There’s more corn in the bins than there was a year ago at this time. USDA’s newest Grain Stocks report shows 1.24 billion bushels of old crop corn in all positions as of September 1, up 50 percent from the same time last year. Of the total stocks, 462 million bushels of corn were stored on farms and 774 million …
Iowa GOP Makes Biodiesel Campaign Stop
Iowa biodiesel producers and soybean farmers hosted Governor Terry Branstad, Lt. Governor Kim Reynolds and U.S. Senate candidate Joni Ernst at the REG Newton biodiesel plant last week. Industry representatives also had a private meeting with Ernst where Iowa Biodiesel Board executive director Grant Kimberley said they discussed the pending federal Renewable Fuel Standard (RFS) decision from EPA. “Our industry …
Ethanol Report on 2014 Export Exchange
Coming up October 20-22 is the 2014 Export Exchange sponsored by the Renewable Fuels Association (RFA) and the U.S. Grains Council (USGC) to bring international coarse grain buyers and U.S. suppliers together, with a particular focus on the ethanol co-product distillers dried grains with solubles – better known as DDGS or distillers feed. This edition of the Ethanol Report features …
Badger State Ethanol Hosts Foreign Ag Guests
Badger State Ethanol in Monroe, Wisconsin had the honor of hosting the 2014 Foreign Agricultural Attaché Tour this week. The group is part of the USDA’s Foreign Agriculture Service and is made up of 26 representatives from more than a dozen countries including Japan, Korea, Malaysia, Spain, Switzerland, Finland, France, Angola, Canada, Germany, Mexico, Philippines, New Zealand, Nigeria, Ghana, United …
Cellulosic Making Progress Despite Uncertainty
Advanced and cellulosic biofuels producers continue to press the administration for certainty in the Renewable Fuel Standard (RFS) to continue making investments for future expansion. “Today we’re at the start, like oil was 160 years ago, or corn ethanol was four years ago, said Steve Hartig with POET-DSM Advanced Biofuels during a teleconference organized by the Biotechnology Industry Organization (BIO) …
Administration Offers New Renewable Initiatives
As USDA announced the investment $68 million in 540 new renewable energy and energy efficiency projects nationwide today, the White House offered new administrative actions to advance solar deployment and promote energy efficiency. Secretary of Agriculture Tom Vilsack made the USDA announcement while in North Carolina to highlight USDA’s investments in rural renewable energy projects being funded through USDA Rural …
Iowa RFA Ad Challenges Biden on RFS
The Iowa Renewable Fuels Association (IRFA) took out a full page ad in today’s Des Moines Register to ask Vice President Joe Biden to set the record straight on reports that he may have intervened to reverse the Obama Administration’s previous support for the Renewable Fuel Standard (RFS). With the headline “Say it ain’t so, Joe” the ad questions the …
DuPont Chooses Murex to Market Cellulosic Ethanol
DuPont Industrial Biosciences (DuPont) has selected Murex LLC to market the cellulosic ethanol produced from its 30-million-gallon-per-year plant in Nevada, Iowa. Upon completion, the facility will be the largest cellulosic ethanol plant in the world. “Murex is a leading marketer in today’s ethanol market. Its team understands domestic and international ethanol dynamics and can hit the ground running to drive …
Senate Committee Considers Energy Tax Reform
The Senate Finance Committee held a hearing today on Reforming America’s Outdated Energy Tax Code, led by chairman Ron Wyden (D-OR). “It’s past time to replace today’s crazy quilt of more than 40 energy tax incentives with a modern, technology-neutral approach,” said Wyden at the start of the hearing, adding that the disparity in how the tax code treats energy …
Big Corn Crop Getting Bigger
USDA has increased its estimate of the corn crop again this month, building on already forecast record highs. Corn production is forecast at 14.4 billion bushels, up 3 percent from both the August forecast and from 2013 and yields are expected to average 171.7 bushels per acre, almost 13 bushels an acre higher than last year. “It will be the …