Tag: corn

Ethanol futures flip to a premium over gasoline but how long it will last is unknown

Ethanol futures flip to a premium over gasoline but how long it will last is unknown

August 24, 2015 |

In Illinois, the period of healthy margins for Midwest ethanol producers may be coming to an end as ethanol futures shift over to a premium over gasoline. Corn prices are holding fairly steady this year but gasoline prices have fallen to a 6.5 year low this week, pushing ethanol from a discount to a premium […]

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Corn Growers to EPA: slow down “Waters of the US” roll-out

Corn Growers to EPA: slow down “Waters of the US” roll-out

August 16, 2015 |

In Washington, the National Corn Growers Association has caled on the U.S. Environmental Protection Agency’s final rule on “Waters of the U.S.”  The NCGA’s concerns were exacerbated when it became known that the Corps of Engineers, which had been partnering with EPA in the process, expressed significant reservations on the science and legality of the […]

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China’s ethanol producers crushed by artifically high corn prices

China’s ethanol producers crushed by artifically high corn prices

August 4, 2015 |

In China, artificially high corn prices are seriously weighing on margins for corn ethanol producers. Even though the government has tried to auction off corn stocks, there has been little demand, which should have the opposite effect on corn prices than what is being experienced. At the most recent auction, less than 2% of available […]

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EPA Administrator to corn farmers: [Our RFS] delay…was disruptive to say the least. I apologize for that.”

EPA Administrator to corn farmers: [Our RFS] delay…was disruptive to say the least. I apologize for that.”

July 27, 2015 |

In Washington, EPA Administrator Gina McCarthy addressed the Corn Congress and said that ““you might’ve heard we’re trying to shrink or kill this [RFS] program. But the truth is, we’re committed to growing it. The volumes we’ve proposed for 2015 and 2016 are designed to bust through the blend wall.” She added that “our proposed […]

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Argonne lab finds growing bioenergy crops with corn can boost production

Argonne lab finds growing bioenergy crops with corn can boost production

July 22, 2015 |

In Illinois, scientists from the U.S. Department of Energy’s Argonne National Laboratory are designing ways to improve—and hopefully optimize—land use. In collaboration with the farming community of the Indian Creek Watershed in central Illinois, these researchers are finding ways to simultaneously meet three objectives: maximize a farmer’s production, grow feedstock for bioenergy and protect the […]

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Corn ethanol supporters head to the Hill to push for higher blending mandate

Corn ethanol supporters head to the Hill to push for higher blending mandate

July 16, 2015 |

In Washington, more than 300 people took to the Hill in a corn ethanol fly-in to push the Environmental Protection Agency to increase the blending mandate for conventional ethanol. Among them was the Illinois Farm Bureau who attacked the EPA for its use of the term “ambitious” when setting out the blending mandate for 2015 […]

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Researchers say perennial crops could use same water as corn in Upper Midwest

Researchers say perennial crops could use same water as corn in Upper Midwest

July 6, 2015 |

In Michigan, converting large tracts of the Midwest’s marginal farming land to perennial biofuel crops carries with it some key unknowns, including how it could affect the balance of water between rainfall, evaporation and movement of soil water to groundwater. In humid climates such as the U.S. Midwest, evaporation returns more than half of the […]

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Corn ethanol margins likely to rebound as farmers offload old season corn

Corn ethanol margins likely to rebound as farmers offload old season corn

June 25, 2015 |

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 […]

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Ethanol production hits record high of 994,000 bpd

Ethanol production hits record high of 994,000 bpd

June 24, 2015 |

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 […]

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Lack of ethanol demand weighing on corn prices

Lack of ethanol demand weighing on corn prices

May 6, 2015 |

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.

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