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Iowa delegation calls on EPA to hold hearing on RFS in Iowa

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By Sen. Chuck Grassley’s office

June 16, 2015

Feedstocks Policy Business Operations Markets Coproducts 

The entire Iowa delegation, led by Rep. David Young, R-Iowa, on June 15 pressed the U.S. EPA to host a public hearing in Iowa on the proposed renewable fuel standard (RFS) renewable volume obligations (RVOs).

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The government of Queensland, Australia, has announced plans to implement a 2 percent ethanol mandate, beginning in July 2016. A similar mandate is planned for biodiesel, however an exact percentage has not been proposed.

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The USDA's Commodity Credit Corp. has announced that all 50 states, the Commonwealth of Puerto Rico and Washington, D.C., may now apply for up to $100 million in grants under the Biofuels Infrastructure Partnership.

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Pacific Ethanol Inc. and Aventine Renewable Energy Holdings Inc. announced their respective stockholders approved the proposed merger of the two companies at separate meetings held June 11. Completion of the merger is expected to be effective July 1.

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The U.S. ethanol industry has tied its previous record for weekly ethanol production, with the U.S. Energy Information Administration reporting an average of 992,000 barrels per day of production the week of June 5.

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The USDA has announced its intent to prepare a programmatic environmental impact statement (PEIS) to assess the potential environmental consequences associated with proposed discretionary changes to the Biomass Crop Assistance Program.

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The U.S. EPA's Science Advisory Board has announced the SAB Biogenic Carbon Emissions Panel will hold three teleconferences over the next several months to review the EPA's biogenic carbon emissions framework.

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UNICA, the Brazilian sugarcane industry association, has announced that mills in the nation's south-central region continued to prioritize ethanol production over sugar production during the second half of May.

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The U.S. EPA's May 29 proposed renewable volume obligations (RVO) is under scrutiny by University of Illinois economists in recent FarmDocDaily posts authored by Jonathan Coppess, Scott Irwin and Darrel Good.

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On June 11, Fuels America hosted a conference call to discuss a memo from the U.S. EPA that demonstrates the renewable fuel standard (RFS) does not increase retail gas prices. Rather, it can decrease them.

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Praj Industries recently released fourth quarter and fiscal year (FY) 2015 results, reporting increased new order inflows and providing investors with an overview of its business operations, including those in the fuel ethanol sector.

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A U.S. Grains Council leader recently testified at a hearing looking at the effects of U.S. restrictions on trade with Cuba, telling commissioners that significant opportunities exist in that market for U.S. farmers if barriers are addressed.

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In the June supply/demand report, USDA increased corn beginning stocks for the 2015-'16 crop year based on new projections that lower the corn use for ethanol production. The report left projected corn production for 2015-'16 unchanged.

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On June 10, the U.S. EPA published its proposed rule to set 2014, 2015 and 2016 renewable volume requirements (RVOs) under the renewable fuel standard (RFS) in the Federal Register, officially opening the public comment period on the proposal.

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The U.S. Energy Information Administration has published the June edition of its Short-Term Energy Outlook, predicting ethanol production will remain at near current levels, averaging 936,000 barrels per day this year.

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U.S. Grains Council consultants in Mexico have been working in the southeast region of that country to provide nutritional advice and present feeding trial results to the region's cattlemen and distributors.

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Canadian government supports growth of agricultural producers

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By Western Economic Diversification Canada

June 09, 2015

Corn and soybean producers will benefit from a $1.2 million investment announced June 6 by representatives of the Canadian government. Through this project, agricultural trial research will be undertaken to increase production in Western Canada.

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Demand for corn for ethanol production appears to be on solid footing, writes University of Illinois ag economist Darrel Good, in his column "Weekly Outlook: Assessing Corn Demand for Domestic Ethanol Blending," distributed by FarmDocDaily.

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Corn for fuel alcohol, at 409.0 million bushels, was down 7 percent from March but up 3 percent from the short month of February, as reported by the USDA's National Agricultural Statistics Service in the monthly Current Agricultural Industry Report.

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The first Etanolix plant delivered to the international market by St1 Biofuels Oy was recently inaugurated in Gothenburg, Sweden. The facility recycles feedstocks such as biowaste and process residue from local bakeries and bread from shops.

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Gevo Inc. has announced its patented technology to make jet fuel from cellulosic wood waste will be used in demonstration flight sponsored by Northwest Advanced Renewables Alliance and major North American airline.

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The U.S. EPA recently published a notice soliciting public comments on a proposed information collection request (ICR) related to the voluntary renewable identification number (RIN) quality assurance program under the renewable fuel standard (RFS).

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In May, USDA Rural Development's Rural Business-Cooperative Service published a final rule for the Value-Added Producer Grant program and opened a 60-day comment period that closes on July 7. The program can support the production of E85 and biogas.

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The U.S. EPA has announced it will hold a public hearing on June 25 in Kansas City, Kansas, on its recently released proposed rule for the 2014, 2015, and 2016 renewable fuel standard (RFS) and 2017 RFS proposal for biomass-based diesel.

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Although equity redemption plans are usually considered when margins are favorable, investors may be more willing to sell in times of lowered profitability, writes Joe Leo of BrownWinick Law Firm, adding now may be a good time to consider it.

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China New Energy Ltd. recently announced it has acquired 24 percent of the issued equity in a Hungary-based ethanol project that is currently under development. CNE was contracted in 213 to design and construct the facility.

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Gevo Inc. recently announced that it has entered into an agreement with FCStone Merchant Services LLC to originate and supply corn for Gevo's plant in Luverne, Minnesota.

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Nebraska Gov. Pete Ricketts has signed legislation into law that will create a rebate program for qualified clean-burning motor vehicle fuel property, including motor vehicle fuel property that is fueled with ethanol blends of at least 15 percent.

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Biofuels pioneer Mascoma LLC and the Department of Energy's BioEnergy Science Center have developed a revolutionary strain of yeast that could help significantly accelerate the development of biofuels from nonfood plant matter.

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RSB approves new low ILUC risk standard

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By Roundtable on Sustainable Biomaterials

June 03, 2015

The Roundtable on Sustainable Biomaterials kicked off its annual General Assembly meeting with a delegation vote on the new "Low iLUC Risk Biomass Criteria and Compliance Indicators." The standard was approved by consensus.

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