September 12, 2013
BY Chris Hanson
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ADM on May 6 reported improved first quarter earnings for its ethanol segment on higher production volumes and improved margins. Margins were slightly negative but are expected to improve during the second quarter.
According to a new economic contribution study released by the Iowa Renewable Fuels Association on May 6, Iowa biofuels production has begun to reflect stagnant corn demand throughout the agriculture economy.
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UNICA, the Brazilian sugarcane industry association, has released data showing sugarcane processing was up slightly during the first half of April. Total ethanol production was up nearly 12%, and corn ethanol production was up more than 41%.
Sac Economic & Tourism Development Ltd., Ecostrat and the BDO Zone Initiative have issued an investment grade BDO Zone ‘A’ Rating for Sac County, Iowa. The BDO Zone is rated for 824,000 bone-dry tons per year of corn stover.