Tag: USDA

December corn consumption for ethanol slightly higher over November but down on year

December corn consumption for ethanol slightly higher over November but down on year

February 4, 2016 |

In Washington, the USDA’s National Agricultural Statistics Service says corn consumption for ethanol production reached 444.5 million bushels in December, up 2% over the previous month but down 3% from the year-ago period. Nearly 89% of the corn was used in dry milling while the remaining was from wet milling. Corresponding production for DDGS was […]

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USDA highlights benefits of rural development grants with eye on bioenergy

USDA highlights benefits of rural development grants with eye on bioenergy

January 28, 2016 |

In Washington, the USDA has highlighted the economic impacts on rural communities bioenergy investments have made in a new report looking at the $1.1 billion granted for renewable energy through 15,678 individual awards between 2009 and 2015. Rural Energy for America Program guaranteed loans and grants, Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Program […]

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Ensyn nabs Chevron exec as new CEO

Ensyn nabs Chevron exec as new CEO

January 28, 2016 |

Jacobs’ back and Ensyn’s got him. The complete story. Jeffrey Jacobs, who served as Vice President of Chevron Technology Ventures until his recent retirement from Chevron, was appointed CEO of Ensyn Corporation and elected to its Board of Directors. Jacobs was also appointed as a member of the Board of Directors of Envergent Technologies, Ensyn’s […]

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USDA seeks public opinion on market support services for DDGS

USDA seeks public opinion on market support services for DDGS

January 26, 2016 |

In Washington, the U.S. Department of Agriculture’s (USDA) Grain Inspection, Packers and Stockyards Administration (GIPSA) is informing the public that it is soliciting comments to ensure that current services reflect market needs to facilitate the marketing of grain and related commodities. Specifically, GIPSA is inviting comments from producers, handlers, processors, food manufacturers, exporters, importers, consumers, […]

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USDA to offer crop insurance for carinata

USDA to offer crop insurance for carinata

January 18, 2016 |

In Montana, USDA’s Risk Management Agency announced that producers in Montana, North Dakota, and South Dakota can insure carinata by written agreement under the canola and rapeseed insurance plans. Producers must submit a written agreement request to their insurance company by the March 15 sales closing date. Crop insurance provides protection against a loss in […]

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Avoiding Common Pitfalls: The Digest’s 2016 8-Slide Guide to the USDA Section 9003 Loan Guarantee

Avoiding Common Pitfalls: The Digest’s 2016 8-Slide Guide to the USDA Section 9003 Loan Guarantee

January 12, 2016 |

The Department of Agriculture needs no introduction, but within USDA Rural Development is the Energy Division takes a leading role on biorefinery loan guarantees. How does the process work, what are the deadlines, how are applications scored? What do I need?  Deal Jeopardy – what are some common application pitfalls? These are just some of the questions answered […]

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Only Results Count: The Digest’s 2016 8-Slide Guide to success with a Section 9003 Loan Guarantee App

Only Results Count: The Digest’s 2016 8-Slide Guide to success with a Section 9003 Loan Guarantee App

January 10, 2016 |

What is the Purpose of the Feasibility Study? How can I know if my project is feasible? What should I look for in choosing a feasibility study consultant? What does a successful proforma look like when oil prices are so low and predictions of future pricing so unpredictable? Why won’t lenders talk to me? (Recommendations and pointers from […]

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Feedstock Flexibility Program won’t be activated during Q1

Feedstock Flexibility Program won’t be activated during Q1

January 6, 2016 |

In Washington, the U.S. Department of Agriculture Commodity Credit Corporation announced today that it does not expect to purchase sugar under the Feedstock Flexibility Program in the first quarter of 2016. The Commodity Credit Corporation is required to announce quarterly estimates of sugar to be purchased for the Feedstock Flexibility Program based on crop and […]

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Despite USDA record research grant, poplar biofuel can’t compete with cheap oil

Despite USDA record research grant, poplar biofuel can’t compete with cheap oil

January 4, 2016 |

In Washington state, research to produce biofuels from poplar trees at commercial scale has been negatively impacted by low fuel prices as well. More than four years after the University of Washington received $40 million from the USDA to research tree-based biofuels, commercial production still requires oil to be above $80 per barrel. At $100 […]

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Successfully financing advanced biobased projects: The Digest’s 2016 8-Slide Guide to the USDA loan guarantee program

Successfully financing advanced biobased projects: The Digest’s 2016 8-Slide Guide to the USDA loan guarantee program

December 27, 2015 |

Project financing is the financing of infrastructure and industrial projects and relies primarily on the development of a project and its cash flow for repayment — but for a first commercial plant for a given technology, a USDA loan guarantee is going to be invaluable. This slide deck from Faegre Baker Daniels’s John Kirkwood outlines the “news […]

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