Search Results for 'corn'

Bloomberg says corn-based RINs at highest since Aug. 17

Bloomberg says corn-based RINs at highest since Aug. 17

November 20, 2014 |

In New York state, Bloomberg says corn-based RINs jumped to 53.5 cents, up 13% and the highest seen since Aug. 17. Rail congestion keeping ethanol in the Midwest along with the EPA’s delays in unveiling the 2014 RFS blending mandates are boosting RIN prices. Export demand is also having a hand in boosting RIN prices.  

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Corn growers and other ag groups urge Obama to boost RFS

Corn growers and other ag groups urge Obama to boost RFS

November 12, 2014 |

In Washington, in a letter sent to President Obama last week, the National Corn Growers Association and several agricultural allies asked him to intervene with the U.S. Environmental Protection Agency regarding its proposed cuts in the 2014 volume obligations for the Renewable Fuel Standard. “The blending targets and the methodology in your administration’s proposed rule […]

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Solenis receives patent for corn oil extraction aids

Solenis receives patent for corn oil extraction aids

November 4, 2014 |

In Delaware, after bringing corn oil extraction aids to the market four years ago and proving they could help fuel ethanol producers capture up to three times more corn oil, Solenis has received a U.S. patent (Patent No. US 8,841,469 B2) for the use of chemical additives to improve the separation of corn oil in […]

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More corn farmers line up to sue Syngenta over China’s DDGS ban

More corn farmers line up to sue Syngenta over China’s DDGS ban

October 30, 2014 |

In Illinois, more corn farmers have sued Syngenta over their GMO corn that is banned in China, the main import market for DDGS. The case filed in federal court in Chicago follows on the heels of another case where Cargill filed a $90 million claim against the company in Louisiana. A federal court in Charleston, South […]

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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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