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All eyes on China for DDGS market impacts

February 24, 2015

BY Sean Broderick, CHS Inc.

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USGC connects Japanese, Korean biofuels stakeholders at annual conference

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By U.S. Grains Council

3 hours ago

Markets Policy Business 

The U.S. Grains Council, in collaboration with the Korea Biofuel Forum, a biofuel advocacy group, held its annual conference in Seoul in mid-May with the goal of promoting biofuel’s economic and environmental benefits to South Korean stakeholders.

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U.S. fuel ethanol production was up 2% the week ending May 23, according to data released by the U.S. Energy Information Administration on May 29. Weekly ending stocks of fuel ethanol were down 3% and exports were down 30%.

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The USDA recently released its Grain Crushings and Co-Products Production report for May, reporting that corn use for fuel ethanol production in March was down when compared to the same month of last year.

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ICM has signed a new agreement with Little Sioux Corn Processors to install ICM’s proprietary FOT Oil Recovery system at the company’s 170 MMgy ethanol plant in Marcus, Iowa. The project is expected to be operational in Q1 2026.

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During the past six weeks, 10 taxis in Monterrey, Mexico converted to flex fuel technology and traveled more than 43,000 miles, using in excess of 1,500 gallons of E85. The trial resulted in reduced operating costs and emissions.

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