John Deere debuts corn ethanol contract insurance; will permit farmers to make higher delivery commitments

In Missouri, John Deere announced a new corn-for-ethanol delivery contract insurance that would supplement existing crop coverage for farmers. John Deere executives said that the new insurance coverage would fill a gap between traditional crop-failure insurance and the terms and conditions associated with ethanol delivery. They said it would permit farmers to make higher delivery commitments for ethanol production.

John Deere announced last November that its official policy on biodiesel is that B5 blends are preferred, but that B20 is acceptable if used in conjunction with an approved fuel conditioner.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

Today in Biofuels: Chevron, Weyerhaeuser form next-gen biofuels venture; EPA’s vast powers under Energy Act; new Land Rover biodiesel-electric hybrid concept

Top Story: In Washington State, timber colossus Weyerhaeuser and Chevron announced a new partnership to explore cellulosic ethanol technologies. The new joint venture, Clearlight, will be based nea...

John Deere OKs B20 biodiesel blends

In Iowa, John Deere announced that its official policy on biodiesel is that B5 blends are preferred, but that B20 is acceptable if used in conjunction with an approved fuel conditioner. The company...

John Deere to integrate Renewable Identification Numbers into AGRIS business system in partnership with RINSTAR

In Georgia, John Deere announced that it would integrate the AGRIS V9 business system, used by agribusiness and biofuels plants, with the RINSTAR system for generating Renewable Identification Numbers...

US corn futures increase to $5.81 on corn planting reductions

Corn prices increased to $5.81 per bushel for the May contract, on news of reduced corn planting from US farmers. Corn planting, which increased 27 percent in 2007, was projected to decrease 8 percent...

US consumers rate energy as third most important issue, ahead of jobs, mortgages, behind Iraq, health insurance

A Peter D. Hart poll concluded that 57 percent of US consumers rate energy issues as "very serious", higher than concerns about schools, job security, the mortgage crisis or global warming, and behind...

Nebraska’s Husker Ag ethanol plant resumes production after 3-week stoppage; corn contracts restructured

In Nebraska, the Husker Ag ethanol plant in Plainview announced that it would reopen after a three week shutdown while it restructured its corn delivery contracts. The company lost $6 million through ...