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Ag investment banker to headline Export Exchange

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By Renewable Fuels Association

July 29, 2016

Policy Markets 

Christopher Nolan Sr., PricewaterhouseCoopers Corporate Finance, will be the keynote speaker for Export Exchange 2016, scheduled for Oct. 24 to 26 in Detroit.

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The USDA Rural Business Cooperative Service is soliciting applications under the Repowering Assistance Program to encourage the use of renewable biomass to replace fossil fuels used for process heat or power at eligible biorefineries.

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DuPont announced second-quarter 2016 operating earnings of $1.24 per share on sales of $7.1 billion. Shareholders for both DuPont and Dow Chemical approved the merger of equals.

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Pacific Ethanol reported record sales of $422.9 million for the second quarter of 2016, an 86 percent increase over the $227.6 million in sales the company reported in Q2 2015. Q2 2016 sales were a record 232.2 million gallons of ethanol.

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The DOE is seeking input from industry, academia, national laboratories and other stakeholders in the biofuels and bioproducts industries regarding cellulosic sugar and lignin production capabilities.

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On July 27 in Omaha, Nebraska, the Renewable Fuels Association kicked off the first of four training sessions designed to help ethanol and distillers grains producers comply with impending Food Safety Modernization Act requirements.

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Syngenta has released financial results for the first half of 2016, reporting sales of $7.1 billion, down 2 percent at constant exchange rates and 7 percent at actual rates. Net income was $1.06 billion, down 13 percent. EBITA was $1.77 billion.

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The U.S. EPA has released renewable identification number (RIN) generation data for June, reporting that more than 1.7 billion RINs were generated during the month, bringing the total for the first half of the year to nearly 9.21 billion.

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The August issue reports on the methods used to recruit and retain employees, a profile of Growth Energy's new CEO, new sulfur regulations and CVEC's 20th anniversary.

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A European Court of Auditors report published recently has found that there are a number of gaps in the European Commission's existing biofuels sustainability certification framework.

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A U.S. Grains Council trade team of Mexican ethanol producers visited Kansas and Texas last week as part of program designed to engage interest in U.S. sorghum for production of the biobased fuel.

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The USDA is accepting applications for the Biorefinery, Renewable Chemical and Biobased Product Manufacturing Assistance Program, which provides loan guarantees of up to $250 million to develop, construct and retrofit commercial-scale biorefineries.

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Valero's ethanol division reported $69 million of operating income in the second quarter of 2016, $39 million less than the second quarter of 2015, but up $60 million when compared to the first quarter of this year.

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Succession planning involves candid discussions that pave the way for smooth transitions when facing retirements, or worse, unplanned vacancies in key positions.

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With Pride Comes Responsibility

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By Mike Bryan

July 25, 2016

The things that happen in America regarding renewable fuels provides a blueprint for the world to follow. With the pride of success comes the burden of responsibility to never give in. The world is watching.

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Potential for big crop pressures corn prices

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By Jason Sagebiel and Geoffrey Utecht , INTL FCStone

July 25, 2016

The July WASDE Repot showed a one-half million acres increase in planted corn due to the increase shown on June 30t which increased domestic production estimates by 110 million bushels to 14.54 billion bushels.

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Sharp losses developed in ethanol futures during the last month with traders extremely cautious concerning recent pressure in corn prices as well as consistent losses in other energy markets throughout July.

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DDGS prices weaken with corn price slide

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By Sean Broderick, CHS

July 25, 2016

As the corn crop progresses, and the futures prices slip with improving conditions, DDGS values have been sliding as well.

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Natural gas burn from power generators hits record levels

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By Andy Huenefeld, U.S. Energy

July 25, 2016

Intense heat across populous areas of the U.S. in the second half of July has fueled record usage of natural gas from power generators

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Genesee & Wyoming Inc. recently announced that beginning this fall, its Arkansas Midland Railroad Company Inc. subsidiary will offer the first ethanol unit train solution for the North Little Rock and surrounding gasoline-blending markets.

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RFA hosting July 30 ethanol safety seminar in Nebraska

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By Renewable Fuels Association

July 25, 2016

The Renewable Fuels Association is hosting an ethanol safety seminar July 30 in Adams, Nebraska. Attendees will receive information on training techniques that emergency responders and hazmat personnel need to respond to ethanol-related emergencies.

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In late June, the U.S. EPA approved efficient producer pathways for six Poet ethanol plants, bringing the total number of plants to receive pathways approvals under the efficient producer program to approximately 60.

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Ethanol plants use a variety of strategies to find and keep engaged employees.

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While Congress will be preoccupied with other legislative issues as it winds down this session, the RFA will continue to be on guard, hitting back at misinformation and making sure the RFS and all its benefits stay put.

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The U.S. Department of Energy has granted $2.5 million for a Texas A&M AgriLife Research study to find ways to use biorefinery waste to make new, marketable products. Much of the study will focus on ways to make plastic materials from lignin.

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Washington state's proposed clean air rule fails to recognize the climate benefits associated with biofuels and in fact penalizes their use, the Renewable Fuels Association told the Washington Department of Ecology in comments submitted July 22.

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The U.S. Department of Energy has announced its intent to issue a funding opportunity announcement (FOA) entitled “Co-Optimization of Fuels and Engines.� The initiative's approach combines the previously independent areas of biofuels and combustion.

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Getting Ready for FSMA Compliance

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By Chris Bliley

July 21, 2016

Whether producers must comply in September or next year or even 2018, they need to become FSMA-aware now and especially aware of their customers' needs.

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