Some weather issues over the past month caused USDA to slightly lower the forecast for this year’s corn crop, but it is still expected to be a record at 13.16 billion bushels. The average yield was lowered due to average 162.5 bushels per acre, down 2.5 bushels from the previous month and 2.2 bushels below last year’s record of 164.7 …
Ethanol Co-Product Exports Climbing
Distillers grains exports are hitting new highs. Exports of the ethanol co-product distillers dried grains with solubles (DDGS) hit a new record in July of 886,300 metric tons – which is more than was exported in the entire year in 2004. Total exports this year so far are 4.95 million metric tons, getting close to the total last year of …
Ethanol Industry Urges DOE to Fix Loan Program
Ethanol and other renewable energy industry groups are urging the Secretary of Energy to fix the Department of Energy’s Renewable Energy Loan Guarantee Program (LGP) and keep Congress from raiding it for other projects. Growth Energy, along with the Renewable Fuels Association and six other organizations, sent a letter to DOE Secretary Steven Chu urging him to restore billions in …
Green Energy Expo in Wisconsin
Didion Ethanol in Cambria, Wisconsin is hosting a Green Energy Expo next week. The event is open to the public to highlight ways to reduce energy and recycle at home and on the farm, and to learn about ethanol and the future of alternative fuels. There will be exhibitor booths, tours of Didion Ethanol and panel discussions on a variety …
Ethanol Co-Product Hitting “Feed Wall”
We hear a lot about the blend wall for ethanol in the United States market, but there’s also a wall that the ethanol co-product Dried Distillers Grains (DDGS) in hitting with the livestock industry. “We’ve already run into a feed wall,” says Renewable Fuels Association (RFA) President and CEO Bob Dinneen. “While domestic markets for DDGS continue to expand, quite …
Help Gulf Coast Move Beyond Oil
A Florida company is trying to win a $250,000 grant from Pepsi to bring alternative fuels to the Gulf Coast region. Pura-Vida-Ventures is an independent company based in Sarasota that has a proposal in to Pepsi for a share in $1.3 million they are offering to fund ideas that “refresh the Gulf.” Their concept is to convert a closed gas …
BP Closes Sale on Verenium Cellulosic Business
BP Biofuels is now the official proud owner of Verenium’s cellulosic biofuels business. The companies announced the closing today of the $98.3 million transaction announced on July 15, 2010. Under the sale, BP acquires the Jennings, LA biofuel pilot plant and the demonstration facility, as well as the San Diego R&D facilities. BP also receives Vereniums cellulosic biofuels and enzyme …
Ethanol E-Xchange Blog Offers RFA Commentary
The Renewable Fuels Association (RFA) recently debuted a new blog on their website that offers commentary from RFA staffers on various topics. The E-Xchange Blog debuted earlier this summer and the staff have proven to be quite prolific in their posting. We are going to start featuring posts from the blog as a regular feature here on Domestic Fuel. Speculators …
Growth Energy Talks Ethanol With Iowa Ag Secretary
It was the “Bill and Tom Show” at the 2010 Farm Progress Show on Wednesday as Growth Energy hosted a discussion about ethanol between CEO Tom Buis and Iowa Agriculture Secretary Bill Northey held a panel discussion to talk about Growth Energy’s Fueling Freedom Plan, the upcoming energy bill and EPA’s pending decision on the E15 waiver. Both Buis and …