Tag: Illinois

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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Ethanol production nears high as distilleries end maintenance period

Ethanol production nears high as distilleries end maintenance period

June 9, 2016 |

In Illinois, ethanol production has soared following the end of maintenance season with the second-highest volume produced ever last week at an average of 1.006 million b/d. Plants have invested in boosting production capacity at existing facilities over the past couple of years, keeping the market wondering exactly how much fuel can be produced. It […]

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US ethanol prices deterring exports at 18-month highs

US ethanol prices deterring exports at 18-month highs

June 6, 2016 |

In Illinois, ethanol prices could pull back from an 18-month high as producers ramp up production to take advantage of higher margins. The high prices are already impacting export demand with little or no business being booked at these levels, while the prices could even be high enough to trigger a limited import window until […]

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USDA says April corn and sorghum consumption for ethanol fell

USDA says April corn and sorghum consumption for ethanol fell

June 2, 2016 |

In Illinois, the USDA says corn consumption for ethanol in April fell to 392.4 million bushels from 430.9 million bushels in March and 407.8 million bushels during the same period last year. DDGS production fell in line with ethanol production to 1.702 million tons in April compared to 1.920 million tons in March. Sorghum consumption […]

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Chicago Argo ethanol prices following corn futures higher

Chicago Argo ethanol prices following corn futures higher

June 2, 2016 |

In Illinois, high corn prices are supporting Chicago Argo ethanol prices to an 11-month high of $1.6445/gal, 1.7 cents higher on Wednesday than on Tuesday. Corn prices have risen on the back of a weakening dollar, with currency fluctuations moving around due to uncertainty as to whether the Fed will raise interest rates in June. […]

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DDGS prices supported by Chinese and domestic demand

DDGS prices supported by Chinese and domestic demand

May 25, 2016 |

In Illinois, DDGS prices are finding support from increased Chinese buying combined with domestic buying that had been holding off on purchases due to higher prices but can no longer wait as stores get thinner. July prices are still running at a discount to July 2015 but they are stronger than in June, indicating the […]

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ADM finalizes sales of Brazilian ethanol plant

ADM finalizes sales of Brazilian ethanol plant

May 25, 2016 |

In Illinois, Archer Daniels Midland Company announced that it had completed the sale of its sugarcane ethanol operations in Limeira do Oeste, in the Brazilian state of Minas Gerais. “ADM’s Corn business is delivering on its strategy of diversifying our portfolio and expanding our global footprint, while addressing underperforming businesses,” said Chris Cuddy, president of […]

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US ethanol maintenance season over as plants ramp back up

US ethanol maintenance season over as plants ramp back up

May 12, 2016 |

In Illinois, Platts says that the US ethanol plant maintenance season has come to end, signaling a ramping back up of production ahead of the summer driving months. The Energy Information Administration reported production jumped last week to 962,000 b/d, up 39,000 b/d on the week. Stocks fell last week to 21.252 million barrels, down […]

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University of Illinois and the University of Florida get ARPA-E funding for biofuel crop research

University of Illinois and the University of Florida get ARPA-E funding for biofuel crop research

May 10, 2016 |

In Illinois and Florida, researchers from University of Illinois and the University of Florida have been awarded a third round of funding from the U.S. Department of Energy’s Advanced Research Projects Agency-Energy (ARPA-E) to realize ultra-productive biofuel crops. ARPA-E supports initial research for high-potential, high-impact energy technologies to show proof of concept prior to private-sector investment. […]

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REG expands Danville facility with new tank capacity for storing biodiesel and feedstocks

REG expands Danville facility with new tank capacity for storing biodiesel and feedstocks

May 3, 2016 |

In Illinois, Renewable Energy Group Inc. announced the company’s Danville operation now has more than 14 million gallons of tank capacity to store both biodiesel and feedstocks. REG Danville LLC recently purchased the tank complex at the adjacent Bunge Milling Inc. facility for approximately $1.5 million. The tanks are being connected to REG Danville’s existing infrastructure […]

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