Tag: Illinois

Chicago Argo ethanol prices edge towards six-month high thanks to shrinking stocks and exports

Chicago Argo ethanol prices edge towards six-month high thanks to shrinking stocks and exports

December 6, 2016 |

In Illinois, Chicago Argo ethanol is edging close to a six month high at $1.71/gal on Monday thanks to robust exports mixed with falling stocks, down by more than half a million barrels on the week last week. Corn futures prices have rallied recently to $3.4950/bushel on Monday, providing further support to prices. Ethanol exports […]

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University of Illinois Urbana-Champaign makes dry grind breakthrough

University of Illinois Urbana-Champaign makes dry grind breakthrough

November 23, 2016 |

In Illinois, new research at the Integrated Bioprocessing Research Laboratory (IBRL) on the University of Illinois Urbana-Champaign campus could significantly change ethanol production by lowering operating costs and simplifying the dry grind process. “There are currently more than 200 dry grind plants that are processing corn to produce ethanol,” says Vijay Singh, director of IBRL […]

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Argonne lab finds changes in reflectivity on land used for biofuel crops

Argonne lab finds changes in reflectivity on land used for biofuel crops

November 21, 2016 |

In Illinois, researchers at the U.S. Department of Energy’s (DOE’s) Argonne National Laboratory have conducted a detailed study of the reflectivity effects of converting land to grow biofuel crops. Their study is part of an overall analysis of greenhouse gas emissions from land use change: instances where land that was previously forests, grasslands or pastureland […]

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Ethanol price rally snaps despite stocks down 20% from March’s high

Ethanol price rally snaps despite stocks down 20% from March’s high

November 17, 2016 |

In Illinois, ethanol prices were rallying thanks to EIA data showing stocks at their lowest levels in a year but they have since stalled due to doubts the supply situation would last. Ethanol plants coming out of maintenance have boosted production in the past couple of weeks, which should help to fill the supply gap […]

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Chicago ethanol prices fall as production comes back online post-maintenance

Chicago ethanol prices fall as production comes back online post-maintenance

November 15, 2016 |

In Illinois, prices for Chicago ethanol fell to one month lows for both physical and paper trade following the reincorporation of ethanol producers who had shut down for maintenance that led to a tighter market. S&P Platts assessed physical Argo prices at $1.5845/gal while front-month December futures were at $1.4925/gal. For the last week of […]

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EPA to hold public hearing on Renewables Enhancement and Growth Support Rule on December 6

EPA to hold public hearing on Renewables Enhancement and Growth Support Rule on December 6

November 2, 2016 |

In Illinois, the Environmental Protection Agency announced a public hearing to be held in Chicago on December 6, 2016, for the proposed rule “Renewables Enhancement and Growth Support Rule.” This proposed rule will be published separately in the Federal Register. The pre-publication version of this proposal can be found at https://www.epa.gov/renewable-fuel-standard-program/proposed-renewables-enhancement-and-growth-support-regs-rule. In the separate notice […]

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Liquidity in ethanol market evaporates as players wait to see which way prices will go

Liquidity in ethanol market evaporates as players wait to see which way prices will go

October 19, 2016 |

In Illinois, liquidity in the ethanol market has evaporated as traders wait on the sidelines to see where the mood goes, in what one trader described as the slowest day he’d ever seen. Prices rose following the Energy Information Agency’s weekly report that showed the impacts of seasonal maintenance on production volumes, perhaps leaving the […]

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Complying D5s with D4 creates liquidity challenges

Complying D5s with D4 creates liquidity challenges

October 5, 2016 |

In Illinois, the D5 RIN discount to D4s has narrowed recently, causing liquidity challenges in the past two days at it shrunk to just 50 points. Thanks to higher sugar prices that make ethanol production less profitable, less Brazilian ethanol that has traditionally created the majority of D5 RINs has entered the US this year. […]

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Tight spot supply for Argo Chicago sees prices jump

Tight spot supply for Argo Chicago sees prices jump

September 28, 2016 |

In Illinois, tightness in supply of spot Argo Chicago ethanol has seen prices jump more than 8 cents per gallon in the past week and nearly 2.5 cents just on between Monday and Tuesday. The next few weeks are expected to remain tight as export product is loaded.  September’s export activity has ramped up thanks […]

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CO2 from Wisconsin ethanol plant injected into greener concrete production

CO2 from Wisconsin ethanol plant injected into greener concrete production

September 21, 2016 |

In Illinois, Ozinga recently installed the CarbonCure technology at its downtown Chicago ready mix concrete plant. The CarbonCure technology recycles carbon dioxide gas generated by an ethanol plant in neighboring Wisconsin and injects it into Ozinga’s concrete in order to improve the concrete’s compressive strength and significantly reduce its carbon footprint. CarbonCure is concrete’s gateway to the […]

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