In Illinois, corn prices are expected to fall soon, known as a “mini harvest”, as farmers look to offload corn before bringing in the new crop this fall, a move that will help corn ethanol margins rebound from recent levels. Corn prices have risen 5% over the past few weeks, pressuring margins to 10 cents […]
In Washington, the Energy Information Agency says ethanol production from corn hit a new record high last week of 994,000 barrels per day, 2,000 bpd higher than the previous record hit in December. Corn prices are at near five-year lows, providing high enough margins to ethanol producers to encourage them to ramp up production. Stocks […]
In Illinois, corn prices continue to weaken in large part because of expectations that demand from ethanol producers will be lower. A strong dollar means more ethanol imports and fewer exports while the blend wall has domestic demand fairly stagnant. Expectations of another bumper crop are also weighing down prices.
In Washington, the head of the National Corn Growers Association and the Renewable Fuels Association issued a joint letter to Congress urging the immediate reform of the RFS to reduce ethanol demand from the Midwest. But don’t worry, it was just a cleverly-written April Fools Day joke.
In Illinois, researchers at the University of Illinois Urbana-Champagne tested pig diets containing 30 percent conventional DDGS (DDGS-CV), high-protein distillers dried grains (HP-DDG), or uncooked DDGS (DDGS-BPX), and compared them with a corn-soybean meal basal diet. They conducted one experiment using growing pigs and another experiment using finishing pigs to determine if the stage of […]
In Ohio, Ohio Corn Marketing Program, in partnership with the American Lung Association of the Upper Midwest and the American Lung Association of the Midland States, is pleased to announce, The Ethanol Infrastructure Grant Program, a new grant funding opportunity for petroleum marketers to significantly expand the reach of ethanol compatible fuel in the Ohio […]
In Illinois, Chicago corn futures have fallen below $4 a bushel after the Energy Information Agency reported that ethanol production fell by 25,000 barrels per day last week on shrinking crush margins. Some ethanol plants are already running in the red with margins at just 21 cents per gallon, but increasing DDGS demand has lifted […]
In 2015, corn prices are expected to return to “more reasonable levels” as the demand side remains supportive. For the first quarter of the marketing year, USDA projected corn used for ethanol at 5.2 billion bushels, slightly higher than last year. Ethanol production was about 5 percent larger than the same quarter last year, compared […]
In Iowa, the state produced a record 3.9 billion gallons of ethanol in 2014 from 43 facilities, in large part thanks to a bumper corn crop that brought the price of feedstock down to create very profitable margins. High gas prices for much of the year as well as increased demand for ethanol exports also […]
In Georgia, Randy Dowdy has set the world record for corn yield with an average of 503 bushels per acre using DEKALB corn seed genetics. Dowdy achieved the record as part of the 2014 National Corn Growers Association’s (NCGA) 50th Annual National Corn Yield Contest. The Georgia growing season started off with challenging weather conditions. […]