The Iowa Renewable Fuels Association (IRFA) announced its new Board of Directors Officers and Executive Committee for 2013, elected during its annual meeting held on December 11, 2012. Each producer member has a seat on the Board and votes on officers. New officers will serve a one year term during the 2013 calendar year. 2013 IRFA Board of Directors Officers: …
World Corn Supply and Demand
USDA’s World Agricultural Supply and Demand Estimate (WASDE) out this week left corn stocks unchanged but lowered the season average price estimate by 20 cents to $7.40 per bushel. USDA maintained corn ending stocks in the U.S. for the marketing year at a tight 647 million bushels, which is about three weeks worth of supply. Globally, USDA slightly lowered the …
Driving Forward Speakers Announced
Speakers for the National Ethanol Conference (NEC): Driving Forward being held Feburary 5-7, 2013 in Las Vegas have been announced. The conference will kick off with the Chairman of the Renewable Fuels Association (RFA) Neill McKinstray, who is the president, Ethanol Group, The Andersons. The line-up will then feature the much anticipated State of the Industry Address from RFA President …
Just the Ethanol Facts
The National Corn Growers Association has created a simple website that offers just the facts about ethanol. The website EthanolFacts.com offers information about E15, food versus fuel, energy security, jobs in rural America and more. There is a lot of discussion about ethanol these days, and plenty of need for a look at the facts. That’s why the National Corn …
FAPRI: RIN Prices Could Be on the Rise
There could be big money in store for Renewable Identification Numbers (RINs)… or not. A new report from the Food and Agricultural Policy Research Institute at the University of Missouri (FAPRI-MU) says that the ethanol blend wall could have the biggest effect on how RIN prices rise or fall: Expanding ethanol use in the future could require more E15 and …
Ethanol Groups Respond to EU Investigation
The European Commission today issued a “general disclosure document” setting forth its proposed ruling in the anti-dumping investigation involving U.S. ethanol exports to Europe. Growth Energy and the Renewable Fuels Association (RFA) issued a joint statement on the issue: “We continue to cooperate with the Commission’s investigation. We are troubled by news that the Commission is recommending a 9.6 percent …
Austin Dillion Wins Rookie of Year Award
American Ethanol sponsored driver Austin Dillion has won the 2012 NASCAR Nationwide Series Sunoco Rookie of the Year award. The ethanol industry has congratulated him and now fans have an opportunity to congratulate Dillion during the American Ethanol live Twitter chat that he will host Monday, December 10, 2012 from 10:30 am to 11:30 am CST. Dillon was officially named …
Pacific Successfully Produces Sorghum Ethanol
Yesterday the EPA announced that grain sorghum is now an official pathway for a renewable fuel under the RFS. Currently, Pacific Ethanol has successfully produced ethanol from sorghum feedstock that was bred by Chromatin. According to Chromatin, this achievement paves the way for future opportunities to use locally grown sorghum as a versatile and resilient crop that is a more …
EPA Approves RFS Path for Grain Sorghum
The Environmental Protection Agency (EPA) has just announced it’s approval of grain sorghum as an approved pathway for a renewable fuel as part of the Renewable Fuel Standard (RFS). According to EPA, ethanol produced from grain sorghum emits 32 percent less greenhouse gas than the baseline petroleum it replaces and uses one-third less water than some other biofuel feedstocks. The EPA …
Green Plains Sells Agribusiness Assets
Green Plains Renewable Energy (GPRE) has completed the sale of 12 grain elevators located in northwestern Iowa and western Tennessee to The Andersons. The sale include approximately 32.6 million bushels of GPRE’s reported agribusiness grain storage capacity and all of its agronomy and retail petroleum operations. GPRE expects to report a pre-tax gain from this sale in the fourth quarter …