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USDA predicts another record corn crop

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By Erin Krueger

May 12, 2014

Feedstocks 

In its May 9 World Agricultural Supply and Demand Estimates report, the USDA predicted that U.S. farmers are on track to produce another record corn crop. According to the report, corn production is expected to reach 13.9 billion bushels this year.

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Business Briefs

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By Staff

May 10, 2014

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The Iowa Renewable Fuels Association has noted the Iowa Department of Revenue's recently released 2013 Retailers Motor Fuel Gallons Annual Report shows vast growth in the use of higher-level blends of ethanol and biodiesel in 2013.

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The USDA is seeking applications for the Rural Energy for America Program. Up to $12.3 million in grants and $57.8 million in loan guarantees is expected to be made available for the fiscal year 2014 awards.

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The Malaysian government has confirmed that U.S. distillers dried grains with solubles (DDGS) and corn gluten meal are not subject to the new import regulations scheduled to take effect on July 1.

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Employer Support of the Guard and Reserve, a Department of Defense operational committee, has announced Mike Skuodas, director of sales Dakota Gold at Poet Nutrition, was recently honored with a Patriot Award.

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Pending legislation in New Hampshire aims to limit corn ethanol in gasoline to 10 percent. The bill passed the state House of Representatives and was introduced in the state Senate. The Senate Committee on Transportation recently held a hearing.

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Ceres Inc. is expanding its current research activities in Mexico. The company's northern hemisphere plant breeding sites complement its product development activities in Brazil, where the company is commercializing sorghum hybrids.

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In a letter to President Obama , leaders of America's renewable fuel industry urge the Administration to rethink its proposal to weaken the bipartisan renewable fuel standard (RFS), a proposal that is at odds with the National Climate Assessment.

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The U.S. Energy Information Administration has slightly increased its ethanol production forecast for this year in the May issue of its Short Term Energy Outlook. The EIA now predicts ethanol production will average 911,000 barrels per day in 2014.

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A recent report published in Nature Geoscience claims a 20 percent reduction in ozone when drivers in Brazil switched from ethanol to gasoline. A review conducted by Steve VanderGriend at the Urban Air Initiative shows the study is misleading.

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The Obama Administration has released a new U.S. National Climate Assessment, which it describes as the most comprehensive scientific climate change assessment ever generated. It was developed over a four-year period.

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Sen. Mike Lee, R-Utah, has introduced legislation to eliminate all tax credits for renewable and traditional energy sources. The legislation, titled the "Energy Freedom & Economic Prosperity Act," is companion legislation to a 2013 House bill.

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Edmonton, Alberta-based Syngar Technologies Inc. has announced two separate joint venture projects that will, together, help make hemp-to-cellulosic ethanol a step closer to reality.

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Ethanol profits have been off-the-chart, peaking in late March and just recently dropping back, University of Illinois economist Scott Irwin wrote in his latest analysis of the industry in FarmDocDaily.

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Ethanol still figures in Murphy USA Inc.'s business, as it reported positive earnings from its plant in Texas and from the sale of renewable identification numbers (RINs) in its first quarter financial report, released May 5.

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Representatives of the USDA and National Farmers Union defended the renewable fuel standard (RFS) and ethanol during a recent hearing on the livestock industry held by a subcommittee of the House Committee on Agriculture.

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U.S. ethanol imports from Brazil down in 2013

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By U.S. Energy Information Administration

May 06, 2014

U.S. imports of sugarcane ethanol from Brazil fell by 40 percent last year, to 242 million gallons. Because Brazil is the largest source of ethanol imports into the United States, this drop led the United States to be a net exporter of the product.

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Biofuel groups welcome court of appeals decision on 2013 RFS case

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By Renewable Fuels Association, Growth Energy

May 06, 2014

The U.S. Court of Appeals for the District of Columbia Circuit has rejected a petition by Monroe Energy LLC challenging the U.S. EPA's 2013 renewable fuel standards (RFS). Several biofuel trade organizations intervened in the case.

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Archer Daniels Midland Co. recently reported its corn processing and bioproducts division experienced strong operating profit increases in the first quarter of the year. Strong performance in corn was supported by the robust ethanol market, ADM said.

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In the fall, the USDA published an article in its science magazine, Agricultural Research, about a highly absorbent, clumping and odor controlled kitty litter made out of processed distillers grains. That got my attention pretty fast.

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The Iowa Renewable Fuels Association recently attended Farmers Cooperative Co.'s groundbreaking ceremony at the future site of its new Mount Ayr renewable fuels retail location that will offer higher blends of ethanol and biodiesel to motorists.

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In a boost to rural communities, Beaver Dam, Wis.-based United Cooperative is offering E15 at 10 stations throughout Wisconsin. According to the Renewable Fuels Association, a total of 75 stations in 12 states now offer E15.

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The industry is likely to have another opportunity to look at the Food and Drug Administration's proposed regulations under the Food Safety and Modernization Act. An FDA official addressed the issue in a blog, "Getting it Right on Spent Grains."

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Produced by BBI International, the forum will take place the day before the 2014 Fuel Ethanol Workshop and focus on the latest innovations in maximizing corn yields.

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The University of Iowa and Repreve Renewables will host a miscanthus rhizome planting field day on May 7. During the demonstration, which is open and free to the public, 13 acres of miscanthus will be planted via Repreve's ACCU DROP planter.

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The Renewable Fuels Association said that the oil industry's suggestion that outdated fuel consumption projections should be used to establish 2014 renewable fuel standard requirements amounts to "the highest form of hypocrisy and misdirection."

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On April 30, Hawaii Gov. Neil Abercrombie signed legislation into law that allows the University of Hawaii College of Tropical Agriculture and Human Resources to establish a two-year industrial hemp remediation and biofuel crop research program.

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Pacific Ethanol Inc. has released its first quarter financial results, reporting record operating income of $34.9 million. The company also announced the restart of its 40 MMgy Madera, Calif.-based plant.

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Green Plains Renewable Energy Inc. reported yet another quarter of record earnings. Net income for the first quarter of 2014 was $43.2 million, or $1.04 per diluted share, compared to $2.6 million, or 8 cents per share, in the same period in 2013.

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