Tag: corn

Corn farmers and ethanol plants eligible for $1.51 billion Syngenta settlement

Corn farmers and ethanol plants eligible for $1.51 billion Syngenta settlement

April 17, 2018 |

In Kansas, farmers who grew Viptera and Duracade varieties of corn between 2013 and 2017 are eligible for up to $22.6 million of the $1.51 billion settlement with Syngenta for selling GMO corn seed that was not yet approved by the Chinese government, while a whopping $1.438 billion will go to farmers who didn’t grow […]

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Advanced BioEnergy will expand Aberdeen corn storage and receiving capacity

Advanced BioEnergy will expand Aberdeen corn storage and receiving capacity

April 10, 2018 |

In Minnesota, Advanced BioEnergy, LLC announced it will build an initial 800,000 bushels of year-round corn storage and related grain receiving capabilities at its Aberdeen, South Dakota ethanol plant. The plans include the ability to expand the total year-round corn storage by an additional one million bushels in the future. The grain receiving facility will […]

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Ukraine corn prices soaring on Chinese demand for ethanol

Ukraine corn prices soaring on Chinese demand for ethanol

March 28, 2018 |

In the Ukraine, Platts reports that corn prices are soaring on the back of China’s ethanol drive and increased demand from Egypt, pushing prices up beyond $200 per metric ton during much of March, hitting a 20-month high on March 12 of $209/ton. Late April and May typically brings higher prices for corn as stocks […]

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Al Corn receives first corn to commission expansion in early April

Al Corn receives first corn to commission expansion in early April

March 19, 2018 |

In Minnesota, Al Corn will bring online its $146 million expansion in early April, well ahead of the original July commissioning date, having receiving its first bushels of corn last week.  Boosting its corn consumption to 46 million bushels from 17.5 million to produce 120 million gallons of ethanol from the previous 50 million gallons, […]

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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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