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UNICA releases forecast for 2015-'16 sugarcane season

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By Erin Krueger

May 16, 2016

Feedstocks Business Operations Markets 

UNICA, the Brazilian sugarcane industry association, recently published a sugarcane harvest forecast for the 2016-'17 season, predicting the south-central region of the country will crush approximately 605 to 630 million tons of sugarcane.

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Gevo Inc. released first quarter financial results, focusing on progress made at Luverne since the restart of isobutanol production in mid-March, and announcing Alaska Airlines' first commercial flight using Gevo's ATJ fuel is scheduled in June.

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The U.S. EPA delivered a proposed rule to amend the renewable fuel standard (RFS) to the White House Office of Management and Budget on May 10. The rule is titled “Renewables Enhancement and Growth Support Rule.�

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Kum & Go will be offering E15 at more than 100 stores across the country by the end of the year. The company will be offering consumers a choice of E15 at pumps across 10 states and at about 30 locations.

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The U.S. Energy Information Administration recently released the May edition of its Short-Term Energy Outlook, predicting ethanol production will average approximately 980,000 barrels per day this year and next year.

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The $33.3 million first quarter 2016 revenue of California-based Aemetis Advanced Fuels was $4.3 million less than the company reported for the first quarter that ended March 31, 2015, Aemetis told investors during a May 12 conference call.

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A friend recently showed me a picture lamenting the passing of $7 corn and $12 soybeans. This column is published in the June issue of Ethanol Producer Magazine.

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U.S. exports of feed grains in all forms for September through March of this marketing year totaled 51.4 million metric tons, down 7 percent from the same period last marketing year, with higher exports of distillers dried grains with solubles.

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On May 10, a bill was introduced in the U.S. House of Representatives that aims to limit the total volume of ethanol contained in transportation fuel to 9.7 percent. Members of the ethanol industry have spoken out to criticize the legislation.

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On May 10, certified mechanics, engine performance experts and professional fishermen briefed federal lawmakers on the important of ethanol during an event on Capitol Hill hosted by Fuels America.

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Recognizing the importance of biofuels to energy and climate security, the U.S. Department of Energy has announced up to $90 million in project funding focused on designing, constructing and operating integrated biorefinery facilities.

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The European Commission has published a memo urging Portugal to comply with biofuel requirements under the Renewable Energy Directive. According to the memo, Portuguese legislation on biofuels contradicts the RED in two ways.

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The USDA National Institute of Food and Agriculture and U.S. Department of Energy have announced a joint investment of $10 million towards research that aims to drive more efficient biofuels production and agricultural feedstock improvements.

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EIA: Almost all US gasoline is blended with 10% ethanol

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By U.S. Energy Information Administration

May 05, 2016

Blends of petroleum-based gasoline with 10 percent ethanol, commonly referred to as E10, account for more than 95 percent of the fuel consumed in motor vehicles with gasoline engines.

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Pacific Ethanol Inc. has released first quarter financial results, reporting increased net sales, gross profit and adjusted EBITDA. The company also reported progress with improvements it is making to its ethanol plants.

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Project Liberty in Emmetsburg, Iowa, has produced and shipped several tank cars of cellulosic ethanol even as the plant is ramping up to its full 20 million gallon-per-year capacity.

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As Memorial Day weekend approaches later this month and people start heading out to the beaches and on the water, the Renewable Fuels Association is launching an ad campaign to correct misinformation regarding ethanol usage in marine engines.

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Valero Energy Corp. has released first quarter financial results, reporting the ethanol segment posted $9 million of adjusted operating income for the three-month period, down from $12 million during the same period of last year.

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In a tough environment for agribusiness, Archer Daniels Midland Co. reported first quarter earnings per share of 42 cents, down from 78 cents in the same period a year ago. Adjusted segment operating profit was $573 million.

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Green Plains reported losses of $24 million in the first quarter of 2016, compared to a loss of $3.3 million the same quarter a year ago. Moving forward, the company expects exports to remain strong and domestic demand to improve.

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On May 5, Biomass Research and Development Board operations committee is expected to hold a listening session, titled “Building a Billion Ton Bioeconomy in the United States.� The two-hour webinar is scheduled to begin at 2:00 p.m. EDT.

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The Iowa legislature voted 94 – 0 in the House of Representatives and 49 – 0 in the Iowa Senate to secure another year of funding for the state's very successful biodiesel and ethanol blender pump program, the Renewable Fuels Infrastructure Program.

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The Renewable Fuels Association has released an analysis of recently published data on California's Low Carbon Fuel Standard, noting grain ethanol provided nearly half of the greenhouse gas reductions achieved through 2015.

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As Mexico works to implement energy reforms, the U.S. Grains Council's staff there has been working to educate end-users and energy policymakers on the advantages of using ethanol as an oxygenate in fuel.

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Commodities: DDGS prices up and down

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By Sean Broderick, CHS Inc.

April 26, 2016

We've seen quite a roller coaster in the last month with DDGS prices. We started April with weakness, as soymeal and corn prices dropped, creating more competition for DDGS in animal diets both domestically and abroad.

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Commodities: Natural gas market under pressure in mid-sprin

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By Andy Huenefeld, U.S. Energy

April 26, 2016

The natural gas market has come under upside pressure since bottoming out in early March. The rally has been mostly driven by emerging evidence of a tighter fundamental balance, which has already started to erode the historically large surplus in und

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Commodities: Corn market rallies in April

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By Jason Sagebiel, INTL FCStone

April 26, 2016

Mid-April shaped up to be a great opportunity for farmers to make sales amid a correction in the market place. Corn had a major correction after the March 31st plantings and quarterly stocks report with nearby futures collapsing to below $3.50/bu.

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On April 21, the Iowa House of Representatives passed legislation that aims to extend state tax incentives for renewable fuels. The measure passed the state Senate in mid-April and will now go to Gov. Terry Branstad for consideration.

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On April 25, the Indiana Office of Development and the Indiana Corn Marketing Council awarded more than $789,000 to fuel retailer Family Express under the Hoosier Homegrown Fuels Blender Pump Program, supporting the deployment of 45 blender pumps.

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RFA issues new equipment guidance for E15 retailers

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By Renewable Fuels Association

April 25, 2016

With many new retailers preparing to offer E15, the Renewable Fuels Association is concerned that retailers could potentially order equipment that cannot legally dispense E15 and has issued new information about how to properly offer E15 at retail.

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