Tag: Illinois

S&P Global Platts looks to revise methodology for Chicago Argo ethanol prices assessments

S&P Global Platts looks to revise methodology for Chicago Argo ethanol prices assessments

February 21, 2019 |

In Illinois, following a period of industry consultation, S&P Global Platts announced a proposal to revise the methodology for its Ethanol Chicago (terminal) price assessment to expand the delivery (offtake) options to include barge, rail and truck loading, effective May 1, 2019. “By this proposal, we will expand delivery options for our Ethanol Chicago price assessment, […]

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Kinder Morgan to boost Argo infrastructure to help reduce ethanol glut

Kinder Morgan to boost Argo infrastructure to help reduce ethanol glut

February 20, 2019 |

In Illinois, Reuters reports that in an effort to slow falling ethanol prices as a result of a supply glut and in response to ADM flooding the benchmark Argo terminal since late 2017, Kinder Morgan will expand its barge-loading capacity to help increase the flow of ethanol towards coastal markets with higher prices. The number […]

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FQPT installs new SGT technology at CHS ethanol facility

FQPT installs new SGT technology at CHS ethanol facility

February 4, 2019 |

In Illinois, Fluid Quip Process Technologies (FQPT) has completed the installation and startup of its patented Selective Grind Technology (SGT™) at the 150 million gallon per year CHS ethanol facility located in Rochelle, IL. “Adding the SGT™ system to an ethanol plant not only increases yields but enables these plants to switch to more cost-effective […]

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University of Illinois researchers look at how to grow Miscanthus in cold climes

University of Illinois researchers look at how to grow Miscanthus in cold climes

January 31, 2019 |

In Illinois, for farmers, Miscanthus represents a big up-front investment. The large perennial grass must be established from vegetative pieces at great cost to farmers, but it promises a decade or more of massive biomass yields, starting in year two or three. If a cold winter happens to strike in the first year, however, all […]

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Analyst says China’s big R&D push for electric vehicles could erode future ethanol demand

Analyst says China’s big R&D push for electric vehicles could erode future ethanol demand

January 28, 2019 |

In Illinois, an S&P Platts analyst told AgDay that with $150 billion earmarked by China in electrical vehicle R&D over the next several years, demand for 10% ethanol blending from China could be eroded in the longer term. As such, the Chinese market shouldn’t be seen as a “savior” for the US ethanol industry. In […]

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Researchers find corn ILUC to be minimal

Researchers find corn ILUC to be minimal

January 28, 2019 |

In Illinois, since 2007 corn ethanol production has doubled and there was also a sharp upturn in corn prices between 2008 and 2012. However, a newly released article in the American Journal of Agricultural Economics finds no evidence to support earlier concerns about large indirect land use change effect of corn ethanol causing expansion in […]

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Animal feed compounders choosing soymeal over expensive DDGS

Animal feed compounders choosing soymeal over expensive DDGS

January 21, 2019 |

In Illinois, Reuters reports that animal feed markets are looking to cheaper soy meal rather than DDGS because of shifts in prices resulting from the ongoing trade war with China. Without Chinese buying ethanol, ethanol demand has dropped and production is starting to fall in turn, reducing the availability of DDGS and raising prices. On […]

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Oilseeds and European biodiesel crushing only bright spots to Cargill’s Q2 losses

Oilseeds and European biodiesel crushing only bright spots to Cargill’s Q2 losses

January 3, 2019 |

In Illinois, Reuters reports that oilseeds were Cargill’s bright spot for fiscal Q2 following reporting that saw net earnings fall 20% on the year. Biodiesel production in Europe was one of the company’s highlights in addition to strong crushing in both Europe and North America along with grain exports from North America. With soybeans at […]

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New study shows ethanol had minim impact on land use change between 2007 and 2014

New study shows ethanol had minim impact on land use change between 2007 and 2014

December 27, 2018 |

In Illinois, ethanol production has increased sharply in the United States in the past 10 years, leading to concerns about the expansion of demand for corn resulting in conversion of non-cropland to crop production and the environmental effects of this. However, a new study co-authored by a University of Illinois researcher shows that the overall […]

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Just 300 million gallons of Chinese ethanol demand could boost US farm economy

Just 300 million gallons of Chinese ethanol demand could boost US farm economy

December 24, 2018 |

In Illinois, Bloomberg reports that increased ethanol demand from China amidst the ongoing trade war with the US could go a long way to helping to relieve some of the troubles the US corn belt is facing as a result of ongoing loss of demand for American crops and products, such as ethanol. The CEO […]

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