Search Results for 'corn'

Poet shortens corn receiving hours and shuts down plants temporarily

Poet shortens corn receiving hours and shuts down plants temporarily

February 10, 2016 |

In Indiana and Ohio, Poet has shortened the hours during which it receives corn at six of its facilities in the two states, while the Alexandria, Indiana facility will be shut for two days next week for maintenance. Those that reduced their hours have already been shut down for a day or two this week […]

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ADM may be stuck with dry corn mills in tough assets market

ADM may be stuck with dry corn mills in tough assets market

February 4, 2016 |

In Illinois, ADM may be stuck with the three dry corn mills it is thinking about potentially selling with few potential takers in the market considering the half billion dollar ticket price for two of the near facilities and the fact that Abengoa’s biofuel assets also recently came on the market. Though consolidation has been […]

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December corn consumption for ethanol slightly higher over November but down on year

December corn consumption for ethanol slightly higher over November but down on year

February 4, 2016 |

In Washington, the USDA’s National Agricultural Statistics Service says corn consumption for ethanol production reached 444.5 million bushels in December, up 2% over the previous month but down 3% from the year-ago period. Nearly 89% of the corn was used in dry milling while the remaining was from wet milling. Corresponding production for DDGS was […]

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ADM rethinking its dry corn mills in light of oversupplied ethanol market

ADM rethinking its dry corn mills in light of oversupplied ethanol market

February 3, 2016 |

In Minnesota, oversupply of the ethanol market and weak margins has Archer Daniels Midland looking at other options for its three dry corn milling assets rather than producing ethanol as it attempts to reduce its capital investments by about $1 billion. Since 2006, the company has invested $1.3 billion to build two new dry mills. […]

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Iowa approves token sales tax refund for corn-based ethanol facility

Iowa approves token sales tax refund for corn-based ethanol facility

February 2, 2016 |

In Iowa, the state’s Economic Development Authority has awarded farmer-founded Amazing Energy Atlantic a $4.25 million refund of sales tax to support its 150 million gallon corn-based ethanol facility that has been under development since 2006. In 2012, Ron Fagen, founder of Fagen Inc., bought the facility site and has been trying to get the $190 […]

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Smaller WASDE corn estimates bullish for corn and ethanol prices

Smaller WASDE corn estimates bullish for corn and ethanol prices

January 13, 2016 |

In Washington, the monthly World Agriculture Supply and Demand Estimates reduced its estimate for corn yields and therefore cut its production estimate for the current crop to 13.601 billion bushels, which has in turn had a bullish impact on ethanol prices. Ethanol prices rose 1.45 cents on Tuesday following the report to $1.2820/gal. Corn futures […]

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Argentina raises ethanol prices 5% in January for both sugarcane and corn

Argentina raises ethanol prices 5% in January for both sugarcane and corn

January 12, 2016 |

In Argentina, the government has raised the price that oil companies must pay in January for ethanol by 5% for both sugarcane- and corn-based fuel, the highest price fluctuation allowed by law. Oftentimes the ministry has boosted the price of sugarcane ethanol more than corn-based ethanol. The country’s E10 policy has helped support increased ethanol […]

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The Next Wave of Industrial Biotechnology (with Bicycles, Unicorns & Rainbows)

The Next Wave of Industrial Biotechnology (with Bicycles, Unicorns & Rainbows)

December 22, 2015 |

By Sam Nejame, Special to the Digest Early last month I travelled to San Francisco for a conference. Over the weekend I and some old college friends cycled through Marin. In rain and fog we spun up long steady climbs then bombed hairy twisting descents through the famed redwoods. When my borrowed bicycle needed a […]

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Algeria’s Cevital to build $750 million feed complex including corn ethanol

Algeria’s Cevital to build $750 million feed complex including corn ethanol

December 17, 2015 |

In Brazil, Algeria’s Cevital plans to invest $750 million in a soybean crushing plant as well as build a corn-based ethanol plant and a feed plant in the town of Vera in Mato Grasso, near the region’s grain hub and along the road to the main southern Brazilian ports of Santos and Paranagua. Currently the […]

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APHIS gives green light to MON 87403 for corn with increased ear biomass

APHIS gives green light to MON 87403 for corn with increased ear biomass

December 9, 2015 |

In Washington, the USDA’s Animal and Plant Health Inspection Service has determined the corn designated as event MON 87403, which has been genetically engineered for increased ear biomass, is no longer considered a regulated article under its regulations governing the introduction of certain genetically engineered organisms. The agency’s determination is based on its evaluation of […]

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