In the August Crop Production report released today, USDA’s National Agricultural Statistics Service (NASS) revised planted acres downwards, while at the same time increasing corn production to 13.9 billion bushels and raising the average national yield by more than 3 bushels to 169.5 bushels an acre in the latest World Agricultural Supply and Demand (WASDE) report. NASS noted that survey …
REG Reports 2019 Q2 Financial Results
Renewable Energy Group, Inc. (REG) announced a net loss for the second quarter ended June 30, 2019. Revenues for the second quarter were $560.6 million on 197.4 million gallons of fuel sold. Net loss from continuing operations attributable to common stockholders was $57.6 million in the second quarter of 2019, compared to net income from continuing operations attributable to common …
Educating #SturgisRally Bikers about E10 Once Again
From the Ag Media Summit and IFAJ Congress to the Sturgis Rally at the Sturgis Buffalo Chip. There is quite a difference in the local flora and fauna if you know what I mean. Here’s the Renewable Fuels Association team with Rusty Wallace of racing fame and Rod Woodruff, owner of the Buffalo Chip. We’ll be doing on-stage promotions and …
USDA Officials Provide Details of Support Package for Farmers
U.S. Secretary of Agriculture Sonny Perdue and other agency officials today announced further details of the $16 billion package “aimed at supporting American agricultural producers while the Administration continues to work on free, fair, and reciprocal trade deals.” In May, President Trump directed Secretary Perdue to craft a relief strategy in line with the estimated impacts of unjustified retaliatory tariffs …
ZimmCast 621 – Ag Media Summit/IFAJ Congress Preview
This week we have a preview of the upcoming 2019 Ag Media Summit and International Federation of Agricultural Journalists Congress in Minneapolis/Bloomington, Minnesota. This is the largest gathering of agriculture’s top writers, editors, photographers, publishers and communication specialists in the U.S. This year’s dates are July 26-31 for the Congress with AMS overlapping on July 27-31. The last time the …
Corn Growers Continue Call for #NoMoreWaivers
The National Corn Growers Association (NCGA) is continuing to call on the Environmental Protection Agency (EPA) to follow President Trump’s commitment to farmers and stop giving Renewable Fuel Standard (RFS) waivers to big oil companies. NCGA is re-running a television ad that first aired last month after President Trump visited an Iowa ethanol plant and heard from NCGA first vice …
USDA Corn Acreage Report Surprises
With all the weather-related planting delays we’ve had, USDA’s Acreage report out Friday was a big surprise to the trade with corn acres estimated to be three percent higher than last year. At the same time, soybean acres are estimated to be the lowest in six years. Corn planted area for all purposes in 2019 is estimated at 91.7 million …
Renewable Fuels Association Features E85 Can-Am Conversion
During the Fuel Ethanol Workshop (FEW) this year the Renewable Fuels Association featured a racing Can-Am X3 (2018 model) which has been converted to running on E85. This beautiful vehicle wrapped with the RFA’s “Fueled With Pride” image, has been racing this season. The extra horsepower provided by the E85 fuel has provided a performance boost as you’ll hear RFA’s …
ZimmCast 619 – President Trump’s Visit to Ethanol Plant
In this week’s program you will hear from industry attendees to President Trump’s visit to Southwest Iowa Renewable Energy (SIRE) in Council Bluffs, IA. Included in the program are: Mike Jerke, CEO, SIRE Craig Floss, President/CEO, Iowa Corn Growers Mike Naig, Iowa Secretary of Agriculture Kevin Ross, farmer and 1st VP, NCGA Monte Shaw, Executive Director, IRFA Geoff Cooper, President/CEO, …
USDA Picks Kansas City as New Home for ERS, NIFA
The Kansas City area will be the new home for the U.S. Department of Agriculture’s (USDA) Economic Research Service (ERS) and National Institute of Food and Agriculture (NIFA), according to U.S. Secretary of Agriculture Sonny Perdue. “Following a rigorous site selection process, the Kansas City Region provides a win win – maximizing our mission function by putting taxpayer savings into …