Tag: corn ethanol

Platts sees US corn ethanol crush margin falling to jus 1.84 cents/gal

Platts sees US corn ethanol crush margin falling to jus 1.84 cents/gal

September 11, 2018 |

In Texas, Platts estimates that the average crush margin fell to just 1.84 cents/gal on Monday compared to 6.19 cents/gal the week prior as corn prices gained in the fact of falling Argo benchmark ethanol prices. Seasonal closures for maintenance aren’t expected to impact supplies and provide support for prices until the end of September. […]

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Longping look to growing Brazilian corn ethanol industry to help double market share

Longping look to growing Brazilian corn ethanol industry to help double market share

May 30, 2018 |

In Brazil, Reuters reports that the new Chinese owners of DowDuPont’s Brazilian seed business Longping are looking to double their market share in the country’s corn seed market to 30% from the current 15% partly on the back of growth in the corn ethanol sector in the center-west region. The company is also looking to […]

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New Brazilian corn ethanol association expects to supply bulk of new demand

New Brazilian corn ethanol association expects to supply bulk of new demand

February 7, 2018 |

In Brazil, Reuters reports that the new National Union for Corn Ethanol expects much of the additional ethanol required from RenovaBio will come future corn ethanol production rather than just expanding sugarcane-based ethanol. Whereas preparing and establishing new cane production to supply ethanol demand would cost four years, setting up corn production can happen much […]

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Breakthrough in the Corn Belt: The Digest’s Multi-Slide Guide to corn ethanol and greenhouse gas savings

Breakthrough in the Corn Belt: The Digest’s Multi-Slide Guide to corn ethanol and greenhouse gas savings

January 12, 2017 |

We reported this week that an explosive new peer-reviewed report from ICF found that greenhouse gas emissions reductions from typical corn-based ethanol production have soared to 43 percent compared to 2005-era gasoline. The report projects that by 2022, corn-based ethanol will achieve a 50 percent reduction, and could reach “76 percent in 2022 if there is […]

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Summit Agricultural Group breaks ground on Brazil’s first corn ethanol plant

Summit Agricultural Group breaks ground on Brazil’s first corn ethanol plant

April 4, 2016 |

In Brazil, Summit Agricultural Group has broken ground on its corn ethanol production facility, Brazil’s first dedicated corn ethanol plant. The $115 million facility is expected to be completed mid-2017 and will produce 50 million gallons annually for Brazilian markets in addition to high-value feed for the Brazilian livestock industry. Summit expects the facility to […]

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The Above Ground Oil Field: or, why $65 and $94 oil are inflection points for renewable fuels

The Above Ground Oil Field: or, why $65 and $94 oil are inflection points for renewable fuels

September 7, 2015 |

Unlimited oil production, no exploration risk, positive on environment, cheaper than unconventional US crude — what’s not to like about certain biofuels? This year, Joule Unlimited noted that a “10,000 acre plant represents a reserve value of 100 million barrels of Solar Fuels, equivalent to a medium-sized oil field,” and the company projects that $1.25B […]

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Corn ethanol D6 RINs crumble to 13-month lows on pressure from RFS

Corn ethanol D6 RINs crumble to 13-month lows on pressure from RFS

June 4, 2015 |

In Illinois, corn ethanol D6 RIN prices have touched a 13-month low as the free fall worsened following the EPA’s lower-than-hoped RFS quotas through 2016, leaving roughly 1.8 billion carryover RINs on the market. On Tuesday they were just 40.5 cents, down 32% since the RFS announcement last Thursday and down 46% on the month.

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Minnesota Corn Growers say corn ethanol is critical to rural economy

Minnesota Corn Growers say corn ethanol is critical to rural economy

June 14, 2012 |

In Minnesota, the Minnesota Corn Growers Association claims that corn ethanol production is saving its rural economy. The largest benefits have been economic stimulation and job creation in areas where jobs were previously difficult to find. Minnesota currently boasts over 20 ethanol biorefineries which MCGA attributes to demand created by the Renewable Fuels Standard. The […]

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US ethanol production up, corn prices tumble, as bumper crop hopes grow

US ethanol production up, corn prices tumble, as bumper crop hopes grow

May 24, 2012 |

In Washington, the Energy Information Agency says that ethanol production rose 1.7% in the past week to 919,000 bpd while stocks rose 3.7% to 21.4 million barrels. At the same time, ethanol futures in Chicago fell by 3.7%, the most in four months, as corn prices fell 5.7% on the expectation that rains will boost […]

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RFA says crop yield uncertainty should kill proposed cap on corn ethanol

RFA says crop yield uncertainty should kill proposed cap on corn ethanol

October 6, 2011 |

In Washington,  Reps. Bob Goodlatte (R-VA) and Jim Costa (D-CA) are pushing legislation that would require the EPA to waive a portion of the annual Renewable Fuel Standard (RFS) when the corn stocks-to-use ratio falls below 10 percent. The RFA’s Geoff Cooper comments: “A primary concern is the fact that a decision with annual implications […]

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