Tag: Illinois

Chicago mayor sends E15 legislation back to the drawing board

Chicago mayor sends E15 legislation back to the drawing board

December 11, 2014 |

In Illinois, Chicago mayor Rahm Emanuel has deferred the vote on the proposed E15 availability mandate for the city, saying the proposal still needs tweaking so as not to negatively impact small businesses. The bill’s proponent, however, says it has already been weakened so smaller stations don’t have to comply, leaving just a quarter of […]

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Up to $11 million available to help Chicago gas stations switch to E15

Up to $11 million available to help Chicago gas stations switch to E15

December 9, 2014 |

In Illinois, the ethanol industry and the Chicago Lung Association are offering $11 million to gas stations to help them transition their pumps to E15 if the full city council approves a measure to mandate the blend city-wide. The policy has been watered down from its original version, giving stations 360 days to comply with […]

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Chicago Argo ethanol prices lose most of November’s gains

Chicago Argo ethanol prices lose most of November’s gains

December 9, 2014 |

In Illinois, Chicago Argo ethanol has tumbled to its lowest in at least a month at $2.0875/gal, down 11.25 cents from recent levels. After record ethanol production following a record corn crop, the market may at last be oversupplied after soaring nearly 54% in November. Already more than 71 cents of the 98 cents gained […]

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Ethanol exports up 31% on year but that’s nothing compared to 2020

Ethanol exports up 31% on year but that’s nothing compared to 2020

December 8, 2014 |

In Illinois, ethanol exports have increased 31% this year, the highest seen since 2011, but Citibank expects exports to double 2010’s levels between 2015-2020 at around 1 billion gallons per year. The longer the RFS remains in limbo, the more attractive and vital exports become. The RFA has already traveled on trade missions to Peru, […]

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Sorghum Partners have found sorghum products with aphid pest tolerance

Sorghum Partners have found sorghum products with aphid pest tolerance

December 8, 2014 |

In Illinois, Sorghum Partners has announced that several of its hybrid sorghum products have demonstrated tolerance against the sugarcane aphid pest that has plagued crops as far North as Kansas. A third-party evaluation conducted by the Agricultural Research Service division of the USDA verified that several Sorghum Partners® brand sorghum hybrids exhibit strong tolerance to […]

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Big River Resources teams with Prairie Gold on Amazein add-on

Big River Resources teams with Prairie Gold on Amazein add-on

December 3, 2014 |

In Illinois, Big River Resources has teamed with Prairie Gold to add on a zein extraction facility at the ethanol plant in Galva. The first of its kind facility will extract a highly valuable corn protein, marketed as Amazein, that will be used for food and pharmaceutical products such as biodegradable plastics, paper coatings, food […]

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Chicago Argo ethanol prices soar to seven-month high on tight stocks

Chicago Argo ethanol prices soar to seven-month high on tight stocks

November 26, 2014 |

In Illinois, Chicago Argo ethanol prices hit a seven-month high of $2.73/gal, the highest since April 11, thanks to expectations that stocks will remain around the five-year low of 17.335 million barrels reported last week. Next data is to be released Wednesday. Higher corn prices are also supporting ethanol.  

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University of Illinois researchers ID yield zones for three bioenergy crops

University of Illinois researchers ID yield zones for three bioenergy crops

November 25, 2014 |

In Illinois, researchers at the University of Illinois have published a study identifying yield zones for three major bioenergy crops. “The unique aspect of our study is that it provides detailed information about where these crops can grow, in terms of their location and stability over time, which has not been done in the past,” […]

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Archer Daniels Midland acquires Specialty Commodities for $191 million

Archer Daniels Midland acquires Specialty Commodities for $191 million

November 24, 2014 |

In Illinois, Archer Daniels Midland has completed its acquisition of Specialty Commodities for $191 million, including $95 million in working capital. “We are continuing to expand our specialty ingredients portfolio to better serve our customers, improve returns and reduce the volatility of our earnings,” said Greg Morris, president of ADM’s WILD Flavors and Specialty Ingredients […]

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Ethanol futures tumble 7% on production surge

Ethanol futures tumble 7% on production surge

November 20, 2014 |

In Illinois, Chicago ethanol futures prices tumbled 7% after the Energy Information Agency said that ethanol production during the week ending Nov. 14 averaged 970,000 barrels per day, just shy of the 972,000 barrel high seen in June. But even so, New York Harbor ethanol prices are at the highest since May thanks to rail […]

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