As part of a series on “Making it in Michgan” the Associated Press did a report on the state’s campaign to become the nation’s leader in alternative fuels. LANSING, Mich. (AP) – Gov. Jennifer Granholm laid it on the line for the members of the Michigan Renewable Fuels Commission. “We want to be the state that shows the nation how …
Ethanol Factor in Planting Decisions
High corn prices driven by increased demand for ethanol are causing farmers of various commodities to seriously consider switching crops for 2007. Farm Futures reports that Nebraska farmers are considering planting corn in place of wheat they’ve already sowed. With wheat futures high, University of Nebraska-Lincoln Extension cropping systems specialist Bob Klein says Nebraska producers planted probably 15% more wheat …
The Good, the Bad, and the Indy
Politicians, celebrities, race car drivers and investors all helped to make 2006 a year to remember for biofuels. Here’s just a few of the top stories on DomesticFuel this year.
Biofuels Top Ag Stories For 2006
The dramatic growth in biofuels made from crops is the runaway favorite for the year’s top stories in agriculture. “Emergence of biofuels as a factor in the farm economy really came out in 2006,” says USDA chief economist Keith Collins in a USDA Radio News report. “As that became realised in the second half of 2006 we saw commodity markets …
Ethanol Wins New Lottery Game
The newest scratch ticket lottery game in Kansas is offering an E85 vehicle as a grand prize, according to a release from the Kansas Lottery. The new Truck & Bucks game was developed by the Lottery, in partnership with the 3i Show and the GMC Division of General Motors. Players will have a chance to win a 2007 GMC Sierra …
Idaho to Consider Biofuel Incentives
The Idaho Legislature will be considering proposals in the coming new year to make ethanol and biodiesel more attractive to distributors in that state. Here’s the beginning of a very good article from Bonner County Daily Bee reporter Lucy Dukes about the biofuels climate in Coeur d’Alene, Idaho. COEUR d’ALENE — Cindy James would consider using an ethanol-blended fuel if …
Biofuels Make Very Good Year For ADM
2007 has been a pretty good year for Archer Daniels Midland Company, with investors looking at gains of over 30 percent thanks in a large part to increased demand for ethanol. ADM earnings skyrocketed this year, according to an AP report, more than doubling in its fiscal first quarter ended Sept. 30 to easily beat Wall Street estimates. In the …
Iowa’s Ethanol Production Soaring
By the end of the year, Iowa will have produced a record 1.5 billion gallons of ethanol, more than one quarter of all the ethanol produced in the nation this year. According to the Iowa Renewable Fuels Association, Iowa ethanol plants will produce 36 percent more ethanol than last year’s 1.1 billion gallons. With 26 biorefinies in operation, Iowa already …
Florida Ethanol Plant Falls Through
One of two Florida ethanol plants planned by U.S. EnviroFuels is not going to happen now. The company had run into issues earlier this year in negotiating a lease agreement to construct a 40 million gallon a year plant at Port Manatee. Company officials say because those issues could not be resolved, they are cancelling plans for the plant. However, …
Electronics Company Invests in Ethanol
Electronics retailer REX Stores Corporation of Dayton, Ohio has invested $14 million in Millennium Ethanol to build an ethanol producing facility in Marion, South Dakota. Fagen, Inc. of Granite Falls, Minnesota is providing design, engineering, procurement and construction services for the plant. The plant is expected to begin ethanol production in early 2008 and will have a design capacity of …