USDA’s World Agricultural Supply and Demand Estimate (WASDE) out this week left corn stocks unchanged but lowered the season average price estimate by 20 cents to $7.40 per bushel. USDA maintained corn ending stocks in the U.S. for the marketing year at a tight 647 million bushels, which is about three weeks worth of supply. Globally, USDA slightly lowered the …
GROWMARK and FS Brighten the Holidays
Dashing through the fields comes GROWMARK and the FS member cooperatives with a load of fuel to make your holiday season warm and bright!
Just the Ethanol Facts
The National Corn Growers Association has created a simple website that offers just the facts about ethanol. The website EthanolFacts.com offers information about E15, food versus fuel, energy security, jobs in rural America and more. There is a lot of discussion about ethanol these days, and plenty of need for a look at the facts. That’s why the National Corn …
Ethanol Groups Respond to EU Investigation
The European Commission today issued a “general disclosure document” setting forth its proposed ruling in the anti-dumping investigation involving U.S. ethanol exports to Europe. Growth Energy and the Renewable Fuels Association (RFA) issued a joint statement on the issue: “We continue to cooperate with the Commission’s investigation. We are troubled by news that the Commission is recommending a 9.6 percent …
Car Clinic Host Baffled by AAA Ethanol Attitude
Automotive service expert Bobby Likis nearly blew a gasket when he saw today that the AAA is calling for the sale of 15% ethanol blended fuel (E15) to be suspended “to protect motorists” from damaging their engines. “To state that ethanol damages engines is a disservice to consumers…specifically to AAA members,” said Likis, who is the host of the syndicated …
Ft. Dodge Terminal Great for GROWMARK Energy
GROWMARK has made several changes since purchasing the Fort Dodge Fuel Terminal in Duncombe, Iowa two years ago – and the cooperative company continues to grow the facility which was originally built more than 40 years ago. “GROWMARK has made a lot of improvements to get a good quality system where customers can depend on it to come and get …
Senate Approves Military Biofuels Use
The U.S. Senate has repealed a provision in the defense department budget that would have prevented the military from developing the use of biofuel alternatives. A coalition of organizations representing military biofuels supporters welcomed the news that will allow the Department of Defense “to continue research and testing of fuels that provide U.S. forces with enhanced military capability.” The Senate …
Restaurant Owners Join Fight Against RFS
The National Council of Chain Restaurants today joined the fight against the Renewable Fuel Standard (RFS) with the release of a new report on its impact on the chain restaurant industry, commodity prices and the food supply chain. The study, which was conducted by PwC, “concluded that the RFS mandate could cost chain restaurants up to $3.2 billion annually, with …
Ethanol Groups Not Surprised by Attack on RFS
The ethanol industry is categorizing the latest attack on the Renewable Fuel Standard (RFS) by the American Petroleum Institute (API) as more of the same. In response to API’s call this morning to eliminate the RFS “because it is not working well and because it will force higher concentrations of ethanol in gasoline that could harm vehicles,” Growth Energy CEO …
Sweet Thanksgiving Wishes to All
Of the many foods we have to be thankful for in this nation, I’ll bet there are lots of people who are thankful every day for the gift of chocolate! Oh yeah! This is an image of our sweet Thanksgiving greetings sent this year to some of our clients. Hopefully most received them before leaving for the holiday, but if …