Tag: Midwest

What China does on corn, ethanol and DDGS seen driving market in 2019

What China does on corn, ethanol and DDGS seen driving market in 2019

January 1, 2019 |

In the Midwest, Platts reports that if China decides to continue its retaliatory tariffs on US soybeans, it would see farmers switch planting this spring to more corn than soybean which would in turn depress corn prices and increase margins. Improved margins would then not only boost ethanol production but also demand for DDGS, also […]

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New 45Q tax credit for CCS could stimulate ethanol plants to invest

New 45Q tax credit for CCS could stimulate ethanol plants to invest

July 10, 2018 |

In the Midwest, the Great Plains Institute believes the new 45Q tax credit for carbon capture and storage could be a major incentive for ethanol plants to invest in CO2 capture as well as infrastructure such as pipelines to transport it, either for underground storage or to petroleum companies. The institute believes the ethanol industry […]

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DOE researchers find drought-hit biomass produces toxic compounds rather than fuels

DOE researchers find drought-hit biomass produces toxic compounds rather than fuels

September 12, 2017 |

In the Midwest, Department of Energy researchers examined the effect of weather on biofuel production by comparing switchgrass and corn stover harvested after a year of major drought and after 2 years of normal precipitation. They found that the plants produced more sugar, but the sugar changed during pretreatment and produced toxic compounds rather than […]

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Ethanol crush margins continue to increase despite higher production and growing stocks

Ethanol crush margins continue to increase despite higher production and growing stocks

August 15, 2017 |

In the Midwest, ever-stronger crush margins thanks to falling corn prices ahead of a bumper crop have producers cranking out ethanol despite ethanol prices remaining range-bound for the past several weeks. Ethanol production remains well over a million barrels per day. Platts reported that the crush margin was around 28.39 cents/gal on Monday, up 2.59 cents/gal from […]

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Ethanol production breaks record again at an average of 1.029 million bpd

Ethanol production breaks record again at an average of 1.029 million bpd

July 21, 2016 |

Across the Midwest, ethanol production continues to break records with the week of July 15 seeing an average of 1.029 million barrels per day, higher than the last record of 1.013 million barrels per day the week ending June 10. It was the eighth time production passed an average production of more than a million […]

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Midwest ethanol prices on the rise ahead of Memorial Day weekend

Midwest ethanol prices on the rise ahead of Memorial Day weekend

May 26, 2016 |

In the Midwest, with the Memorial Day holiday fast approaching, ethanol prices for fuel loaded on trucks in Minnesota and Wisconsin. In Minneapolis, prices rose three cents per gallon from Monday to Thursday, a typical move ahead of holiday weekends when fuel will need to be blended on the go to keep holiday travelers moving. […]

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US ethanol production seen returning to 1 million b/d after maintenance season

US ethanol production seen returning to 1 million b/d after maintenance season

May 4, 2016 |

In the Midwest, ethanol production is expected to ramp back up to 1 million barrels per day after maintenance season finishes despite margins remaining thin. Production passed 1 million barrels per day in January but has wound down to 927,000 b/d in the week ended April 22 while Platts expects production was 935,000 b/d in […]

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Ethanol market seen recovering as producers shut down for maintenance

Ethanol market seen recovering as producers shut down for maintenance

March 28, 2016 |

Across the Midwest, annual maintenance season for ethanol plants will be in full swing the next week or two which is expected to help reduce record-breaking stocks across the country and start to support prices ahead of summer driving season. With thin margins plaguing many producers, some plants may look to do more maintenance this […]

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Ethanol production falls to lowest since May 8

Ethanol production falls to lowest since May 8

August 27, 2015 |

In the Midwest, the Energy Information Agency says ethanol production slipped to its lowest level last week since May 8 at 954,000 barrels per day on average. Despite the fall in production, stocks were higher around the country except for the major production center in the Midwest and Gulf Coast stocks where more exports originate […]

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Midwest ethanol crushing margins hit five-week high

Midwest ethanol crushing margins hit five-week high

August 4, 2015 |

In the Midwest, crushing margins have improved 22% since last week, reaching a five-week high of 45.51 cents/gal thanks to lower feedstock prices and higher DDGS prices. Corn costs fell nearly 7% during the week to a five-week low while DDGS prices rose to a seven-week high of $148.49/st. Platts uses a model simulating the costs of ethanol production […]

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