Category: Producer News

Ontario ethanol production seen falling but no shuttering of plants yet

Ontario ethanol production seen falling but no shuttering of plants yet

April 1, 2020 |

In Canada, Real Agriculture reports that no ethanol plants in Ontario have shut down production on the back of reduced fuel demand driven by COVID-19 but ethanol production has pulled back sufficiently to weigh on corn prices. Farmers in Ontario are a month away from planting, so the sudden drop in demand poses an existential […]

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KAAPA Ethanol shuts Ravenna plant but keeps open Minden

KAAPA Ethanol shuts Ravenna plant but keeps open Minden

April 1, 2020 |

In Nebraska, KAAPA Ethanol says that although it has a strong balance sheet that will allow it to weather thin margins, it has taken the decision to shut the Ravenna facility until further notice while production will continue at Minden as long as margins allow. Its elevator at Elk Creek will also continue to operate […]

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Farmers expect to plant the most corn in eight years on 97M acres

Farmers expect to plant the most corn in eight years on 97M acres

April 1, 2020 |

In Illinois, Reuters reports that USDA data shows corn farmers plan to plant the most corn in eight years at nearly 97 million acres despite corn prices collapsing on the back of falling ethanol demand in light of crumbling oil prices and the stay-in-place order resulting from the spread of COVID-19. The results were from […]

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Gevo lays off 30 as it mothballs Luverne facility but Silsbee to remain open

Gevo lays off 30 as it mothballs Luverne facility but Silsbee to remain open

March 31, 2020 |

In Colorado, Gevo announced that due to the impact the COVID-19 virus has had on the economy and Gevo’s industry, Gevo has suspended production operations at its production facility in Luverne, Minnesota for the foreseeable future. In connection with the suspension of operations and the overall economic disruption caused by COVID-19, Gevo also made the […]

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Indonesian palm oil exports to China plummet 57% in January

Indonesian palm oil exports to China plummet 57% in January

March 31, 2020 |

In Indonesia, the Jakarta Post newspaper reports that the national palm oil association believes the main reason for major importing countries to hold off on their purchases in January was because they were waiting for the implementation of Indonesia’s B30 mandate and want to wait and see what happens. January exports to China were down […]

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Neste sees renewable diesel exports soaring to 20M tons over next decade

Neste sees renewable diesel exports soaring to 20M tons over next decade

March 31, 2020 |

In Singapore, Platts reports that Neste believes global demand for renewable diesel will soar to more than 20 million metric tons over the next decade from just 5 million tons last year thanks to demand for sustainable aviation fuel as well as for road transportation in addition to chemical and polymer demand. By mid-2022, the […]

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Marquis Ethanol promises community it will stay open

Marquis Ethanol promises community it will stay open

March 31, 2020 |

In Illinois, with billions of gallons of ethanol production capacity shutting down in March and April in response to falling demand and negative crushing margins, the News Tribune newspaper reports that Marquis Energy has assured its local community that it has no intention of shutting down. The company’s CEO sent a letter to farmers and […]

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January biodiesel production steady at 134M gallons

January biodiesel production steady at 134M gallons

March 31, 2020 |

In Washington, Reuters reports that Energy Information Administration data shows January biodiesel production was steady at 134 million gallons, just one million gallons higher than in December. Biodiesel production is expected to increase again following the renewal of the biodiesel producers tax approved at the end of 2019. Although January biodiesel production still came predominantly […]

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Brazilian hydrous ethanol prices collapse to two-year lows from record highs in a month

Brazilian hydrous ethanol prices collapse to two-year lows from record highs in a month

March 31, 2020 |

In Brazil, Platts reports that hydrous ethanol prices in Brazil’s center-south region have collapsed to two-year lows following record highs just a month ago as oil prices, and therefore gasoline prices, crumble while supplies begin to pick up as mills kick of the crush. Producers were in a race to the bottom in attempt to […]

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Stena Bulk to trial biofuel bunkering

Stena Bulk to trial biofuel bunkering

March 30, 2020 |

In the Netherlands, during the coming weeks Stena Bulk will perform a test running an MR tanker on 100% biofuel.  The fuel is the MR1-100 bio-fuel oil, produced from used cooking oil and supplied by GoodFuels in Rotterdam, the Netherlands. It has been bunkered onto the Stena Immortal and will be used to power the main engine in normal […]

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