Officials with the Renewable Fuels Association (RFA) say if the EPA grants a waiver to the Renewable Fuels Standard (RFS), it would not bring the hoped-for reduction in feed prices for livestock producers and lower prices for consumers at the grocery stores. The calls for the waiver grew louder after last Friday’s USDA crop report showed a 13 percent reduction …
Farm Foundation to Discuss RFS Waiver
As I mentioned in the previous post, talk about waiving the Renewable Fuels Standard for ethanol continues on. This time, our friends from the Farm Foundation will be hosting a web conference, Thursday, August 16, 2012 at 10 a.m. CDT. Three Purdue University economists will take part in the free conference, discussing the impact of waiving the RFS, especially in …
RFA to Hold Webinar on Corn Crop, Ethanol & RFS
A lot of talk over the weekend, as the USDA put out its crop report with the expected 13 percent drop in corn production due to the drought. The folks at the Renewable Fuels Association hope to give some clarity to the situation tomorrow morning (August 14th) when they host a webinar talking about the relationship between the crop, ethanol …
Corn Growers Remain Optimistic
Corn growers remain optimistic about the future, despite this year’s drought-devastated crop. “It could all change tomorrow,” was the theme of National Corn Growers Association (NCGA) CEO Rick Tolman’s talk at the American Coalition for Ethanol conference in Omaha on Friday, just hours after the USDA released a new crop forecast showing a 13% drop in corn production this year …
RFA Puts USDA Crop Report in Context
Renewable Fuels Association Vice President of Research and Analysis Geoff Cooper put together an analysis of today’s USDA crop supply report on the RFA E-xchange Blog to put the report into perspective from both a historical context as well as a global production context, answering calls from some international voices to end global biofuel production. “As expected, this morning’s supply-demand …
Setting the Record Straight On Drought & RFS
The National Corn Growers Association (NCGA) is setting the record straight on the truth behind what would happen if the Environmental Protection Agency (EPA) allowed a waiver of the Renewable Fuels Standard (RFS2). Garry Niemeyer, NCGA president sent a letter to every member of the House of Representatives along with EPA Administrator Lisa Jackson, that included corrects inaccuracies. “Unfortunately, the …
Ethanol Producers: Report Doesn’t Justify RFS Waiver
Today’s USDA crop report shows the nation’s corn crop will be down 13 percent from last year’s numbers. But the country’s ethanol producers say that should not justify any waiving of the Renewable Fuels Standard. Both the Renewable Fuels Association and Growth Energy put out statements this morning right after the report came out, and the RFA says we already …
Corn & Soybeans Down in USDA Report
The drought is certainly taking its toll on row crops, and that could be trouble for the nation’s biodiesel and ethanol makers. The latest USDA crop report out this morning shows that the corn harvest this year will be down 13 percent from last year’s numbers, with soybeans expected to be 12 percent lower than 2011. Corn production is forecast …
10 Ways Ethanol is Helping Livestock Producers
Despite the lack of rain that is occurring across the U.S. this summer, the Iowa Renewable Fuels Association (IFRA) has released a list of 10 ways ethanol producers are helping livestock farmers during the drought. IRFA says that although the drought is having a profound impact on crop production, because of ethanol production, there is larger corn crop and more …
Ethanol Producers Adapt to Drought, Corn Prices
Nebraska ethanol producers are responding to a tough market. With excessive drought conditions and nearly record high corn prices, ethanol producers have decreased their consumption in recent weeks. Latest estimates show the state’s ethanol plants operating at approximately 70 percent of capacity. This is a significant drop from 2011 when plants were running at 100 percent. In 2012, Nebraska ethanol …