Tag: Illinois

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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Chicago Argo ethanol prices hit one-month high on export demand

Chicago Argo ethanol prices hit one-month high on export demand

August 22, 2016 |

In Illinois, Chicago Argo ethanol prices reached a one-month high last Friday at $1.4875, up 2.7 cents from the previous day, thanks to continued export demand, especially from Northeast Brazil. Asian destinations including China could become demand centers later on in the year as demand in Brazil wanes off following the start-up of the northeast’s […]

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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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US ethanol exports to Brazil supporting domestic prices

US ethanol exports to Brazil supporting domestic prices

August 10, 2016 |

In Illinois, S&P Platts reports the front-month Chicago ethanol swap has recovered from a seven-month low of $1.3650/gal on Aug. 2 to $1.4250/gal on Monday in large part thanks to the arbitrage window between the US and Northeast Brazil. Supporting the arb window are lower freight prices that are currently running between 10 cents and […]

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RINsanity on repeat has oil industry in a tizzy

RINsanity on repeat has oil industry in a tizzy

August 4, 2016 |

In Illinois, the oil industry is livid about spiking RIN prices in an environment of thin margins due to a long-standing bear market for fossil fuels. RIN prices have increased 32% in the past two months, with refiners potentially looking at a $1.8 billion RIN bill this year, with RIN costs outweighing all other production […]

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ADM expects the first bids for its dry mill ethanol plants in August

ADM expects the first bids for its dry mill ethanol plants in August

August 3, 2016 |

In Illinois, ADM has been open in its exploration of what to do with its dry ethanol mill assets from sale to JV and now expects to receive bids by the end of August following presentations to seven potential buyers. Half of the company’s 1.8 billion gallons of ethanol production occurs at its three dry […]

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University of Illinois researcher says bull run on biodiesel margins may be short

University of Illinois researcher says bull run on biodiesel margins may be short

August 1, 2016 |

In Illinois, a researcher at the University of Illinois Urbana-Champagne says biodiesel margins are likely to stay in the black this year thanks to the upcoming expiry of the $1 per gallon biodiesel blending credit, as has been the case when it expired in 2011 and 2013, but the bull trend may not lost as […]

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Illinois Institute of Technology researchers patent cellulosic technologies

Illinois Institute of Technology researchers patent cellulosic technologies

July 26, 2016 |

In Illinois, scientists from Illinois Institute of Technology received a patent for a method to genetically engineer bacteria and yeast to increase bioethanol production, especially from cellulosic material in biomass like twigs, branches, plant stalks and husks, and woodchips. Researchers developed a method to genetically engineer Escherichia coli and Zymomonas mobilis, two bacterial ethanol producers, […]

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First fuel terminal operator to begin selling pre-blended E15 in “game changing” move

First fuel terminal operator to begin selling pre-blended E15 in “game changing” move

July 19, 2016 |

In Illinois, fuel terminal operator HWRT Oil Company is set to begin selling pre-blended E15 at its four terminals in Illinois, Arkansas and Indiana in mid-September, making it the first company to do so. The decision is in response to more fuel retailers offering the fuel, providing demand for pre-blended E15. The company has already […]

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Argonne National Laboratory models best counties benefit most from bioenergy crops

Argonne National Laboratory models best counties benefit most from bioenergy crops

July 14, 2016 |

In Illinois, to help stakeholders in government and business make smart decisions about the best types of land and local climates for planting bioenergy crops, researchers at the U.S. Department of Energy’s (DOE’s) Argonne National Laboratory are using computational modeling to predict which counties could see increases in soil organic carbon from cultivation of crops […]

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