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ADM reports significant Q2 improvement in ethanol earnings

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By Erin Voegele

July 27, 2021

FeedstocksBusinessOperationsMarketsCoproducts

Archer Daniels Midland Co. released second quarter financial results on July 27, reporting that earnings for its Carbohydrates Solutions segment, which includes ethanol, were almost double those reported for the same period of last year.

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Neste released financial results for the first half of 2021 on July 27, reporting solid performance for its renewable products segment. Demand for renewable diesel was robust, but feedstock markets were tight, the company reported.

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Although sugarcane processing is down in the south-central region of Brazil this harvest season, the production of anhydrous ethanol is up significantly, according to data released by UNICA, the Brazilian sugarcane industry association.

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Sugarcane is the most energy efficient plant in the world and will play a vital role in the jet fuel revolution. With air travel expected to skyrocket in the coming decades, and carbon reduction a must, the aviation industry needs renewable options.

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Aspiring Univere Corp., a spinout of the University of Illinois at Urbana-Champaign, has created a massive database of every plot of farmland across the globe. The tool could help ethanol plant managers better anticipate local grain availability.

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Aemetis' refinery will produce renewable diesel and renewable jet fuel from almond orchard and forest wood waste, which will also yield a negative carbon sugar source for ethanol. The Keyes, California, plant is also ditching fossil-based power.

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The DOE on July 19 released its 2021 U.S. Energy Employment Report, which shows fuel ethanol employment fell slightly last year, but at a much lower rate than the overall U.S. fuels sector. Corn ethanol employment is expected to rebound this year.

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The U.S. Department of Energy on July 19 released its 2021 U.S. Energy Employment Report, which shows jobs in biobased fuels fell last year, but at a lower rate than overall job losses in the U.S. fuel sector.

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New Energy Blue on July 20 announced plans to construct a cellulosic ethanol biorefinery that utilizes Inbicon technology on a 155-acre site near Mason City, Iowa. Construction is expected to begin next year, with commissioning scheduled for 2024.

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Yield10 Bioscience Inc., an agricultural bioscience company, on July 13 announced it has completed planting of its 2021 Field Test and Seed Scale Up program at all contracted sites in the U.S., Canada, and Argentina.

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TotalEnergies and Veolia have joined forces to accelerate the development of microalgae cultivation using CO2. The two companies will complete a four-year research project at the La Mède biorefinery, with the long-term goal of producing biofuel.

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BBI International and Ethanol Producer Magazine on July 14 recognized Steve Markham and Kurt Rosentrater for their contributions to the U.S. ethanol industry during the general session of the 2021 International Fuel Ethanol Workshop & Expo (FEW).

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Summit Agricultural Group, through its investment affiliate Summit Ag Investors, has announced the acquisition of Prairie Horizon Agri-Energy. Summit will retorfit the facility to produce ethanol and protein ingredients from wheat feedstock.

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CoBank's Knowledge Exchange released its second quarter report on July 8, reporting that the U.S. fuel ethanol sector outperformed expectations during the three-month period and is well positioned for the second half of 2021.

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The Brazilian government on July 12 announced plans to boost the mandatory biodiesel blend rate to 12 percent, up from the current blend rate 10 percent, but below the statutory target of 13 percent.

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The USDA maintained its forecast for 2021-'22 corn use in ethanol in its latest World Agricultural Supply and Demand Estimates report, released July 12. The forecast for the season-average corn price was lowered.

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The USDA maintained its forecast for 2021-'22 soybean oil use in biofuel production in its latest World Agriculture Supply and Demand Estimates report, released on July 12. The expected price of soybean oil was lowered.

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The 2021 International Fuel Ethanol Workshop & Expo (FEW), the ethanol industry's largest conference, will feature more than 150 speakers, next week, July 13-15, in Des Moines, Iowa. More than 450 biofuel producers are set to attend.

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The 2021 International Fuel Ethanol Workshop & Expo (FEW), the ethanol industry's largest conference, will feature more than 150 speakers, next week, July 13-15, in Des Moines, Iowa. More than 450 biofuel producers are set to attend.

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Energycane produces more biodiesel than soybean at a lower cost

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By University of Illinois College of Agricultural, Consumer and Environmental Sciences

July 08, 2021

Bioenergy from crops is a sustainable alternative to fossil fuels. New crops such as energycane can produce several times more fuel per acre than soybeans. Yet, challenges remain in processing the crops to extract fuel efficiently.

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Midwest AgEnergy (MAG) and Gavilon Grain on June 30 announced an agreement to combine corn origination services for MAG's Blue Flint and Dakota Spirit ethanol plants as well as Gavilon network of grain elevators in the area, effective July 1.

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UNICA, the Brazilian sugarcane industry association, has announced the volume of sugarcane processed by mills in the south-central region was down 14 percent during the first half of June. Ethanol production was also down, but sales were flat.

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The U.S. EIA released its latest Monthly Biofuels Capacity and Feedstock Update on June 30, reporting that production capacity for both fuel ethanol and “other� biofuels increased in April. Capacity for biodiesel held steady.

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The USDA's Commodity Credit Corp. announced July 1 that it does not expect to purchase and sell sugar under the Feedstock Flexibility Program for crop year 2020, which runs from Oct. 1, 2020 through Sept. 30, 2021.

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The U.S. EIA released its latest Monthly Biofuels Capacity and Feedstock Update on June 30, reporting that production capacity for both fuel ethanol and “other� biofuels increased in April. Capacity for biodiesel held steady.

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NIFA invests $5.4M in bioprocessing, bioengineering research

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By USDA’s National Institute of Food and Agriculture

June 30, 2021

USDA's National Institute of Food and Agriculture announced on June 30 an investment of $5.4 million in bioprocessing, bioengineering, biofuels and biobased products research. A total of 18 projects were selected for funding.

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The USDA's National Agricultural Statistics Service on June 30 announced that an estimated 92.7 million acres of corn has been planted in the U.S. for 2021, up 2 percent or 1.87 million acres when compared to 2020.

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USDA's National Institute of Food and Agriculture announced on June 30 an investment of $5.4 million in bioprocessing, bioengineering, biofuels and biobased products research. A total of 18 projects were selected for funding.

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NIFA invests $5.4M in bioprocessing, bioengineering research

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By USDA’s National Institute of Food and Agriculture

June 30, 2021

USDA's National Institute of Food and Agriculture announced on June 30 an investment of $5.4 million in bioprocessing, bioengineering, biofuels and biobased products research. A total of 18 projects were selected for funding.

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The USDA's National Agricultural Statistics Service on June 30 announced that U.S. farmers planted an estimated 87.6 million acres of soybeans this year, up 5 percent when compared to 2020. Harvested area is also expected to be up 5 percent.

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