Tag: Illinois

ADM may be stuck with dry corn mills in tough assets market

ADM may be stuck with dry corn mills in tough assets market

February 4, 2016 |

In Illinois, ADM may be stuck with the three dry corn mills it is thinking about potentially selling with few potential takers in the market considering the half billion dollar ticket price for two of the near facilities and the fact that Abengoa’s biofuel assets also recently came on the market. Though consolidation has been […]

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Argonne study looks at water sustainability in light of cellulosic biofuel production

Argonne study looks at water sustainability in light of cellulosic biofuel production

January 28, 2016 |

In Illinois, Argonne National Laboratory released a study funded by the U.S. Department of Energy’s Bioenergy Technologies Office (BETO) that examines the potential effects of future biofuel production on freshwater resources in the Missouri River Basin—a region that could play a central role in the production of cellulosic biomass like switchgrass, a perennial energy crop. […]

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University of Illinois researchers says energy crops can reduce GHG without displacing food

University of Illinois researchers says energy crops can reduce GHG without displacing food

January 12, 2016 |

In Illinois, second-generation biofuel crops like the perennial grasses Miscanthus and switchgrass can efficiently meet emission reduction goals without significantly displacing cropland used for food production, according to a new study. Researchers from the University of Illinois and collaborators published their findings in the inaugural edition of the journal Nature Energy. The researchers call it […]

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University of Illinois estimates average of 7 cents per gallon ethanol profitability

University of Illinois estimates average of 7 cents per gallon ethanol profitability

January 11, 2016 |

In Illinois, the University of Illinois farmdoc estimates the average Iowa ethanol plant saw an average of 7 cents per gallon profit in 2015, with 10 cents during the beginning of the year, 3 cents towards the later half of the year, and losses the last four weeks of the year primarily due to low […]

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Biodiesel seen having a good 2016 while other fuels suffer

Biodiesel seen having a good 2016 while other fuels suffer

December 31, 2015 |

In Illinois, between a favorable blending mandate under the Renewable Fuel Standard to reinstatement of the $1 per gallon blending credit, a Bloomberg analysis says that biodiesel’s star is on the rise in 2016 in comparison to other fuels from gasoline to ethanol. Prices in the Midwest have increased 11% this month thanks to the […]

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Convenience stores seen more interested in E15

Convenience stores seen more interested in E15

December 28, 2015 |

In Illinois, a survey of 942 fuel decision makers at convenience stores aged 18-64 in eight Midwest cities undertaken by Carbonview found an increased interest in E15, with 55% wanting to know more about the fuel, 44% of whom found it appealing, 35% who want to use it in their cars and nearly as many […]

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ADM teams with Kinder Morgan on new NC train rail facility and ethanol offloading system

ADM teams with Kinder Morgan on new NC train rail facility and ethanol offloading system

December 23, 2015 |

In Illinois, Archer Daniels Midland Company announced an agreement with Kinder Morgan, Inc. and Bailey Feed Mill to construct a new unit train rail facility and ethanol offloading system in Selma, North Carolina. KMI will invest in and construct the new facilities, which will be located at the Bailey Feed Mill and will have the […]

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Biodiesel boho factor soars to 2.5 year high on back of RFS announcement

Biodiesel boho factor soars to 2.5 year high on back of RFS announcement

December 2, 2015 |

In Illinois, the boho factor between soy oil prices and heating oil prices has risen to its highest level in two and a half years as soy oil climbs higher. The higher soybean oil is thought to be a result of the EPA’s blending mandate announcement for 2014-2016 this past Monday. Yet the higher the […]

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Grain sorghum may give corn a run for its money as ethanol feedstock

Grain sorghum may give corn a run for its money as ethanol feedstock

November 19, 2015 |

In Illinois, grain sorghum appears to be increasingly popular as an ethanol feedstock, sidelining corn somewhat. A recent USDA’s World Agricultural Supply and Demand Report showed corn demand for ethanol falling by 75 million bushels, making some experts predict that demand is being replaced by sorghum that is available even cheaper than corn in some […]

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Chicago Argo ethanol prices slump on low corn prices while waiting for RFS decision

Chicago Argo ethanol prices slump on low corn prices while waiting for RFS decision

November 18, 2015 |

In Illinois, the lowest corn prices so far this year and hesitation in the ethanol market as participants wait for news on the final blending mandate for 2014-2016 from the EPA is weighing on Chicago Argo ethanol prices. In a bid-ask range on Monday of $1.4675-$1.4750/gal, prices are acting sluggish. Buyers still have to blend […]

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