Tag: corn

Too much corn leading to lower profits for farmers

Too much corn leading to lower profits for farmers

January 27, 2018 |

In Illinois, corn farmers are selling crops at a loss to makers of ethanol or animal feed because of excess supply of food-grade corn. Many farmers switched or added different strains of corn in order to diversify and get premium prices for nice products like white corn which can often be sold at a premium, […]

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Corn export sales fall 19%

Corn export sales fall 19%

January 27, 2018 |

In Texas, Platts reports that U.S. net export sales of current and next crop corn totaled 1.531 million mt in the week that ended January 18, down 19% from 1.891 million mt in the previous week, according to Department of Agriculture data. Of total net exports sales, 1.446 million mt were for the current corn […]

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Corn ethanol king during Brazil’s sugarcane interharvest season

Corn ethanol king during Brazil’s sugarcane interharvest season

January 25, 2018 |

In Brazil, domestic corn-based ethanol is quickly becoming king during the sugarcane interharvest season with 30.55 million liters of the 42.5 million liters coming from corn during the first half of January. With most of the new corn ethanol production capacity coming from Mato Grasso, making it too far to think of exports, demand from […]

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Brazil raises soybean and corn crop estimates for 2017-18

Brazil raises soybean and corn crop estimates for 2017-18

January 14, 2018 |

In Brazil, Platts is reporting that Brazilian official crop agency Conab raised its crop estimates for soybeans and corn in 2017-18, as improved weather boosts yields and planted areas are revised higher. Conab said in a monthly report that the current soybean crop, which was already planted and is under development, will reach 110.44 million […]

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Drought dries out corn and soy profits, raises prices

Drought dries out corn and soy profits, raises prices

December 8, 2017 |

In Argentina, a drought that started on September 21 continues to wreak havoc on late-season soy and corn plantings as well as existing, growing crops. Prices on soybean and soymeal reached their highest levels since July because of the Argentina drought, especially since it is the top global supplier of soymeal livestock feed and soy […]

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Western New York Energy celebrates 10-year anniversary

Western New York Energy celebrates 10-year anniversary

December 1, 2017 |

In New York, Western New York Energy celebrated its 10th anniversary from when it began production at its 62-million gallon per year ethanol plant in Medina, being the first ethanol plant in New York. The ethanol plant had an initial production capacity of 50 million gallons per year and today is capable of producing 30% […]

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Brazil flex mills running both cane and corn for year-round production

Brazil flex mills running both cane and corn for year-round production

November 19, 2017 |

In Brazil, ethanol producers in the central cane belt region are using corn to fill in the production gap when cane is not in harvest for biofuel. Most Brazilian ethanol producers in the area have an idle period for three months when there is no cane harvesting, but six plants are currently operating during those […]

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US Grain Exports create $55.5B In Economic Output: New Report

US Grain Exports create $55.5B In Economic Output: New Report

November 10, 2017 |

In Washington, a new report concluded that U.S. feed grain and grain products exports were worth $18.9 billion in 2015 and supported $55.5 billion in economic output. These exports were linked directly or indirectly to nearly 262,000 jobs.  Results showed every $1 of grain exports generated supported an additional $2.19 in business sales. And every […]

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As much as 70% of Chinese corn stocks could be spoiled

As much as 70% of Chinese corn stocks could be spoiled

October 26, 2017 |

In China, as much as 70% of the country’s 20 million metric tons of corn stocks could be spoiled, leaving its main outlet as feedstock for ethanol but current installed capacity isn’t likely to be able to process such low quality corn. As a result, imports from the US may be required even if China […]

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Midwest corn harvest pushes ethanol margins to nine-month highs

Midwest corn harvest pushes ethanol margins to nine-month highs

September 26, 2017 |

In Illinois, with the onslaught of the corn harvest, prices are falling and in turn crush margins are improving, reaching a nine-month high. Poor margins earlier in the year had negative impacts on Q2 reporting in July for several independent producers such as The Andersons, Green Plains, and Pacific Ethanol. With RIN prices rebounding to […]

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