For the past five years, Enogen® corn enzyme technology has given farmers the opportunity to be enzyme suppliers for participating ethanol plants and earn a per-bushel premium, and by the end of this year, Syngenta expects total premiums paid to Enogen corn growers to top $100 million.
Syngenta made that announcement at the Commodity Classic last week. Chris Tingle, head of commercial operations for Enogen at Syngenta, says providing alpha amylase enzyme to ethanol plants as Enogen grain is helping corn growers maximize return on investment for their ethanol acres, and helping ethanol plants be more successful. “With Enogen, ethanol producers can redirect the money they previously used to buy liquid alpha amylase to local farmers instead, in the form of an up to 40-cent-per-bushel premium,” Tingle said. “This is especially significant given current commodity prices and, as these premium dollars are circulated locally, promotes the growth and stability of rural communities through a homegrown fuel that is helping to make America more energy independent.”
Syngenta is currently contracting with more than 1,700 corn growers and has marketing agreements with 31 ethanol plants across 12 states. 2018 ethanol production with Enogen corn is expected to be over 2.5 billion gallons.
Learn more in this interview: Interview with Chris Tingle, Syngenta