Archer Daniels Midland Co. reported solid earnings for the first quarter, even though its corn processing segment was down due to tight ethanol margins. Overall, ADM reported adjusted earnings per share of 77 cents for the quarter.
The corn crush for ethanol was up from the short month of February, but still down a bit from January's corn crush, according to the Grain Crushings and Co-Products Production report released May 1 by the USDA.
With the ever-increasing emissions standards and push for sustainability solutions, Freudenberg-NOK Sealing Technologies has developed an ethylene propylene diene monomer rubber compound from a polymer produced from sugarcane-based feedstock.
Produced by BBI International, the 2015 International Fuel Ethanol Workshop will bring together the largest gathering of ethanol producers to discuss the industry's renewed certainty for long-term growth supported by the U.S. government.
In spite of a first quarter net loss overall and its ethanol segment breaking even on an EBITDA basis, Todd Becker, CEO of Green Plains Inc., remains confident the company will see a strong performance overall for 2015.
A recent Kansas State University study found that providing growing cattle with dried distillers grains (DDGS) plus salt on a self-feeding basis while the animals grazed native pastures helped boost average daily weight gain.
In a speech April 23 at Michigan State University, Agriculture Secretary Tom Vilsack laid out a comprehensive approach to partner with agricultural producers to address the threat of climate change.
Legislation pending in Iowa aims to create a 5-cent-per-pound renewable chemical production tax credit. The legislation was introduced in March and is currently awaiting review in the Senate Ways and Means Committee.
The U.S. EPA has posted a notice to its website announcing that the volume requirements for the 2014, 2015 and 2016 renewable fuel standard (RFS), along with the 2017 volume requirement for biomass-based diesel, will be finalized by Nov. 30.
Third Way has released a report highlighting the connection between first- and second-generation ethanol and the need for continued implementation of the renewable fuels standard (RFS).
Rex American Resources Corp. has released financial results for fiscal year 2014, which ended Jan. 31, reporting net sales of $572.2 million, down from $666 million in fiscal 2013. Gross profits, however, more than doubled, reaching $141.9 million.
DDGS prices are still being dramatically affected by Chinese demand, in both bulk and container shipments. More than 2.5 million metric tons have been booked via the Gulf in bulk vessels destined for China so far for the summer.
Bobby Likis featured Judd Hulting, commodities manager at Patriot Renewable Fuels LLC, in Annawan, Illinois, during his two-hour Saturday morning radio show, Bobby Likis Car Clinic, on March 14.
Legislation pending in Minnesota aims to establish state production incentives for advanced biofuels, renewable chemicals and biomass thermal. The measure was introduced in the Minnesota House of Representatives and the Minnesota Senate in February.
In the current tight ethanol margin environment, strong distillers grains markets have partially offset some of the pressures of the energy market. Economists examine factors influencing distillers grains pricing in a recent FarmDoc Daily post.
Aemetis Inc. has released 2014 financial results, reporting record revenues of $208 million, up from $178 million in 2013. Record adjusted EBITDA was $30 million in 2014, up from $10 million in the prior year. Gross profit was $37 million last year.
Although most U.S. trade with Cuba has been severely restricted since the 1960s, Cuba does buy limited amounts of agricultural products from the United States, including corn and distillers dried grains with solubles (DDGS).
The three big U.S. cellulosic ethanol producers have different approaches to lignin and future coproduct possibilities.
The 2015 International Fuel Ethanol Workshop & Expo, the ethanol industry's largest conference, has released its highly anticipated agenda featuring more than 140 speakers and four comprehensive tracks. The event takes place June 1-4 in Minneapolis.
In January, Canada experienced a market hindrance related to the pelletization of feeds containing distillers dried grains with solubles (DDGS), which affected the sale of the product into Ontario. The U.S. Grains Council responded immediately.
Gevo Inc. has announced that the National Aeronautics and Space Administration has purchased Gevo's renewable alcohol-to-jet fuel (ATJ) for aviation use at the NASA Glenn Research Center in Cleveland, Ohio.
Pacific Ethanol Inc. has released 2014 financial results, reporting record net sales, gross profit, operating income, adjusted EBITDA and gallons sold. Neil Koehler, CEO of Pacific Ethanol, called 2014 a pivotal year for the company.
Corn consumed for fuel ethanol was 445.7 million bushels in January, down 2 percent from December, but up 3 percent from November. Dry mills used 89.3 percent of that, while wet milling fuel production consumed the remaining 10.7 percent.
A decline in ethanol prices has accompanied the decline in gasoline prices, yet ethanol production has been at record levels for much of the current corn marketing year, biofuels economist Robert Wisner noted in a recent analysis.
The Great Lakes Bioenergy Research Center, one of three bioenergy research centers established in 2007 by the U.S. Department of Energy, recently celebrated the filing of its 100th patent application.
For the ethanol industry, 2015 is about "moving ahead and moving faster," Growth Energy co-chairman Jeff Broin told attendees in his opening remarks at Growth Energy's sixth annual Executive Leadership Conference Feb. 26-27 in Phoenix.
Researchers at the University of Illinois are investigating the impact of sulfur levels on pigs fed a diet that includes distillers grains with solubles (DDGS). Results show pigs fed DDGS did not have elevated sulfur levels in their organs.
Secretary of Agriculture Tom Vilsack asked for the ethanol industry's support for the Trans-Pacific Partnership in his keynote address at the 2015 Growth Energy Executive Leadership Conference held in Phoenix Feb. 26-27.
Superior Oil, a national full line manufacturer and distributor of chemical and solvents, was awarded a U.S. patent for its innovative approach to extracting corn oil from the ethanol production processes.
Aventine Renewable Energy Inc. has announced the successful installation of a $2.4 million Valicor corn-oil separation system at its Nebraska Energy LLC plant in Aurora, Nebraska. The system began operations in early January.
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