Tag: USDA

USDA sees Chinese ethanol imports falling to 300 million liters in 2017

USDA sees Chinese ethanol imports falling to 300 million liters in 2017

February 14, 2017 |

In China, the USDA’s Beijing bureau said increased import duties on ethanol is seen cutting import demand from the US by two-thirds to 300 million liters in 2017 from 853 million liters last year. As China looks to draw down its record-breaking stocks of poor quality corn through ethanol production, distilleries are expected to produce […]

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Getting a Loan Guarantee: The Digest’s 2017 Multi-Slide Guide to the USDA 9003 Loan Guarantee program

Getting a Loan Guarantee: The Digest’s 2017 Multi-Slide Guide to the USDA 9003 Loan Guarantee program

January 29, 2017 |

Last week, we held a webinar aimed at helping you get your board of directors, senior management team, investors and partners focused on the right winning strategy during a loan guarantee process such as Section 9003. The 2014 Farm Bill provides for support of Advanced Biofuels, Renewable Chemicals, and Biobased Product Manufacturing by providing loan guarantees for up […]

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USDA releases LCA study of corn-based ethanol

USDA releases LCA study of corn-based ethanol

January 12, 2017 |

In Washington, Agriculture Secretary Tom Vilsack announced the release of a report studying the lifecycle greenhouse gas (GHG) balance of corn ethanol. The report, A Life-Cycle Analysis of the Greenhouse Gas Emissions of Corn-Based Ethanol, finds that GHG emissions associated with corn-based ethanol in the United States are about 43 percent lower than gasoline when […]

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Breakthrough in the Corn Belt: The Digest’s Multi-Slide Guide to corn ethanol and greenhouse gas savings

Breakthrough in the Corn Belt: The Digest’s Multi-Slide Guide to corn ethanol and greenhouse gas savings

January 12, 2017 |

We reported this week that an explosive new peer-reviewed report from ICF found that greenhouse gas emissions reductions from typical corn-based ethanol production have soared to 43 percent compared to 2005-era gasoline. The report projects that by 2022, corn-based ethanol will achieve a 50 percent reduction, and could reach “76 percent in 2022 if there is […]

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The bioeconomy, #1 catalyst for rural development: The Digest’s 2017 Multi-Slide Guide to USDA and rural development

The bioeconomy, #1 catalyst for rural development: The Digest’s 2017 Multi-Slide Guide to USDA and rural development

January 11, 2017 |

Outgoing Agricultural Secretary Tom Vilsack put it best: “The bioeconomy is a catalyst for economic development in rural America, creating new jobs and providing new markets for farmers and ranchers. Investing in the businesses and technologies that support the production of biofuels and biobased products is not only good for farm incomes. The whole economy […]

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USDA to provide up to $50 million in funding for Farm-to-Fleet Program

USDA to provide up to $50 million in funding for Farm-to-Fleet Program

January 3, 2017 |

In Washington, in support and for the purposes of the Farm-to-Fleet Program, the U.S. Department of Agriculture (USDA) Commodity Credit Corporation (CCC) is announcing that funding is available to pay a BPI to companies that are refining biofuel in the United States from certain domestically grown feedstocks converted to drop-in biofuel. If eligibility requirements are […]

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USDA says likely no need for Feedstock Flexibility Program in fiscal year 2017

USDA says likely no need for Feedstock Flexibility Program in fiscal year 2017

January 3, 2017 |

In Washington, the USDA’s Commodity Credit Corporation announced that it does not expect to purchase and sell sugar under the Feedstock Flexibility Program in fiscal year 2017.  Federal law allows sugar processors to obtain loans from USDA with maturities of up to nine months when the sugarcane or sugar beet harvest begins. Upon loan maturity, […]

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USDA’s Food Price Outlook shows grocery store items 2.3% cheaper amidst record biodiesel production

USDA’s Food Price Outlook shows grocery store items 2.3% cheaper amidst record biodiesel production

December 27, 2016 |

In Washington, as Americans set the table for another holiday meal this year, they are paying less for it, according to the USDA’s Food Price Outlook. The Consumer Price Index for grocery store items is 2.3 percent lower than the last year, all while biodiesel production is higher than ever. “Food is a universal part of most holiday […]

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USDA data show cost of food has declined despite biofuels surge

USDA data show cost of food has declined despite biofuels surge

December 23, 2016 |

In Washington, data reported in the U.S. Department of Agriculture’s Food Price Outlook shows that the Consumer Price Index for grocery store items is 2.3 percent lower than the last year, all while biodiesel production is higher than ever. “Food is a universal part of most holiday celebrations, and this year prices have dropped even […]

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Average ethanol price in 2016 lowest since 2003

Average ethanol price in 2016 lowest since 2003

December 21, 2016 |

In Washington, the USDA says average ethanol price in 2016 was $1.55 per gallon, the lowest price since 2003.While the price of ethanol is also impacted by unrelated movements in the corn market, slowing growth of ethanol production has impacted the prices of both commodities. Corn based ethanol production has begun leveling off since 2010 […]

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