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Crop Energies reports increased revenue in annual results

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By Erin Voegele

May 21, 2014

Business Markets 

European ethanol producer Crop Energies AG has reported financial results for its financial year 2013/14, which closed Feb. 28. According to the company, its revenue increased by 13 percent during the year. Crop Energies operates four ethanol plants.

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It appears ethanol and gasoline markets will be contained in a moderate trading range through the end of May, with traders focusing on uncertainty about summer demand support.

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Iowa biofuels community celebrates signing of biofuel bill

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By Iowa Renewable Fuels Association

May 21, 2014

On May 21, the Iowa Renewable Fuels Association joined Iowa Gov. Terry Branstad, Lt. Gov. Kim Reynolds and several renewable fuels and agriculture industry leaders at Poet Biorefining-Coon Rapids to celebrate the signing of Senate File 2344.

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Producers had one week in early May to get 59 percent of the corn crop planted. Unfortunately, emergence may slow as cold and wet weather prevailed the second week of May.

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Knowing how the supply and cost of natural gas will affect a company's operations is key to planning and weathering curtailment.

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Big Oil Lies and Whines

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By Jim Miller

May 17, 2014

RINs aren't a tax paid to the government or a premium paid to ethanol producers, writes Jim Miller of Growth Energy. They are free to renewable energy producers and are purchased by obligated parties with RIN shortages.

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The bullying from Big Oil won't stop until the industry says "enough," writes Ron Lamberty, in a column about E15 and what gas station owners think of the fuel.

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Jeff Hove, vice president of RINAlliance, talks about the complex world of RFS compliance and RIN management.

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A closer look at the organizations that speak for Hoosier corn growers in Indiana. Meet two staff members and two farmer board members.

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The Iowa Renewable Fuels Association has noted the Iowa Department of Revenue's recently released 2013 Retailers Motor Fuel Gallons Annual Report shows vast growth in the use of higher-level blends of ethanol and biodiesel in 2013.

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Pending legislation in New Hampshire aims to limit corn ethanol in gasoline to 10 percent. The bill passed the state House of Representatives and was introduced in the state Senate. The Senate Committee on Transportation recently held a hearing.

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The U.S. Energy Information Administration has slightly increased its ethanol production forecast for this year in the May issue of its Short Term Energy Outlook. The EIA now predicts ethanol production will average 911,000 barrels per day in 2014.

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A recent report published in Nature Geoscience claims a 20 percent reduction in ozone when drivers in Brazil switched from ethanol to gasoline. A review conducted by Steve VanderGriend at the Urban Air Initiative shows the study is misleading.

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Ethanol profits have been off-the-chart, peaking in late March and just recently dropping back, University of Illinois economist Scott Irwin wrote in his latest analysis of the industry in FarmDocDaily.

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U.S. ethanol imports from Brazil down in 2013

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By U.S. Energy Information Administration

May 06, 2014

U.S. imports of sugarcane ethanol from Brazil fell by 40 percent last year, to 242 million gallons. Because Brazil is the largest source of ethanol imports into the United States, this drop led the United States to be a net exporter of the product.

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In the fall, the USDA published an article in its science magazine, Agricultural Research, about a highly absorbent, clumping and odor controlled kitty litter made out of processed distillers grains. That got my attention pretty fast.

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The Iowa Renewable Fuels Association recently attended Farmers Cooperative Co.'s groundbreaking ceremony at the future site of its new Mount Ayr renewable fuels retail location that will offer higher blends of ethanol and biodiesel to motorists.

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In a boost to rural communities, Beaver Dam, Wis.-based United Cooperative is offering E15 at 10 stations throughout Wisconsin. According to the Renewable Fuels Association, a total of 75 stations in 12 states now offer E15.

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Produced by BBI International, the forum will take place the day before the 2014 Fuel Ethanol Workshop and focus on the latest innovations in maximizing corn yields.

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The Brazilian Sugarcane Industry Association (UNICA) has announced it is projecting a cane crush of 580 million tons for the 2014/2015 harvest. This is a 16.94 million ton reduction from the 2013/2014 crush of 596.94 million tons.

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The Iowa Renewable Fuels Association recently applauded the Iowa legislature for voting overwhelmingly to pass Senate File 2344, showing a strong, bipartisan commitment to protecting Iowa biodiesel jobs and providing increased consumer access to E15.

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The U.S. Energy Information Administration has released the April issue of its Monthly Energy Review, which includes monthly ethanol production, net import and consumption data. The U.S. exported 2.05 million barrels of ethanol in January.

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Several states are joining the fight to take a legal dispute over California's low carbon fuels standard (LCFS) to the U.S. Supreme Court. On April 21, a group of 21 states requested a review of a lower court ruling that the LCFS is constitutional.

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Commodities: Future natural gas prices hang on inventory levels

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By Ben Straus, U.S. Energy Services

April 28, 2014

Natural gas storage inventories ended the traditional heating season at 822 billion cubic feet (Bcf), nearly 1,000 Bcf below the five year average level of 1,814 Bcf.

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April has provided a wild and volatile ride for ethanol markets. Prices moved sharply lower due to supply concerns easing across the country.

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The Scoular Co. and Vireol Bio-Industries LLC are pleased to announce their exclusive partnership at the revitalized ethanol plant in Hopewell, Va. Scoular will procure all the corn, operate the grain facility, and market the distillers grain.

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The Canadian government has announced plans improve rail safety, including the phase out certain railcars used to carry ethanol and crude oil over a three year period. Some DOT-111 railcars are being removed from dangerous goods service immediately.

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The California Energy Commission conducted a workshop aimed at alternative financing options and strategies to support the development and implementation of transportation technologies which reduces greenhouse gas and criteria emissions.

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The month prior to Easter was pretty quiet and the weather is just now abating enough to have folks thinking about planting in the near future in the Midwest. The focus for DDGS prices is still on logistics and slow rail movement.

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Commodities: Corn market continues bullish run

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By Jason Sagebiel, FCStone

April 24, 2014

The corn market has been on a bullish run since the January report. The carryout has continued to decline, as export demand continues to increase.

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