Yield10 Bioscience Renames Canadian Subsidiary

Cindy Zimmerman

Yield10 Bioscience, Inc. (Nasdaq:YTEN), an agricultural bioscience company, today announced a name change for its Canadian subsidiary to Yield10 Oilseeds Inc. from Metabolix Oilseeds. Yield10 Bioscience is focused on innovation in oilseed crops to develop crop-based solutions to address global food security, climate change and plastic waste in the environment.

Yield10 Oilseeds was founded in 2010 and is based in Saskatoon, a city in the Saskatchewan province of Canada. This site, consisting of R&D labs and commercial greenhouse space, serves as Yield10 Bioscience’s Oilseeds Center of Excellence. Yield10 Oilseeds in Saskatoon is primarily responsible for the development and field testing of new commercial varieties of Camelina incorporating input traits such as herbicide tolerance, performance traits such as high oil content and new seed product traits such as PHA Bioplastics.

“By rebranding our Canadian subsidiary to Yield10 Oilseeds Inc. we are unifying our business under the Yield10 brand,” said Oliver Peoples, Ph.D., Chief Executive Officer of Yield10 Bioscience. “We are taking this step now as we are placing an emphasis within our business on grower outreach and engagement to begin ramping up Camelina acres for the production of feedstock oil targeting the biofuels market and protein meal for animal feed. As we move forward, the Yield10 Oilseeds brand will signify our commitment to innovation and excellence in oilseed crops as we bring our elite Camelina varieties to market.”

biofuels, feedstocks

Michigan Soybean Launches Advanced Biofuels Coalition

Cindy Zimmerman

The Michigan Soybean Committee has announced the formation of the Michigan Advanced Biofuels Coalition (MiABC) to promote the use of advanced biofuels, including biodiesel, renewable diesel and sustainable aviation fuel (SAF).

“MiABC provides education, technical expertise and other resources to help public and private fleets take full advantage of the many benefits of advanced biofuels,” says Janna Fritz, chief executive officer of the Michigan Soybean Committee. Funding for MiABC comes from Michigan farmers through the soybean checkoff program.

Including the Michigan Soybean Committee and Michigan Soybean Association, twelve organizations are initial stakeholders in MiABC.

advanced biofuels, aviation biofuels, Biodiesel, Soybean, Soybeans, Sustainability, transportation

Dodge Reportedly Working on E85 Challenger

Cindy Zimmerman

Rumor has it that Dodge is developing a new Challenger that runs on 85% ethanol and could be a contender for the most powerful muscle car of the internal combustion era.

Dodge started a campaign last November called “Never Lift” that is unveiling new versions of the Challenger through next year, leading up to the launch of its first all-electric muscle car. As each new announcement is made, a garage door opens on the 24 Months of Muscle calendar, each door having an icon on it to tease what’s coming next. The next two closed doors feature a pair of hands and a tire swing, and after than is a moonshine jug, a good hint that it might have something to do with ethanol.

The rumor is causing some excitement among gear heads because it could result in the most powerful muscle car ever, more powerful than the 840-horsepower 2018 Challenger SRT Demon which was engineered to be able to run on a mix of 100+ octane and premium unleaded fuels. Insiders anticipate the engine could push upwards of 850 hp and the car will be a limited-edition Challenger SRT Hellcat Redeye Widebody.

Car Makers, E85, Ethanol, Ethanol News

USGC CEO to Keynote ACE Conference

Cindy Zimmerman

The American Coalition for Ethanol (ACE) welcomes Ryan LeGrand, President and CEO of the U.S. Grains Council (USGC), as a keynote speaker during its 35th annual conference taking place August 10-12 at the Omaha Marriott Downtown at the Capitol District.

LeGrand joined the Council in 2015, first serving as the director of the USGC’s Mexico City office. In this capacity, he oversaw the expansion of the USGC’s programming in that country to include ethanol promotion and worked to steady relations during the negotiations of the U.S.-Mexico-Canada Agreement (USMCA).

“Export markets and trade policy are always important topics, particularly given global market disruptions over the past two years, so we’re pleased to have LeGrand join us to provide an update and answer questions for farmers, ethanol producers, and other conference attendees about the opportunities and challenges to increase ethanol and coproduct markets around the world,” said Ron Lamberty, ACE Chief Marketing Officer. “Ryan joined us at our conference in Omaha back in 2019 shortly after he took the reins at USGC, and we look forward to hearing his perspective once again after navigating a few very challenging years in this leadership role.”

LeGrand’s trade keynote address will take place during the August 12 morning general session. More event and agenda details are available at ethanol.org/events/conference.

ACE, ACE Ethanol Conference, Ethanol, Ethanol News, Exports, USGC

Corn Planted Acres Down Four Percent

Cindy Zimmerman

Acres planted to corn are lower compared to last year while soybean acreage is a little higher, according to the Acreage report from USDA‘s National Agricultural Statistics Service (NASS).

USDA estimates 89.9 million acres of corn planted in the United States for 2022, down 4% from last year. Soybean area planted is estimated at 88.3 million acres, up 1% from last year. NASS surveyed approximately 9,100 segments of land and more than 64,000 farm operators during the first two weeks of June to gather information on what farmers actually planted.

NASS also released the quarterly Grain Stocks report to provide estimates of on-farm and off-farm stocks as of June 1. Corn stocks totaled 4.35 billion bushels, up 6% from the same time last year. On-farm corn stocks were up 22% from a year ago, but off-farm stocks were down 6%. Soybeans stored totaled 971 million bushels, up 26% from June 1, 2021. On-farm soybean stocks were up 51% from a year ago, while off-farm stocks were up 17%.

corn, Soybeans, USDA

Canada Finalizes Clean Fuel Regulations

Cindy Zimmerman

Final Clean Fuel Regulations were announced this week by the government of Canada and welcomed by the U.S. ethanol industry.

In combination with the Government of Canada’s $1.5 billion Clean Fuels Fund, the CFR will create incentives for the increased domestic production of low-carbon-intensity fuels (such as ethanol). This will create economic opportunities for biofuel feedstock providers, such as farmers and foresters. It will also help Canadian fuel producers to compete in the rapidly expanding global market for clean energy.

The Renewable Fuels Association, Growth Energy and the U.S. Grains Council welcomed the regulations, which are designed to reduce the lifecycle carbon intensity of fuel and energy used in Canada and achieve more than 20 million tons of annual reductions in greenhouse gas emissions by 2030 and include an average of 15 percent ethanol (E15) in gasoline by 2030.

“We applaud Canada for finalizing its Clean Fuel Regulations and leading the globe in putting a plan in place to slash greenhouse gas emissions from the transportation sector through higher blends of biofuels,” the organizations said. “The Clean Fuel Regulations set Canada on a path toward better air quality, energy security, and carbon mitigation, all supported by rural communities, by setting the achievable goals of reducing more than 20 million tons of greenhouse gas emissions through a move to 15 percent ethanol in all gasoline by 2030. The Clean Fuel Regulations stand as testimony to the powerful impact biofuels can and will have for Canada’s transportation future.”

Ethanol, Ethanol News, Government, Grains, Growth Energy, International, Renewable Fuels Association, RFA, Trade

RFA Applauds Sheetz for Ethanol Education

Cindy Zimmerman

The Renewable Fuels Association thanks fuel retailer Sheetz for slashing prices on higher ethanol blends for a full week ahead of the Independence Day weekend and providing the opportunity for much needed ethanol education.

Sheetz is offering E15 for $3.99 per gallon and E85 for $3.49 at all of their 350-plus stations that sell the fuels, which cover multiple states. The national average price for regular gasoline yesterday was $4.87 per gallon, according to AAA. RFA also released a new Frequently Asked Questions (FAQ) document today, aimed at answering the most common consumer questions about E15 and dispelling prevalent myths about the fuel.

“At a time when American families are feeling unprecedented pain at the pump, we applaud Sheetz for this innovative effort to demonstrate and promote ethanol’s enormous cost-saving benefits,” said RFA President and CEO Geoff Cooper. “In recent months, ethanol has been selling for $1-1.50 per gallon less than gasoline at wholesale terminals where fuel is blended.”

Cooper also noted that the Sheetz promotion happens to coincide with the 10th anniversary of the first gallon of E15 being sold, at a retail station in Lawrence, Kansas. “Today, there are roughly 2,600 stations across the country selling E15 and more than 5,500 stations selling flex fuels like E85, with new stations being added on an almost daily basis,” said Cooper. “This Fourth of July, we encourage all Americans to declare their independence from dirty foreign oil by choosing homegrown, lower-cost ethanol blends like E15 and E85.”

E15, E85, Ethanol, Ethanol News

Sheetz Offers Ethanol Blend Savings Through Holiday

Cindy Zimmerman

Pennsylvania-based restaurant and convenience chain Sheetz is making national news this week for selling higher ethanol blends at a discount for the Independence Day holiday weekend.

The chain announced Monday it was helping to reduce pain at the pump for consumers by reducing the price of fuel to $3.99 a gallon for Unleaded 88, or E15, and $3.49 a gallon for E85 through the July 4th holiday travel season and the story has gone nationwide. CEO Travis Sheetz has been on local TV stations and national news networks, explaining what Unleaded 88 and E85 are and what type of vehicles can use them.

The company operates over 640 store locations throughout Pennsylvania, West Virginia, Virginia, Maryland, Ohio and North Carolina.

E15, E85, Ethanol, Ethanol News, Retailers

Advanced Biofuels USA Announces Essay Contest

Cindy Zimmerman

Advanced Biofuels USA has announced a new essay competition on the question “How can Advanced Biofuels become a Transformative Source for US Transportation?”

“We think the young people of the world have some great ideas and we think all people, and especially decision makers, should know about them. That’s why we’re sponsoring an essay competition for all people on the planet under twenty-five years old,” said Joanne Ivancic, Executive Director of Advanced Biofuels USA.

The contest offers a $200 first place prize, $150 for second place and $100 for third. In addition, the three winning essays will be published on the Advanced Biofuels USA website. The only qualification for entry is that one must be under 25 years old by December 31, 2022. Deadline for submission is October 1, 2022.

Click for more information.

advanced biofuels, biofuels, biomass, Ethanol

Ethanol Industry Leads in Employing Veterans

Cindy Zimmerman

A new study from the Department of Energy (DOE) finds that the U.S. ethanol industry once again leads the nation in the share of military veterans in its workforce, with one in every six employees previously serving in the armed forces. The DOE report also shows that the concentration of union workers in the ethanol industry is higher than the national average.

“Veterans make up 16% of the corn ethanol workforce, a higher concentration of veterans than any other energy technology and higher concentration than the 6% national average,” according to the report, which was prepared by DOE’s Office of Policy, Office of Energy Jobs. Across all energy sectors, veterans account for 9% of the workforce.

Meanwhile, ethanol industry workers represented by a union or labor agreement make up 7% of the industry workforce, higher than the national workforce average of 6%. The ethanol industry’s union worker density is identical to that of the petroleum fuels sector, according to the report.

The Renewable Fuels Association (RFA) is proof of that finding, with two military veterans among the organization’s 15 staff members, Vice President of Industry Relations Robert White and President and CEO Geoff Cooper.

“The ethanol industry’s values and priorities align extremely well with those of our women and men in uniform, so it’s no surprise that one out of every six ethanol industry workers is a veteran,” said Cooper. “Military veterans know that they can continue to protect their fellow Americans and serve their country by producing a homegrown, cleaner, greener, and more affordable renewable fuel.”

Cooper also noted that the DOE report underscores that progress is being made toward the industry goals of greater diversity, equity, and inclusion. For example, females account for 30% of the ethanol industry workforce, well above the 25% average across all energy sectors, and workers with disabilities make up 4% of the ethanol industry workforce, double the average across all energy sectors.

Ethanol, Ethanol News, Renewable Fuels Association, RFA