.6 million, or $422.60 per unit, for the three-month period ending Dec. 31.
The Senate has confirmed Oklahoma Attorney General Scott Pruitt to lead the U.S. EPA. While congratulating Pruitt, ethanol trade groups urged him not to alter the Renewable Fuel Standard, especially the program's point of obligation.
The March edition of EPM answers questions about RVP and E30, says EPM's editor-in-chief. Other articles cover reconditioning of key back-end equipment, along with a new DDGS treatment.
Glacial Lakes challenge in Watertown, SD, demonstrates E30 is a winner. The midlevel ethanol blend caused no check engine lights, mileage was virtually unchanged and resulted in real savings. This feature appears in EPM's March print edition.
Ethanol production averaged 1.04 million barrels per day—or 43.7 million gallons daily last week. That is down slightly from the week before and a seven-week low. Stocks of ethanol continue to rise, predictably, toward last year's March high mark.
The ethanol industry sees one-pound waiver for E15 as a no-brainer. This in-depth feature on the industry goal of changing the policy on Reid vapor pressure appears in the March print edition of Ethanol Producer Magazine.
USDA boosted its monthly projections on corn for ethanol by 25 million bushels to 5.35 billion bushels for the 2016-'17 production year. Projected ending stocks were lowered by 35 million bushels to 2.32 billion bushels,
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