A new year has dawned and with it new opportunities for the ethanol industry. In this Ethanol Report, Renewable Fuels Association (RFA) president and CEO Bob Dinneen discusses some of the upcoming events in 2016, including the 21st National Ethanol Conference in New Orleans February 15-17, and comments on whether there may yet be a legal challenge by the industry …
ADM to Develop North Carolina Ethanol Hub
Archer Daniels Midland (ADM) will develop a new ethanol hub in Selma, North Carolina. The company says the project with Kinder Morgan, Inc. and Bailey Feed Mill will be to build a new unit train rail facility and ethanol offloading system. KMI will invest in and construct the new facilities, which will be located at the Bailey Feed Mill and …
Iowa Tops 4 Billion Gallons of Ethanol in 2015
It’s been a record-breaking year for ethanol production in Iowa. The Iowa Renewable Fuels Association (IRFA) says the state’s 43 ethanol plants produced more than 4 billion gallons during 2015, up slightly from 3.9 billion gallons in 2014. Iowa continues to be the number one ethanol producing state, accounting for more than a quarter of all ethanol produced in the …
The Andersons’ Michigan Ethanol Plant to Expand
Agribusiness The Andersons is expanding its ethanol plant in Michigan. The company says the Albion, Michigan plant’s capacity is being doubled. “The supply and demand situation in Michigan relative to corn and ethanol is very favorable,” explains CEO Pat Bowe. “Advancements in farm practices and technology continue to increase the size of Michigan’s corn crop and enhance its quality. This …
China Imports Record Amount of US Ethanol
U.S. ethanol exports to China hit record numbers this year. And the U.S. Department of Agriculture (USDA) is crediting the rise to its trade mission last year that helped push overall agricultural imports to China to three times what they were just a decade ago. “Our objective for every trade mission is to create new markets for farm products made …
Carson Supports RFS through 2022
During a recent campaign stop in Iowa Republican presidential candidate Ben Carson said the promise of the Renewable Fuel Standard (RFS) needs to be kept through 2022. “(A)s far as the Renewable Fuel Standard is concerned, there were certain promises that were made that extend out until 2022. And many people, you know, invested a lot of time, energy and …
Ethanol Report Looks at 2015 in Review
2015 was another year of highs and lows for the ethanol industry. Renewable Fuels Association (RFA) president and CEO Bob Dinneen says many of the positives, such as record production and increased exports, were offset by negatives like tighter margins and trade barriers. In this Ethanol Report, Dinneen takes a look back at some of the good news and bad …
Talking Politics at National Ethanol Conference
Some world class political discussion should be expected at the National Ethanol Conference (NEC), Feb. 15-17, 2016, in New Orleans. Political experts Mike Murphy and Paul Begala will get together for a point-counterpoint luncheon discussion on the 2016 election. Mike Murphy – Political Strategist, Political Analyst for NBC News and Contributing Editor, TIME Murphy is one of the Republican Party’s …
Ethanol in Ag Economic Outlook
At the ASTA CSS 2015 and Seed Expo last week, AgResource Company president Dan Basse presented his economic outlook for agriculture during the opening general session for the fifth year in a row, and once more biofuels figured into the picture. Basse talked about a “world awash in grain” with record global wheat and soybean crops and second largest corn …
Cruz Talks Ethanol at Iowa Event
Republican presidential candidate Sen. Ted Cruz of Texas has gotten a sudden bump in the polls, showing him now leading front runner Donald Trump among committed Iowa caucus goers. On Friday, Trump criticized Cruz’s lack of support for ethanol, but on December 5 the senator appeared at the FreedomWorks Rising Tide Summit in Cedar Rapids and spoke very favorably about …