Ethanol Week - November 14, 2016

November 14, 2016

Ethanol groups express confidence Trump will support the RFS On Nov. 8, the U.S. elected republican nominee Donald Trump to serve as its 45th president. Representatives of the biofuels industry said they are confident Trump will continue to support the renewable fuels standard (RFS) and corn ethanol. READ MORE SHARE
EPA proposes to deny change in RFS point of obligation On Nov. 10, the U.S. EPA proposed to deny several petitions requesting the agency redefine the point of obligation under the renewable fuel standard (RFS). A 60-day public comment period on the decision is scheduled to be opened soon. READ MORE SHARE
	ICM considers investment to create technology showcase plant ICM Inc. announced it has commenced a process to explore the feasibility of revitalizing the recently purchased Abengoa Bioenergy plant in Colwich, Kansas, to a larger scale state-of-the-art energy efficient biorefinery plant. READ MORE SHARE
Ethanol group leads The Andersons Q3 segment earnings The Andersons Inc. reported third quarter net income of $1.7 million, or 6 cents per diluted share, on revenues of $860. Pre-tax earnings were led by the ethanol group at $9.5 million, with the grain group earning $1.9 million. READ MORE SHARE
EPA approves efficient producer pathway for Redfield Energy On Oct. 27, the U.S. EPA approved an efficient producer pathway petition for Redfield Energy LLC, bringing the total number of plants to receive pathway approvals under the efficient producer program to approximately 63. READ MORE SHARE
AgMRC looks at drivers behind high ethanol blending The economic drivers behind recent higher ethanol blending rates were examined by Iowa economic researcher Sampath Jayasinghe in the Renewable Energy Report from the Iowa Agricultural Marketing Resource Center. READ MORE SHARE
Cosan reports increased net revenue from ethanol sales Brazil-based Cosan recently released third quarter financial results, reporting that its Raízen Energia segment crushed 25.7 million tons of sugarcane during the quarter and sold 1.18 million tons of sugar and 847,000 cubic meters of ethanol. READ MORE SHARE
EIA maintains 2016, 2017 ethanol forecasts in November STEO The U.S. Energy Information Administration has released the November edition of its Short-Term Energy Outlook, predicting fuel ethanol production will average approximately 990,000 barrels per day this year and next year. READ MORE SHARE
USDA: Higher corn for ethanol use in November WASDE report The USDA November World Agricultural Supply and Demand Estimates report projects that corn used for ethanol will be 5.3 billion bushels in the 2016-'17 marketing year, 25 million bushels more than the agency estimated in its October WASDE report. READ MORE SHARE
UNICA: Sugarcane crush down in early October UNICA, the Brazilian sugarcane industry association, recently published a crop update for the first half of October, reporting ethanol production reached 1.4 billion liters (369.84 million gallons) during the two-week period. READ MORE SHARE
ACE 2017 DC fly-in to take place March 22-23 On the heels of Tuesday’s historic election, the American Coalition for Ethanol recently announced its annual grassroots Washington, D.C., fly-in will take place March 22-23, with the Liaison Hotel on Capitol Hill serving as the event headquarters. READ MORE SHARE
RFA: September ethanol exports balloon as China returns to market U.S. ethanol exports totaled 99.6 million gallons (mg) in September, up 28 percent–nearly 22 mg–over August, according to government trade data released Nov. 4 and analyzed by the Renewable Fuels Association. READ MORE SHARE
Novozymes launches biological foam control for sugarcane ethanol Novozymes recently launched Fermax, an enzyme protease that prevents foam development during the sugarcane ethanol fermentation process, while delivering improved control and replacing chemicals. READ MORE SHARE
Iowa retailer celebrates ethanol blender pumps with promotion Holstein Travel Center, an Iowa retailer, is holding an ethanol pump promotion on Nov. 11–12 to celebrate the opening of new blender pumps. The travel center has has installed four blender pumps with eight hoses at its location in Holstein, Iowa. READ MORE SHARE
NASCAR to surpass 10 million miles on Sunoco Green E15 NASCAR announced Nov. 11 that it will surpass 10 million competition miles on Sunoco Green E15, a biofuel blended with 15 percent American-made ethanol, by the end of the 2016 season. READ MORE SHARE
USGC: Trade issues to dominate conversations at NAFB’s Trade Talk Fresh on the heels of Export Exchange 2016, leaders from the U.S. Grains Council are heading to the National Association of Farm Broadcasting's annual Trade Talk interview fair next week to talk trade policy, ethanol market development and more. READ MORE SHARE