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Froman asked to intervene in MIR 162 issue, Cargill sues Syngenta

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By Erin Voegele

September 15, 2014

Feedstocks Policy Business Markets Coproducts 

Several senators have asked U.S. Trade Representative Michael Froman asking to work with China to restore the flow of agricultural-related trade following the MIR 162 trade issues. Meanwhile, Cargill has filed a lawsuit against Syngenta.

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The U.S. Energy Information Administration has published the September issue of its Short-Term Energy Outlook, slightly altering its ethanol production forecasts for this year and next year.

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RFA: Fuel volatility regulations continue to stifle E15

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By Renewable Fuels Association

September 11, 2014

The Renewable Fuels Association implored Gina McCarthy, administrator of the U.S. EPA, to immediately address disparate fuel volatility regulations that hinder the sale and expansion of E15.

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Red River Energy LLC's ethanol plant in Rosholt, South Dakota, is once again operating after sitting idle for approximately 18 months. As production continues, the company plans to increase capacity and complete several improvement projects.

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Minnesota-based Buffalo Lake Advanced Biofuels recently restarted operations. The 18 MMgy plant, which was purchased out of bankruptcy in 2012, has undergone repairs and upgrades, including the installation of a new solids separation technology.

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Corn Oil One has announced a major step toward the further processing of distillers corn oil by breaking ground on its new oil frac facility. The project, collocated with Southwest Iowa Renewable Energy LLC, is expected to be completed in early 2015.

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Eco-Energy has announced the development of an ethanol unloading, storage, and outbound truck loading facility in Augusta, Georgia. This facility will serve the Augusta and Savannah markets in Georgia.

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On Sept. 4, the Surface Transportation Board held a hearing to discuss rail service issues and delays. Among those offering testimony were two Midwest ethanol producers.

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Using E15 gas rather than regular gas will reduce cancer-causing pollutants and smog in Chicago's air, says a new report that reviews and aggregates the results of independent research several institutions.

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The University of Missouri's Food and Agricultural Policy Research Institute has published a mid-year update to its baseline agricultural report, which was prepared in January. The update includes revised forecasts for ethanol and corn production.

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Iowa-based Summit Group has announced it will construct a corn ethanol production facility in Brazil. Groundbreaking on the $140 million project is expected within six months, with production beginning in early 2016.

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Florida-based Protec Fuel has announced plans for a multi-phase rollout of E15 and E85 in the southern portion of the U.S. The company will initially open 28 stations offering both E15 and E85 across the South and Southeast regions of the country.

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Cold winter could mean return to high regional basis prices

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By Ben Straus, U.S. Energy Services

August 29, 2014

Only the October futures contract remains to be settled before the end of summer. With winter looming around the corner, sparing some time to learn a few lessons from the prior year and plan for the upcoming heating season is a prudent course.

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The International Energy Agency has released its third annual Medium-Term Renewable Energy Market Report, which includes forecasts for global biofuel and renewable energy growth. For the first time, the report also includes an investment outlook.

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New contract lows hit in nearby corn futures

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By Jason Sagebiel, FCStone

August 28, 2014

August is proving to be a month of making new contract lows in nearby corn futures. Soybeans had the same type of trade but the contract lows were for new crop. Mild temperatures and scattered moisture despite a dry July triggered some sell-off.

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China is still the big story in DDGS market

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By Sean Broderick, CHS

August 27, 2014

With no approval to admit DDGS into China with Syngenta's MIR 162 trait it's still the big story in the coproduct market. Shippers have been working to find resolutions for tons of product on contract but not yet shipped.

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Despite the focus on potential record corn production this growing season, corn futures are showing an amazing sense of stability at the end of August. This is creating the potential for light to moderate buyer support.

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The EurObserv'ER has released its annual Biofuel Barometer, reporting that last year was the first time the consumption of biofuels in Europe decreased. The report notes the decline is essentially related to Spain and Germany.

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CHS Inc.has announced a new program to better enable some of the 1,400 Cenex branded locations to meet consumer demand for E15. The Cenex Tank Program will cover a significant portion of the cost to purchase and install E15 storage tanks.

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Despite challenges surrounding imports, China has accomplished a feat never before seen. According to Chinese and USDA data, China has imported more than 3 million metric tons each of corn, sorghum and DDGS this marketing year, which ends Aug. 31.

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Getting Back to Basics

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By Mike Bryan

August 20, 2014

It's important to remind ourselves that ethanol is about revitalizing small towns and farms in rural America, writes Mike Bryan. A 50 MMgy ethanol plant will generate nearly $200 million in yearly revenue in DDGS and ethanol sales alone.

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Brazil-based Cosan recently released financial results for the second quarter, reporting a 16 percent increase in EBITDA for its Raizen Energia business unit, which comprises its sugar, ethanol and cogeneration operations.

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Abengoa's biofuels and bioenergy business saw a strong second quarter in the Americas, Abengoa CEO Manuel Sanchez Ortega said during the company's first half of 2014 earnings call on Aug. 12.

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Malaysian officials recently agreed to permanently exempt imports of U.S. distillers dried grains with solubles and corn gluten meal from the nation's new sanitary and phytosanitary and inspection regulations for agricultural commodities.

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Aemetis Inc. has released second quarter financial results, reporting revenue of $57.2 million, a 21 percent increase over the same quarter of 2013. The company also outlined future improvement plans in a recent business update conference call.

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The U.S. Energy Information Administration has released the August issue of its Short-Term Energy Outlook, reporting that ethanol production has averaged approximately 940,000 barrels per day over the past three months.

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ICM Inc. is pleased to announce the successful start-up and commissioning of the dry-mill corn ethanol plant designed for ACA Bio Cooperative Limitada. The plant is located in Villa Maria, which is in the central province of Cordoba, Argentina.

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The USDA survey-based yield forecast in the August supply/demand report pegs corn yield at a record 167.4 bushels per acre, up 2.1 bushel from last month's projection. The new forecast projects a record corn crop of 14.032 billion bushels.

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CRFA member first to bring E85 to western Canada

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By Canadian Renewable Fuels Association

August 12, 2014

The Canadian Renewable Fuels Association congratulates Arcade Station, Western Canada's only gas station selling E85 Ethanol fuel, on its opening in Vancouver.

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An annual report on Brazil's biofuel sector has been filed with the USDA Foreign Agriculture Service's Global Agricultural Information Network, predicting Brazilian ethanol production will increase 5 percent next year.

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