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Economists: Gas price has tightest correlation to ethanol price

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By Susanne Retka Schill

December 07, 2016

Business Markets 

When it comes to price relationships, a recent analysis found statistically significant relationships between ethanol, corn and gasoline prices and ethanol ending stocks. Gasoline price matters most, followed by corn price and ethanol ending stocks.

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President-elect Donald Trump has nominated Oklahoma Attorney General Scott Pruitt to serve as administrator of the U.S. EPA. His nomination is subject to confirmation by the U.S. Senate.

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On Nov. 29, the Federal Trade Commission announced it has granted Gilbarco Inc. and other ethanol flex fuel retailers a partial exemption to its Fuel Rating Rule labeling requirements.

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On Dec. 1, the Senate Subcommittee on Regulatory Affairs and Federal Management held a hearing to discuss the U.S. EPA's management of the renewable fuel standard (RFS) and two Government Accountability Office reports released on Nov. 28.

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On Dec. 6, the U.S. EPA held a hearing on its proposed Renewables Enhancement and Growth Support rule in Chicago. Growth Energy and the Renewable Fuels Association were among the organizations that testified at the event.

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Green Biologics Inc. recently announced that its high purity biobased n-butanol and acetone have received official certification under the USDA BioPreferred program. The products are marketed under the BioPure brand.

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Research could make ethanol production more efficient, economic

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By University of Illinois Urbana-Champaign

December 05, 2016

New research at the Integrated Bioprocessing Research Laboratory on the University of Illinois Urbana-Champaign campus could significantly change ethanol production by lowering operating costs and simplifying the dry grind process.

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Author argues it is now cheaper to cut carbon and use renewable energy that to keep the status quo. Thus, the clean economy and renewables can't be stopped.

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The U.S. EPA recently published a notice to its website setting the cellulosic waiver credit (CWC) price for 2017 at $2.00. The CWC price for 2016 was set in at $1.33 in November 2015.

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Queensland RFA: Mandate shouldn't result in higher pump prices

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By Queensland Renewable Fuels Association

December 02, 2016

Queensland motorists should not expect to pay more at the pump due to the state's ethanol mandate, said Larissa Rose, Queensland Renewable Fuels Association managing director.

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The total amount of corn used for ethanol and other industrial uses during October was 5 percent higher than it was in September and 3 percent more than was used in October 2015, according to the Dec. 1 USDA grain crushings and coproducts report.

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Buyers at this fall's Export Exchange struck deals to purchase an amount of DDGS equivalent to roughly 8 percent of last year's total U.S. DDGS exports.

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Several associations sent a letter this week to Gina McCarthy, EPA administrator, expressing their unified support for keeping the renewable fuel standard (RFS) program's point of obligation unchanged.

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The European Renewable Ethanol Association (ePURE) regrets the European Commission's intentions to phase out, or significantly reduce, the use of conventional biofuels in Europe.

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RFA: Most manufacturers approve using E15 in MY 2017 vehicles

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By Renewable Fuels Association

November 30, 2016

More than 80 percent of new 2017 model year vehicles are approved by the manufacturer to use E15 , according to an analysis of warranty statements and owner's manuals conducted by the Renewable Fuels Association.

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Queensland RFA: Mandate shouldn't result in higher pump prices

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By Queensland Renewable Fuels Association

November 30, 2016

Queensland motorists should not expect to pay more at the bowser due to the state's ethanol mandate, said Larissa Rose, Queensland Renewable Fuels Association managing director.

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Growth Energy partnered with major fuel retailers Sheetz, Minnoco, Protec Fuel and Murphy USA for its annual Pink Out program to raise funds and awareness for breast cancer during October.

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Growth Energy partnered with major fuel retailers Sheetz, Minnoco, Protec Fuel and Murphy USA for its annual Pink Out program to raise funds and awareness for breast cancer during October.

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Startup Synata Bio outbid Shell Oil Co. in the bankruptcy auction for Abengoa Bioenergy Biomass of Kansas at Hugoton, Kansas. Shell's stalking horse bid of $26 million was nearly doubled in the winning bid.

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BASF is introducing a new version of its Lutropur brand of methanesulfonic acid (MSA) with higher active concentration for multiple applications in biodiesel and ethanol processing.

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Warm fall temperatures delay DDGS seasonal demand

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By Sean Broderick, CHS

November 29, 2016

With Thanksgiving behind us, and the Mississippi ready to close down in the “Cities, the winter months are here, but the weather has not yet caught up.

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The market seemed to be making a delayed shift to seasonal patterns during late October and early November as energy and ethanol prices started to turn lower based on growing supplies.

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Natural gas inventories hit record peak

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By Andy Huenefeld, Kinect Energy Group

November 29, 2016

Natural gas inventories hit record peak after starting from a baseline of more than 2.4 Tcf in March,

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Rex American Resources released third quarter financial results Nov. 29, reporting net sales and revenue of $116.3 million, up from $110.6 million in the third quarter of 2015.

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Corn market steady

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By Jason Sagebiel, INTL FCStone

November 29, 2016

Nov. 28--Corn production was determined to be 15.226 billion bushels as the national yield was last figured at 175.3 bushels per acre.

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Shell and Cosan have reached an agreement to strengthen the Raízen joint venture in Brazil through a change in its contractual structure that has transformed Raízen from a temporary to a permanent joint venture.

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The Surface Transportation Board has announced it is seeking nominations to fill a vacancy on its Rail Energy Transportation Advisory Committee. The STB is seeking candidates representing private railcar owners, lessors or manufacturers.

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On Nov. 25, the government of Canada announced plans to develop a low-carbon fuel standard that would require reductions in the carbon footprint of fuels supplied in the nation based on lifecycle analysis.

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UNICA, the Brazilian sugarcane industry association, recently released a crop update for the second half of October, reporting ethanol production in the south-central region during the period reached 1.3 billion liters (343.42 million gallons).

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The U.S. EPA has released renewable identification number (RIN) generation data for October, reporting that nearly 1.66 billion RINs were generated during the month, including nearly 17.79 million cellulosic RINs.

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