Tag: corn

Indian government slams Bloomberg report alleging food insecurity due to biofuels push

Indian government slams Bloomberg report alleging food insecurity due to biofuels push

October 7, 2021 |

In India, Business Today reports the central government has slammed a recent Bloomberg story that said the country’s policy shift towards crops such as rice and corn instead of wastes as before will put India’s food security at risk. It called the report “unfounded, malicious and bereft of facts”. The petroleum and natural gas ministry […]

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USDA invests $7.5M in South Dakota corn farmers for ethanol

USDA invests $7.5M in South Dakota corn farmers for ethanol

September 26, 2021 |

In Washington, D.C., the United States Department of Agriculture announced a $7.5 million investment in the American Coalition for Ethanol-led Regional Conservation Partnership Program project to secure farmers premier access to low carbon fuel standard markets based on their adoption of USDA climate-smart agricultural practices. ACE, together with RCPP partners South Dakota Corn Growers Association, […]

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EU corn crush margins fall to lowest in eight years

EU corn crush margins fall to lowest in eight years

August 4, 2021 |

In the Netherlands, Platts reports the crush margin for corn-based ethanol in Europe has fallen to the lowest level in eight years at negative EUR153 per cubic meter. Higher corn prices in major exporting countries due to adverse weather is the main driver for the ever-worsening return for EU corn ethanol producers. The frosts in […]

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ICM to design Neomille corn-based biorefinery in Mato Grosso do Sul

ICM to design Neomille corn-based biorefinery in Mato Grosso do Sul

August 3, 2021 |

In Kansas, ICM has signed an agreement with Neomille, a subsidiary of Cerradinho Bioenergia, to design a bio-refinery in the Brazilian state of Mato Grosso do Sul. Construction will take place in Maracaju, 160 kilometers southwest of the state capital. The greenfield plant will deliver a corn grinding capacity of 3,400 MT daily and produce […]

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New Energy Blue to build corn-based biorefinery in Iowa

New Energy Blue to build corn-based biorefinery in Iowa

July 20, 2021 |

In Pennsylvania, New Energy Blue announced its planned construction in Iowa of a biomass refinery designed to produce renewable carbon-negative automotive fuel, which replaces gasoline. The company is developing New Energy Freedom biomass refinery on a 155-acre site near Mason City, Iowa. 275,000 tons of crop residue (cornstalks and wheat straw) will be locally sourced, […]

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New corn-based ethanol plant under development in Romania

New corn-based ethanol plant under development in Romania

July 19, 2021 |

In Romania, the ACT news agency reports that Belgo-American New-Energy plans to invest EUR60 million in a corn-based ethanol facility in in Nadlac, near Arad. The proposed facility would use 340,000 metric tons of corn from local farmers during the first phase of production. Hungarian company EuroMediu will build the new plant starting next spring. […]

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New app helps make grain and ethanol conversions

New app helps make grain and ethanol conversions

June 13, 2021 |

In Washington, D.C., the U.S. Grains Council’s new and improved, free grains and ethanol conversion calculator app helps customers and members quickly and conveniently convert grain data between English and metric units. The app – called the “USGC Conversion Calculator” – provides conversions for U.S. barley, corn, sorghum and related products, including distiller’s dried grains […]

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Ethanol traders wary of getting burnt in volatile corn market

Ethanol traders wary of getting burnt in volatile corn market

June 3, 2021 |

In Illinois, Platts reports ethanol traders have been keeping to the sidelines of the corn market, buying only small lots as and when necessary, in an attempt to not get burned as corn’s volatility continues on the Chicago Board of Trade as crop predictions call for smaller and then larger volumes. On Wednesday, corn futures […]

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April corn use for ethanol slightly lower than March

April corn use for ethanol slightly lower than March

June 1, 2021 |

In Washington, Brownfield Ag News reports that US Department of Agriculture data shows corn used for ethanol in April was 2% lower than in March at 410.017 million bushels, but the figure is 67% higher than in April 2020 when the COVID-19 pandemic first started impacting fuel markets. Similarly, DDGS production was about on part […]

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U.S. corn planting progress ahead of 5-year average for 2021 crop

U.S. corn planting progress ahead of 5-year average for 2021 crop

May 16, 2021 |

In Washington, D.C., the U.S. Grains Council checked in with corn checkoff organizations and U.S. farmers around the country to get a read on the collective planting progress being made with the U.S. corn crop at the beginning of the 2021 growing season. As of May 9, collective corn planting progress exceeded the five-year average […]

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