Corn prices are down, and the future of ethanol seems to hinge upon what the government does on the Renewable Fuels Standard (RFS). A new report from the Food and Agricultural Policy Research Institute (FAPRI) at the University of Missouri shows that there have been sharp declines in the price for grains and oilseeds used to make ethanol and biodiesel. …
American Ethanol a Winner for Corn Growers
The American Ethanol NASCAR program is in its fourth year now and the National Corn Growers Association (NCGA) considers it to be a big success. NCGA incoming Vice President Rob Elliott of Illinois says American Ethanol began its partnership with NASCAR in 2011 supporting the transition to 15% ethanol. “NASCAR in its three levels has run over six million miles …
Corn Farmers Concerned About RFS and Low Prices
Corn farmers are concerned about the impact lower volume requirements under the Renewable Fuel Standard (RFS) could have on growers ready to harvest a record corn crop this year. “We’re keeping a close eye on corn prices and are greatly concerned about efforts in Washington that may reduce or stifle demand for corn and raise the cost of production,” said …
DF Cast: Ethanol Innovators Talk New Tech at ACE Conf.
Any manufacturer is looking to get more out of their operations, and it’s certainly no different for biofuel makers. In this edition of the Domestic Fuel Cast, we hear from four innovators who talked about their operations and how they are on the cutting edge of biofuel producing technologies during the recent at the American Coalition for Ethanol conference. Among …
Iowa Lawmakers Recognized for Renewable Fuel Support
Sixteen state lawmakers in Iowa are being recognized for their support of renewable fuels, such as biodiesel and ethanol. The Iowa Renewable Fuels Association (IRFA) PAC announced the 16 recipients of its “Champion of Renewable Fuels” awards for state legislators, recognizing their voting records and leadership in support of the green fuels. “The IRFA PAC is proud to support these …
Iowa Gov Blames EPA for Deere Layoffs
Iowa Governor Terry Branstad paid a visit to the 2014 Farm Progress Show Tuesday and had some harsh words for the Environmental Protection Agency, which just last week sent a final version of the 2014 volume requirements under the Renewable Fuel Standard to the White House for review. He blames uncertainty created by the proposed rule for the recent layoffs …
RFS Headed to OMB for Review
The Environmental Protection Agency has sent its final rule on 2014 volume obligations under the Renewable Fuel Standard (RFS) to the White House Office of Management and Budget for review in a last step before public release. Renewable fuels groups responded to the news today. “We’re pleased to see the process moving forward and hope the final rule will show …
USGC Lists Top 10 Markets for US Ethanol
The U.S. Grains Council (USGC) has compiled its top 10 list of potential U.S. ethanol markets for the upcoming 2014/2015 market year, starting September 1. While Brazil and Canada remain the top two, the Council is assessing Japan and Korea, Latin America and Southeast Asia as potential markets for U.S. ethanol exports. In the number three spot, USGC believes Japan …
Economist Still Opposes RFS Despite Livestock Recovery
Despite the fact that livestock margins have made a dramatic recovery in the past few years as availability of feed has increased and prices have decreased, a leading livestock economist still opposes the Renewable Fuel Standard (RFS). “We’ve thrown billions of dollars at this industry already and it ought to have to stand on its own,” said Steve Meyer, Paragon …
USDA Predicts Record Corn Crop
U.S. farmers are expected to produce more corn than last year, according to the latest USDA report out today. The August Crop Production report finds that good growing conditions are expected to help growers bring in a record-high crop at 14.0 billion bushels of corn, up 1 percent from 2013 which was also a record at the time. Yields are …