Ethanol Week - July 23, 2012

EIA: US ethanol still likely to lead world export market The U.S. ethanol industry is on track to be a net exporter of ethanol in 2012, although at lower levels that last year's record. The EIA highlighted ethanol in its July 18 report, "This Week in Petroleum." READ MORE SHARE
Ethanol industry commends court for RFS ruling The U.S. Court of Appeals for the District of Columbia Circuit rejected a petition by the Chicken Council challenging the U.S. EPA rulemaking on the renewable fuel standard. READ MORE SHARE
	Ceres releases Q3 results, provides project updates California-based Ceres Inc. recently announced financial results for the third quarter 2012, which ended on May 31. As part of the release, the company also provided an update on its operations, including its business in Brazil. READ MORE SHARE
E15 sold for $1.15 at extremely successful grand opening A week after it became the first retail gas station to offer E15 under the waiver granted by the U.S. EPA, a celebration was held at Zarco 66 "Oasis" station in Lawrence, Kan. From 6:30 to 8:30 a.m. consumers could fill up with E15 at a discount. READ MORE SHARE
Researchers: National LCFS would address RFS weaknesses A national low carbon fuel standard (LCFS) could provide a new framework to incentivize alternative transportation fuels and lower the nation's carbon intensity, according to the National LCFS Project which released its findings July 18. READ MORE SHARE
Ethanol industry faces tough decisions due to worsening drought As drought conditions continue to creep across much of the lower 48 states, the ethanol industry is preparing for the possibility of tight corn supplies for the second year in a row. A majority of the corn crop is now in fair or worse condition. READ MORE SHARE
USDA makes more counties eligible for disaster assistance The USDA has designated 39 additional counties in eight states as primary natural disaster areas due to damage and losses caused by drought and excessive heat. During the 2012 crop year, the USDA has designated parts of 29 states as disaster areas. READ MORE SHARE
Market reacts to weather conditions, outcome yet unknown Continued drought is impacting the futures prices for corn and ethanol, resulting in significant movement in the last three weeks. Emotions are high, said Rick Kment, Telvent DTN biofuels analyst, as the possibility of tight corn supply looms large. READ MORE SHARE
Danforth Center wins DOE funding to study drought, biomass crops The U.S. DOE awarded a five-year, $12.1 million grant to researchers at the Donald Danforth Plant Science Center and their collaborators to develop a new model plant system, Setaria viridis, to advance bioenergy grasses as a biofuel feedstock. READ MORE SHARE
Protabit receives NSF award for biofuels research The National Science Foundation awarded a Small Business Innovative Research Phase I grant to Protabit LLC, a Pasadena, Calif.-based spin-out from the California Institute of Technology. The grant will be used to engineer cellulase enzymes. READ MORE SHARE
Researchers make hydrogen as cellulosic ethanol coproduct Rather than focusing on a single microbe capable of converting cellulose to ethanol in a fermenter, researchers at Michigan State University are culturing two bacteria that grow synergistically. READ MORE SHARE
South Dakota to award grants for flex fuel pumps Growth Energy applauds South Dakota Governor Dennis Daugaard and the Office of Economic Development for authorizing the Ethanol Infrastructure Incentive Program, providing $960,000 in funding during Fiscal Year 2013. READ MORE SHARE