Search Results for 'corn'

Ethanol prices supported by higher corn futures

Ethanol prices supported by higher corn futures

October 16, 2014 |

In Illinois, ethanol prices are being supported by higher corn prices, which hit a five-week high on Monday of $3.46/bushel. CBOT corn prices have risen 7.25% during the period due to rains in the Midwest during harvest. As a result, ethanol prices hit $1.63/gal on Monday.  

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Ethanol margins shrink as prices fall faster than corn prices

Ethanol margins shrink as prices fall faster than corn prices

September 25, 2014 |

In Illinois, ethanol production has fallen 4.5% on the week to 889,000 barrels a day, the lowest volume since March, as margins begin to squeeze due to ethanol prices falling faster than corn prices. Margins are currently running at about 15 cents per gallon, down from 50 cents a month ago. With the corn harvest […]

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Iowa State ag economists says corn prices rather than policy impact E10

Iowa State ag economists says corn prices rather than policy impact E10

September 24, 2014 |

In Iowa, researchers at Iowa State University’s Center for Agricultural and Rural Development have released a study showing that the effects of increasing ethanol mandates that are physically feasible to meet on the price of E10 are close to zero. This result is robust to different gasoline supply elasticities and gasoline export demand elasticities. The […]

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FAPRI study shows lower prices for corn and soybeans

FAPRI study shows lower prices for corn and soybeans

September 18, 2014 |

In Missouri, the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri says larger corn and soybean crops translate into lower projected 2014/15 prices for many grains and oilseeds. Corn prices drop to $3.50 per bushel, soybeans to $9.92 per bushel and wheat to $5.91. In all three cases, these projected prices […]

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Illinois Corn Marketing Board leads drive for higher ethanol blends

Illinois Corn Marketing Board leads drive for higher ethanol blends

September 16, 2014 |

In Illinois, Illinois Corn Marketing Board (ICMB) and the American Lung Association (ALA) recently chose Gilbarco Veeder-Root as their partner to help drive the adoption of higher ethanol blend fuel in Illinois. The partnership brings together three industry leaders to provide retailers a one-of-a-kind opportunity to make fuel dispensing equipment compatible with higher blends of […]

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USDA predicts corn harvest at 14.4 billion bushels with yield of 171 bushels per acre

USDA predicts corn harvest at 14.4 billion bushels with yield of 171 bushels per acre

September 15, 2014 |

In Washington, the US Department of Agriculture predicts a corn harvest this fall of 14.4 billion bushels, a record crop with the highest yield per acre in US history at 171 bushels per acre. Corn ending stocks for the 2014/15 marketing year are projected at 2 billion bushels — the highest since 2004/05. Meanwhile, prices […]

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USDA September 1 corn stock estimates won’t matter, asserts UIllinois Ag economist

USDA September 1 corn stock estimates won’t matter, asserts UIllinois Ag economist

September 10, 2014 |

In Illinois, Darrel Good, an Agriculture economist with the University of Illinois Extension, has published an article asserting that the USDA September 1st corn stocks estimates aren’t as important as the previous three years, when “stocks were generally small and the U.S. average corn yield was below trend value.” Said Good, “the market expectation is […]

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Corn Oil ONE breaks ground for distillers corn oil facility at SIRE ethanol plant

Corn Oil ONE breaks ground for distillers corn oil facility at SIRE ethanol plant

September 9, 2014 |

In Iowa, Corn Oil ONE has broken ground for its new distillers corn oil facility in Council Bluffs, to be collocated with a Southwest Iowa Renewable Energy ethanol plant. The plant will purify constituents out of distillers corn oil with a patent-pending process. The purified product will “improve the efficiency, efficacy and economics of biodiesel […]

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Can corn compete in Brazil with cane? Ethanol Baron’s Summit Group to develop $140M corn ethanol project in Mato Grosso

Can corn compete in Brazil with cane? Ethanol Baron’s Summit Group to develop $140M corn ethanol project in Mato Grosso

September 1, 2014 |

In Iowa, after tipping earlier in the year that there were substantial opportunities in Brazil and Argentina for corn ethanol expansion, “Ethanol Baron” Bruce Rastetter and his Summit Group have announced a $140 million corn ethanol project for Lucas do Rio Verde in Mato Grosso state. Summit Group will finance the project through its US […]

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Iowa vodka producer creates 100% pure vodka from corn products

Iowa vodka producer creates 100% pure vodka from corn products

September 1, 2014 |

In Iowa, IngeniOz has produced a 100% pure vodka, claiming to be the purest vodka in the world. The process is based out of Iowa State University and involves alcohol production by the fermentation of corn syrup and starch and then distilling the product six times. IngeniOz vodka is treated further by ozone oxidation, activated carbon […]

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