Tag: corn

Indiana promoting E85 as part of bicentennial celebrations

Indiana promoting E85 as part of bicentennial celebrations

September 12, 2016 |

In Indiana, the state’s corn marketing council is sponsoring the use of E85 in a torch that is being run throughout the state’s 92 counties in a relay over the next 35 days in celebration of the Indiana’s bicentennial. The use of E85 is a way to show the importance of corn to the state’s […]

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Bumper Midwest crops to keep feedstocks low for biofuels

Bumper Midwest crops to keep feedstocks low for biofuels

August 30, 2016 |

In Illinois, a bumper corn crop is expected to keep prices below $3 per bushel even with current ethanol demand, providing an opportunity to pump out even more ethanol thanks to cheap prices. Growers expected a La Niña weather event to negatively impact crops this season but that didn’t materialize and the crops have been […]

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Germany looking at US native plant as key to biogas feedstock sustainability

Germany looking at US native plant as key to biogas feedstock sustainability

August 29, 2016 |

In Germany, the biogas industry is investigating the use of Silphie, known as Indian Cup in its native US, as a potential feedstock as an alternative to corn. A perennial plant that can grow for 20 years, field trials have shown that the crop has a number of potential benefits compared to corn thanks to […]

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National Corn-to-Ethanol Research Center receives grant to study partnerships

National Corn-to-Ethanol Research Center receives grant to study partnerships

August 18, 2016 |

In Illinois, Southern Illinois University Edwardsville’s National Corn-to-Ethanol Research Center as well as two departments of Madison County have been awarded a non-financial grant to support the study of ways to connect economic and workforce development in Madison County to education. The hope is the study will outline ways to boost job creation and training […]

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DDGS prices fall to level of corn futures

DDGS prices fall to level of corn futures

July 25, 2016 |

In Iowa, DDGS prices have fallen to around the value of corn having come down from 120% of the commodity’s value. As a result, buyers are hovering on the sidelines waiting to see which direction prices turn which can only continue to weigh on them. As the impending corn crop gets closer to harvest, buyers […]

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Chinese corn stocks could drive further demand for US corn and DDGS

Chinese corn stocks could drive further demand for US corn and DDGS

July 11, 2016 |

In China, as much as 20% of the country’s corn reserves—the total of which represent half of the world’s corn reserves—are likely to be spoiled and unfit for human consumption which has led to a spike in imports over more than 1 million metric tons in both April and May predominantly from the US and […]

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Ethanol crush margins highest in eight months

Ethanol crush margins highest in eight months

June 28, 2016 |

In Illinois, ethanol producers are benefiting from the highest crush margins seen in eight months thanks to falling corn prices ahead of the next crop and steady ethanol demand from summer driving season. Platts estimates that the price differential converts into a crushing margin of 23.21 cents/gal compared to 23.53 cents/gal last seen last October. […]

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China’s US DDGS imports already falling due to corn destocking policy

China’s US DDGS imports already falling due to corn destocking policy

May 26, 2016 |

In China, demand for American DDGS imports is already starting to feel the pinch of China’s new destocking policy for corn with March imports falling to 121,619 metric tons from 469,354 tons in March 25. It’s a fraction of the imports seen in June 2015 of 967,529. The country’s ongoing investigation into potential dumping of […]

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Rapeseed prices on the rise in Europe as other ag prices plummet

Rapeseed prices on the rise in Europe as other ag prices plummet

May 1, 2016 |

In Germany, UFOP is reporting that rapeseed prices are the only prices that have surpassed 2015 levels, noting in particular that cereals and corn prices have seen a short dip. In April, Rapeseed prices shot up to the highest levels since 2015; April 2016 bids for rapeseed were on average EUR 349 per tonne ex […]

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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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