Tag: Illinois

Chicago ethanol market at four-month high thanks to maintenance season

Chicago ethanol market at four-month high thanks to maintenance season

April 17, 2017 |

In Illinois, the front-month Chicago ethanol swap soared to a four-month high last week at $1.6850/gal thanks to shrinking supplies due to some producers shutting down for maintenance, finally falling below an average of 1 million gallons per day at 986,000 b/d. That was the lowest production seen in six weeks and more of a […]

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Boho continues slide, hits 71-week low

Boho continues slide, hits 71-week low

April 6, 2017 |

In Illinois, the Boho factor between heating oil blendstock and soybean oil prices fell to a 71-week low, falling more than 25% during the last nine sessions alone. With more than 55% of US biodiesel produced from soy oil, futures prices are a key factor in calculating biodiesel margins. A record soybean harvest mixed with […]

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SIUE ethanol facility names new research director after national search

SIUE ethanol facility names new research director after national search

April 6, 2017 |

In Illinois, following an extensive national search, the NCERC (National Corn-to-Ethanol Research Center) at Southern Illinois University Edwardsville has announced the hiring of Yan Zhang as the director of research/associate research faculty. Zhang will provide scientific and technical excellence for all client-and grant-funded research projects at the center’s pilot plant and laboratories. Zhang started at […]

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University of Illinois researchers demo GM sugarcane can produce oil for biodiesel in leaves and stems

University of Illinois researchers demo GM sugarcane can produce oil for biodiesel in leaves and stems

April 4, 2017 |

In Illinois, a multi-institutional team led by the University of Illinois have proven sugarcane can be genetically engineered to produce oil in its leaves and stems for biodiesel production. Surprisingly, the modified sugarcane plants also produced more sugar, which could be used for ethanol production. The dual-purpose bioenergy crops are predicted to be more than […]

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Ag economist says just 20% of retroactive biodiesel credit could make producers viable

Ag economist says just 20% of retroactive biodiesel credit could make producers viable

April 3, 2017 |

In Illinois, a well-known agricultural economics professor at the University of Illinois at Urbana-Champaign believes that the $1 per gallon biodiesel blending credit will be extended even though it lapsed at the end of last year, so the subsidy should be calculated into economic analysis of the industry. He said that a sharing agreement of […]

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New life on the cards for Illinois biodiesel project

New life on the cards for Illinois biodiesel project

March 28, 2017 |

In Illinois, a new proposal for a biodiesel plant in Newton would be double the size of the original project planned but never brought to full production capacity. The 100 million gallon per year facility would require an additional investment of more than $28 million, a deal the city council is currently negotiating with the […]

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New safer tanker rail cars waiting to be used but cost three times the standard

New safer tanker rail cars waiting to be used but cost three times the standard

March 16, 2017 |

In Illinois, thousands of unused tanker rail cars that are up to the standards required to transport ethanol by 2023 are going unused because they are three times more expensive than the current industry standard that has been criticized for not providing sufficiently safe transport, especially through populated areas. Following last week’s accident in Iowa […]

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Researcher use semiautonomous robot to assess energy sorghum

Researcher use semiautonomous robot to assess energy sorghum

March 1, 2017 |

In Illinois, a semiautonomous robot may soon be roaming agricultural fields gathering and transmitting real-time data about the growth and development of crops, information that crop breeders—and eventually farmers—can use to identify the genetic traits in plants likely to produce the greatest yields. A team of scientists from the Carle R. Woese Institute for Genomic […]

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Smaller corn acreage seen cutting 2017/18 ending stocks

Smaller corn acreage seen cutting 2017/18 ending stocks

February 21, 2017 |

In Illinois, analysts expect farmers to plant fewer corn acres this spring with a focus instead on more soybean production, a decision that will lead to tighter ending stocks in 2017/18 that will in turn boost production costs for ethanol that could shrink margins if ethanol prices don’t rise in line with the increased corn […]

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Midwest ethanol prices to fall as Kinder Morgan diverts shipments away from Argo

Midwest ethanol prices to fall as Kinder Morgan diverts shipments away from Argo

February 14, 2017 |

In Illinois, although ethanol producers have slowed down production rates in line with recently-negative margins, a lack of storage at Kinder Morgan’s Argo facility has forced the company to stop shipping ethanol to the key transportation hub as of noon Tuesday. Instead, it is being diverted to nearby Stony Island for an undetermined amount of […]

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