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Export markets for “liquid corn”

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By Holly Jessen

January 21, 2016

Markets 

Global trade for U.S. ethanol has been trending up in the past decade, becoming an important part of the industry's growth strategy. This article appears in the February issue of EPM.

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Off to a slow start, 2015 margins improved, thanks to exports and strong driving demand. What will 2016 bring? This article appears in the February issue of EPM.

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Seizing export opportunities

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By Bob Dinneen

January 20, 2016

RFA membership has made growing export market opportunities one of our top priorities, writes Bob Dinneen. This column appears in the February issue of EPM.

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Commodities: Corn production numbers, demand, slip

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By Jason Sagebiel, INTL FCStone

January 19, 2016

The anticipated USDA report released in January was friendly for the soy complex and that supported corn. However, overall world economics, growing global grain stocks and a decline in energy prices have limited upside movement in grains/oilseeds.

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Iowa delegation urges EPA to get RFS back on track

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By Iowa Renewable Fuels Association

January 19, 2016

In a letter to U.S. EPA Administrator Gina McCarthy Jan. 19, the entire Iowa Congressional delegation urged the agency to set the next round of renewable fuel standard (RFS) volume levels in line with the statute.

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Know your target market

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By Ron Lamberty

January 18, 2016

A recently retired ACE board member helped the organization focus in on the wants and needs of the target market, writes Ron Lamberty. This column appears in the February issue of EPM.

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Active pressure continued in most commodity markets with concerns coming from commercial and investment traders through early January. Global worries created widespread stock market pressure in the United States and several foreign markets.

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Commodities: Record warmth impacts natural gas market

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By Andy Huenefeld, U.S. Energy Services

January 18, 2016

December 2015 was the warmest December on record across the United States. Natural gas prices responded in line with the warm weather and the prompt-month NYMEX futures contract plunged to a 16-year low.

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UNICA, the Brazilian sugarcane industry association, has announced that with the harvest season almost finished, the sugarcane crush in the south-central region reached approximately 594.08 million tons at the end of December.

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The big news is that the Chinese government did decide to proceed with their anti-dumping case vs. U.S. ethanol producers. The only good news is that it is a now known fact, with a more definitive timeline.

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The U.S. Grains Council has issued a statement following the announcement by China's Ministry of Commerce that it has initiated anti-dumping and countervailing duty investigations of U.S. distillers dried grains with solubles exported to China.

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BBI International announced the agenda for the technical sessions of the 9th annual International Biomass Conference & Expo, North America's largest and fastest growing biomass conference, taking place April 11-14 in Charlotte, North Carolina.

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Last year automakers sold a record 17.47 million vehicles in the United States, with a majority explicitly approved by the manufacturer to use E15, according to statistics from Autodata and an analysis by the Renewable Fuels Association.

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Net profits in the first half of 2015 held up surprisingly well, writes University of Illinois economist Scott Irwin, and, at 10 cents per gallon, were more than twice the average net profit of 4 cents per gallon from 2007-'12.

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In mid-December, Sen. Bernie Sanders, I-Vt., who is seeking the democratic presidential nomination, introduced legislation that aims to enact long-term extensions of several clean energy tax credits that benefit the bioenergy and biofuel sectors.

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On Dec. 18, the U.S. Energy Information Administration published 2014 state-level estimates for fuel ethanol consumption. The data shows the U.S. consumed nearly 320.1 million barrels (13.44 billion gallons) of ethanol in 2014.

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Commodities: Natural gas production may fall, at least marginally

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By Andy Huenefeld, U.S. Energy Services

December 31, 2015

Natural gas exploration and production companies hit by potentially rising borrowing costs and lowered rates of return for shale plays by drastically cutting exploration and spending. Production could be poised to fall at least marginally this year.

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Rumors of another Chinese anti-dumping investigation is creating an unusual dynamic, as some DDGS byers are buying more than normal, while others have been on the sidelines, fearful of a shipment in limbo due to a quick change in import parameters.

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The U.K. Department of Energy and Climate Change has released third quarter energy statistics, reporting biodiesel consumption was down 35 percent during the third quarter of 2015, while ethanol consumption was down by 3.3 percent.

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In November, an international consortium led by Autodisplay Biotech GmbH started Pathway EFB, a collaborative research and development project to lower cellulase cost in the production of biofuels and biobased chemicals.

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The USDA recently announced a significant jump in ethanol exports to China this year, following a USDA-led trade mission to the country last year. China currently accounts for nearly 20 percent of all foreign sales of U.S. agricultural products.

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The Iowa Renewable Fuels Association recently announced that Iowa's 43 ethanol plants produced over 4 billion gallons during 2015, up slightly from 3.9 billion gallons in 2014. Iowa continues to be the number one ethanol producing state.

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The Federal Trade Commission has announced final amendments regarding ethanol blends above E10 to its fuel rating rule, which determines the fuel rating that appears on pump labels and how octane levels are calculated.

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The ethanol market's—and energy complex on the whole—inability to end 2015 on a high note will continue to create some additional challenges for the industry in the upcoming year. Ethanol futures continue to trade around $1.40 per gallon.

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Outside markets have recently had a major impact corn prices. Currencies, energy prices, and Argentine policy changes have been in the spotlight over the past few months.

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The USDA has released a list of its 2015 top achievements. The list includes several achievements that have benefited the biofuel and bioenergy sectors, including funding for ethanol fuel pumps and progress with the BioPreferred Program.

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The January issue of EPM is now online, including a series of interviews featuring ethanol industry representatives' outlook on 2015 and 2016. Tom Bryan's editor's note appears in that issue with the headline "Let's Get After It Now."

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ACE: Restored tax credit to increase availability of E85

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By American Coalition for Ethanol

December 24, 2015

Bipartisan congressional approval of recent legislation restoring tax credits for retail fuel station owners who buy equipment to offer alternative fuels could further increase availability of E85 and profitability for retailers.

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ADM to develop new ethanol hub in North Carolina

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By Archer Daniels Midland Co.

December 23, 2015

Archer Daniels Midland Co. has announced an agreement with Kinder Morgan Inc. and Bailey Feed Mill to construct a new unit train rail facility and ethanol offloading system in Selma, North Carolina.

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Capitalizing on ethanol's strengths

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By Brian Jennings

December 22, 2015

This fall, ACE members discussed ways to ensure more market access for ethanol, with the fuel's clean octane advantages at the top of the list, writes Brian Jennings. This column appears in the January issue of EPM.

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