A new coalition that supports increased use of domestically produced renewable fuels says nearly three out of four Americans want renewable fuels. According to a new national poll released today by the Renewable Fuels Now Coalition, 74 percent of Americans believe we should increase our use of domestically produced renewable fuels like ethanol. In addition, 87 percent of Americans maintain …
Distillers Grains Conference Success
The first-ever International Distillers Grains Conference in Illinois earlier this week attracted nearly 600 participants, including 144 international importers and leaders in agriculture. The conference, sponsored by theU.S. Grains Council, offered participants the opportunity to acquire information pertaining to U.S. distiller’s dried grains (DDG), including inclusion rates, quality assurance, transportation issues and an introduction to U.S. DDG exporters. At the …
Only CBOT Has Corn Ethanol Futures
The Chicago Board of Trade (CBOT) is the only game in town when it comes to ethanol futures. According to Reuters, the Chicago Mercantile Exchange recently delisted its ethanol futures contract traded on the Globex electronic trading platform. CME’s corn-based ethanol contract was delisted, along with its fertilizer contracts for Urea, Urea Ammonium Nitrate and Diammonium Phosphate. There is a …
Sugarcane for the Midwest
Tropical maize could prove to be a very attractive dedicated energy crop with some very desirable characteristics, according to research being done at the University of Illinois. When University of Illinois crop scientist Fred Below began growing tropical maize, the form of corn grown in the tropics, he was looking for novel genes for the utilization of nitrogen fertilizer and …
USDA Lowers Corn for Ethanol Forecast
On Friday, the U.S. Department of Agriculture’s supply and demand forecast has lowered its estimate of how much of this year’s corn harvest the ethanol industry would use by another 100 million bushels. It was the second straight month the forecast has been reduced reflecting lower indicated plant capacity utilization and lower returns for ethanol producers due to recent declines …
Ethanol Promotion Events
Kansas flex-fuel motorists can take advantage of bargain prices while pumping up the local economy at an E85 grand opening in Manhattan, Kansas on Friday. E85 will be available for $1.85 a gallon at the Farmers Cooperative Association in Manhattan. The first 50 cars to fill up with E85 will receive an IndyCar® Series #17 Team Ethanol diecast car. Free …
“e” Marks the Spot in Illinois
Representatives from the Ethanol Promotion and Information Council (EPIC) were on hand last week to introduce the “e” brand to Illinois at an Illinois Corn Marketing Board event in the Village of Northbrook. EPIC’s Director of Operations, Robert White, says significant developments such as the Renewable Fuels Standard in the Energy Bill, higher gasoline prices and positive media coverage of …
Illinois Pump Labeling
The “e” is coming to Illinois. The Illinois Corn Marketing Board (ICMB) this week introduced a voluntary statewide brand initiative for ethanol fuel including E10 (10% ethanol-enriched fuel) and E85 (85% ethanol and 15% unleaded gasoline). According to ICMB, they are working with the Ethanol Promotion and Information Council (EPIC), the American Lung Association of Illinois and the Illinois Petroleum …
IndyCar Test Run at Iowa Speedway
The 2007 IndyCar Racing Series has concluded, but racing fans still have a chance to catch leading IndyCar Series drivers tearing around the track at Iowa Speedway. IndyCar Series officials are testing the new speedway on October 3rd and 4th and the public is welcome to catch a final glimpse of top IndyCar drivers for 2007. Top IndyCar teams, drivers, …
Play the “Stalk” Market
UseCorn.com has introduced a Virtual Stock Trading program on its website that explores the ethanol industry and other companies related to the renewable fuels market. According to Use Corn’s Dave Clark, “The program simulates actual stock trading, and the user-friendly interface is both inspiring and entertaining.” The UseCorn Virtual Stock Trading program features some of the ethanol and industry related …