The National Corn Growers Association (NCGA) is keeping corn growers updated about the status of pending contracts with the bankrupt ethanol producer VeraSun. Attorneys for NCGA say that VeraSun generally seems to be handling grower contracts based on the original ownership of the ethanol facilities, but growers need to check with the plants directly to determine what arrangements can be …
Comments Sought on Ethanol Specific Corn
The U.S. Department of Agriculture is seeking comments on a petition to deregulate corn that has been genetically engineered to produce a microbial enzyme that facilitates ethanol production. USDA’s Animal Plant Health Inspection Service (APHIS) has regulated the corn, developed by Syngenta, since 2002. If approved, the petition would allow the corn, which goes by the name Event 3272, to …
USDA Lowers Corn Usage for Ethanol
The latest World Agricultural Supply and Demand Estimate (WASDE) from USDA projects less corn being used for ethanol this year. According to the report released this morning, ethanol use for corn was lowered by 300 million bushels lower “as prospects for blending above federally mandated levels decline.” Financial problems for ethanol producers are reducing plant capacity utilization for existing plants …
Court Rules VeraSun Can Reject Corn Contracts
Corn growers were happy to have their day in U.S. Bankruptcy Court Tuesday for VeraSun Energy Corporation but the outcome was not favorable. As expected, bankruptcy law and the ruling will allow VeraSun to reject any contracts that are economically disadvantageous to VeraSun, including corn growers’ contracts. According to National Corn Growers Association (NCGA) Chairman Ron Litterer of Iowa, they …
Indy Ethanol Fallout
Several different groups are pressuring the Indy Racing League to rethink its decision to partner with Brazil for ethanol to fuel the Indy Car Series. Among them is a conservative, free market group called American Future Fund (AFF) which launched a radio ad which urging Hoosiers and others to call the IRL and tell them to continue using American ethanol …
Corn Growers Unhappy With VeraSun Contracts
Thousands of corn growers from across the Midwest could potentially have their contracts with ethanol producer VeraSun rejected, including the chairman of the National Corn Growers Association (NCGA). NCGA chairman Ron Litterer of Iowa and others have filed a formal objection with the U.S. Bankruptcy Court in Delaware regarding the proposed disposition of corn contracts by VeraSun Energy Corporation, which …
This Farmer Likes Idea of Corn Cob Ethanol
When you’re attending a farm event it’s always nice to get a farmer’s perspective on things. That’s what I did at the POET Project LIBERTY field day when I spoke with Todd Mathisen who farms just east of Emmetsburg, IA. I asked him what he thought of POET’s idea to harvest corn cobs for cellulosic ethanol production. He said, “I …