Search Results for 'corn'
In the UK, ethanol producers are switching to corn from wheat in an attempt to improve distilling margins. Wheat consumption for ethanol production has fallen 2% during the first 21 weeks of the current 2013/14 marketing year. Corn imports for both industrial and human consumption are expected to increase 19% on the year to just […]
In Missouri, the Food and Agricultural Policy Research Institute at the University of Missouri has released its baseline briefing book for agriculture and biofuels in the US. The reports shows the likelihood of $4 corn and $10 soybeans with fewer corn acres planted and more soybeans planted. It also anticipates the RFS to remain in […]
In Illinois, GreenShift Corporation announced that Illinois Corn Processing LLC of Pekin, Illinois, has executed an installation and licensing agreement with GreenShift for its proven Corn Oil Extraction System. ICP is now the thirty-second ethanol plant to license GreenShift’s patented technology.
In Illinois, in about-face to the doom and gloom of recent months regarding the future of ethanol production and consumption in the US, feed analysts now expect demand for US corn ethanol exports to jump due to the exceptionally low price of corn at the moment. They also expect domestic demand to increase with the […]
In India, Rasoya Proteins plans to invest $81 million in setting up additional soy oil production as well as a corn-based ethanol plant. The company believes that increased demand for ethanol for blending will provide a market to support the new investment.
In Brazil, POET representatives met with the government of Mato Grosso do Sul last Friday where the company hopes to build a $350 million corn-based ethanol plant. The facility would produce 50 million liters of ethanol per year from 350,000 metric tons of corn.
In Texas, Pine Lake Corn Processors LLC has extended its ethanol marketing agreement with Murex LLC. Pine Lake originally hired Murex as their ethanol marketer in May 2012. Per the agreement, Murex will purchase 100% of Pine Lake’s production and move it to market. Together, Murex and Pine Lake have opened the plant to export […]
In Minnesota, more than 7,000 corn farmers submitted letters to the EPA in support of the RFS thanks to a huge push by the Minnesota Corn Growers Association. The public comment period closes Jan. 28. The state’s department of agriculture estimates that reducing the RFS could result in 1,532 job losses and loss of $610 […]
In Washington, a comprehensive new study conducted by Life Cycle Associates found that the carbon footprint of corn ethanol continues to shrink, while the carbon impacts associated with crude oil production continue to worsen as more marginal sources are introduced to the fuel supply. According to the report, “As the average carbon intensity of petroleum […]
In Illinois, a Bloomberg survey of 24 analysts estimated that corn stocks on Dec. 1 were 10.764 billion bushels, the highest since 1994 and 34% higher than on the same date last year. Corn futures have fallen 40% in the past year and one analyst says corn could come down to $3.75 a bushel due […]