Tag: ethanol

Arbitrage window opens for US ethanol into Brazil despite tariff

Arbitrage window opens for US ethanol into Brazil despite tariff

January 22, 2018 |

In Brazil, Reuters reports that just as the government is looking to drop its 20% import tax on ethanol in exchange for renewed access to the US market for its beef, the arbitrage window for US ethanol has opened again, even with the tariff still in place, thanks to increased prices domestically. As much as […]

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Ethanol production saved Zimbabwe $26.5 million in forex

Ethanol production saved Zimbabwe $26.5 million in forex

January 22, 2018 |

In Zimbabwe, the local Financial Gazette newspaper reports that even though weather challenges prohibited the production and therefore blending of ethanol in 2017 as planned, the country still cut its fossil fuel import bill by about 2.65% at $26.5 million. The country imports more than $1 billion of fossil fuels annually. Green Field’s ethanol production […]

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Brazilian hydrous ethanol premium over sugar rises to four-year high

Brazilian hydrous ethanol premium over sugar rises to four-year high

January 22, 2018 |

In Brazil, Platts reports that hydrous ethanol prices continue to soar on lack of availability during the inter-harvest season, bringing the premium above raw sugar up along with it. The premium reached the highest seen in four years when Platts began tracking the premium. Last week saw the premium reach 4.5 cents per pound of […]

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Ethanol production up from last week

Ethanol production up from last week

January 21, 2018 |

In Washington, D.C., ethanol production averaged 1.061 million barrels per day (b/d)—or 44.56 million gallons daily, according to government data analyzed by the Renewable Fuels Association. That is up 66,000 b/d from the week before. The four-week average for ethanol production decreased to 1.045 million b/d for an annualized rate of 16.02 billion gallons. Stocks […]

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Nigerian entrepreneur devises equipment to produce small-scale ethanol from cassava

Nigerian entrepreneur devises equipment to produce small-scale ethanol from cassava

January 17, 2018 |

In Nigeria, a local entrepreneur in Cross River State who is an instructor at a local technical school has developed a range of agricultural machinery the local community can use to improve agricultural processing, including equipment to produce ethanol from cassava. The equipment is produced from iron and steel. Cassava is grown across the country […]

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Brazil may drop ethanol import tariff in exchange for beef exports to the US

Brazil may drop ethanol import tariff in exchange for beef exports to the US

January 17, 2018 |

In Brazil, just months after implementing the controversial move, the government is already exploring whether it should drop its 20% import tariff on ethanol imports above 600 million liters per year. The decision, however, is tied to whether or not the US drops its ban on beef imports from Brazil following a safety inspection scandal […]

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Ethanol To The Rescue of Higher Gas Prices

Ethanol To The Rescue of Higher Gas Prices

January 16, 2018 |

by Dave VanderGriend, Urban Air Initiative — Special to The Digest While it might be a bit overly dramatic to call it a gathering storm, there are already clear signs that the low gasoline prices we have been enjoying for the last several years are about to come to end. A lot of people might forget that […]

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NexSteppe sees RenovaBio boosting Brazilian ethanol demand 60% in 2018

NexSteppe sees RenovaBio boosting Brazilian ethanol demand 60% in 2018

January 15, 2018 |

In Brazil, NexSteppe estimates that ethanol demand could rise 60% in 2018 as a result of RenovaBio and rising gas prices so sugarcane growers should take advantage of the opportunity and use this year to boost their plantations. Older plantations due to lack of investment that require renewing but weren’t has seen sugar production stagnate. […]

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Specialty corn buyers end up selling to ethanol market anyway

Specialty corn buyers end up selling to ethanol market anyway

January 15, 2018 |

In Illinois, Reuters reports that corn farmers who sought to move away from yellow corn for ethanol in the face of a supply glut with four-year low prices and shift into specialty corn like white corn, organic and non-GMO have instead flooded those specialty markets as well. Now, instead of $1 per bushel premiums they’re […]

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RFA says ethanol industry can’t negotiation with oil over RFS until they know what they want

RFA says ethanol industry can’t negotiation with oil over RFS until they know what they want

January 15, 2018 |

In Washington, the CEO of the Renewable Fuels Association told DTN that a constructive discussion on the future of the Renewable Fuel Standard could not be held until the oil industry decides what its position is rather than half a dozen different positions all fighting for dominance. He said some oil companies made investments in […]

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