The USDA maintained its forecast for 2020-'21 corn use in ethanol in its latest World Agricultural Supply and Demand Estimates report, released Feb. 9. The outlook for corn exports was increased, while the forecast for ending stocks was reduced.
Neste released fourth quarter financial results on Feb. 5, reporting that its renewable products segment proved to be very resilient despite the impacts of the COVID-19 pandemic, with increased sales volumes and strong sales margins.
The USDA has increased its forecast for 2020-'21 soybean oil use in biodiesel in its latest World Agricultural Supply and Demand Estimates report, released Feb. 9. The outlook for soybean exports was also increased, with ending stocks lowered.
The National Biodiesel Board has appointed Liz McCune as director of communications. With an in-depth background in strategic communications, McCune is passionate about storytelling and building relationships with industry partners.
Rep. Julia Brownley, D-Calif., on Feb. 3 reintroduced the Sustainable Aviation Fuel Act, which aims to incentivize the production of sustainable aviation fuel (SAF), including the establishment of an aviation-only Low Carbon Fuel Standard.
Sens. John Thune, R-S.D., and Amy Klobuchar, D-Minn., on Feb. 3 reintroduced legislation that aims to require the U.S. EPA to update its outdated greenhouse gas (GHG) modeling for ethanol and biodiesel.
IRFA: Biofuels continue to have positive impact on Iowa's economy
By Iowa Renewable Fuels Association
February 02, 2021
A new study released Feb. 2 finds biofuels continue to have a significant positive impact on Iowa's economy, but recent market challenges reduced the job and household income impacts of ethanol and biodiesel production in the state.
IRFA: Biofuels continue to have positive impact on Iowa's economy
By Iowa Renewable Fuels Association
February 02, 2021
A new study released Feb. 2 finds biofuels continue to have a significant positive impact on Iowa's economy, but recent market challenges reduced the job and household income impacts of ethanol and biodiesel production in the state.
Secretary of agriculture nominee Tom Vilsack stressed the important role biofuels and bioenergy will play in meeting the Biden administration's climate goals during a Feb. 2 hearing before the Senate Committee on Agriculture, Nutrition and Forestry.
The USDA recently released its Grain Crushings and Co-Products Production report for January, reporting that corn use for fuel ethanol was at 432 million bushels in November, down from both the previous month and November 2019.
The Canola Council of Canada has announced it sees potential in the federal government's proposed rules for the Clean Fuel Standard, which were released in December. If adopted, the regulations will come into force next year.
President Biden on Jan. 27 issued an executive order that aims to tackle the climate crisis, create jobs and restore scientific integrity across the federal government. The order addresses the production and sourcing of biobased products and fuels.
California Ethanol + Power announced it will engage with the local Imperial Valley farming communities to secure formal commitments to grow the first 20,000 acres of sugarcane feedstock for Sugar Valley Energy, a planned low-carbon ethanol plant.
ADM discussed the status of its ethanol operations during a Q4 earnings call held Jan. 26. While ethanol margins are low, the company expects the supply-demand balance to improve through increased exports to China and industry reconfiguration.
Biodiesel, renewable diesel industry on the “RISE” in 2021
By National Biodiesel Board
January 22, 2021
The biodiesel and renewable diesel industry is on the “RISE�. This week the NBB hosted more than 550 biodiesel and renewable diesel producers, distributors, retailers, and other industry advocates virtually to share the direction of the industry.
BBI International has announced that the 2021 International Fuel Ethanol Workshop & Expo, the ethanol industry's largest conference, will be held July 13-15 in Minneapolis. The event was originally scheduled to be held in mid-June.
2021 International Fuel Ethanol Workshop & Expo moves to July
By BBI International
January 21, 2021
BBI International has announced that the 2021 International Fuel Ethanol Workshop & Expo, the ethanol industry's largest conference, will be held July 13-15 in Minneapolis. The event was originally scheduled to be held in mid-June.
The ethanol sector continued to recover during the fourth quarter of 2020 with production levels up 3.5 percent when compared to the third quarter, according to a new quarterly report released by CoBank's Knowledge Exchange on Jan. 14.
The USDA on Jan. 12 released a report and online dashboard that integrates the information collected by the agency as part of its Agriculture Innovation Agenda, an initiative that aims to help the U.S. agricultural industry meet future demands.
The U.S. Department of Energy is terminating the Biomass Research and Development Technical Advisory Committee, but a newly established Fuels of the Future Advisory Board will have a standing subcommittee dedicated to biofuels.
The USDA's National Agricultural Statistics Service released its 2020 Crop Production Annual Summary on Jan. 12, reporting that increased acreage and higher yields allowed corn to return to more typical production levels.
The USDA's National Agricultural Statistics Service released its 2020 Crop Production Annual Summary on Jan. 12, reporting that increased acreage and higher yields allowed soybeans to return to more typical production levels.
FROM THE WINTER ISSUE: Biodiesel Magazine's late-2020 survey of producers tells the story of a resilient, changing industry that's taken mostly indirect hits from the pandemic. Many producers lowered, but later ramped back up, production in 2020.
The USDA lowered its prediction for 2020-'21 corn use in ethanol in its latest WASDE report, released on Jan. 12. The forecasts for corn production, feed and residual use, exports, and ending stocks were also lowered.
An update on U.S. renewable diesel projects—operational, expanding, under construction and proposed—giving new purpose to aging oil refineries. The report represents a transformative volume of nearly 5.5 billion gallons of new or potential capacity.
The USDA increased its prediction for 2020-'21 soybean oil use in biodiesel production in its latest World Agricultural Supply and Demand Estimates report, released on Jan. 12. The forecast for soybean production, however, is down.
The USDA recently released its Grain Crushings and Co-Products Production report for December, reporting that corn use for fuel ethanol production reached 433 million bushels in October, up from the previous month, but down from October 2019.
The USDA's Commodity Credit Corp. announced on Dec. 23 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.
CoBank on Dec. 17 issued a report on the year ahead, predicting the 2021 outlook for ethanol is stable but guarded, with considerable growth and margin opportunities favoring ethanol coproducts versus fuel.
On Dec. 10, the U.S. Department of Energy announced up to $35 million in funding for bioenergy feedstock technologies and algae research and development. Concept papers are due Feb. 1, with full applications due April 5.
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