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Export Exchange results in $460M grain, coproduct sales

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By U.S. Grains Council

December 02, 2016

Markets Coproducts 

Buyers at this fall's Export Exchange struck deals to purchase an amount of DDGS equivalent to roughly 8 percent of last year's total U.S. DDGS exports.

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The European Renewable Ethanol Association (ePURE) regrets the European Commission's intentions to phase out, or significantly reduce, the use of conventional biofuels in Europe.

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Warm fall temperatures delay DDGS seasonal demand

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By Sean Broderick, CHS

November 29, 2016

With Thanksgiving behind us, and the Mississippi ready to close down in the “Cities, the winter months are here, but the weather has not yet caught up.

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The market seemed to be making a delayed shift to seasonal patterns during late October and early November as energy and ethanol prices started to turn lower based on growing supplies.

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Natural gas inventories hit record peak

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By Andy Huenefeld, Kinect Energy Group

November 29, 2016

Natural gas inventories hit record peak after starting from a baseline of more than 2.4 Tcf in March,

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Rex American Resources released third quarter financial results Nov. 29, reporting net sales and revenue of $116.3 million, up from $110.6 million in the third quarter of 2015.

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Corn market steady

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By Jason Sagebiel, INTL FCStone

November 29, 2016

Nov. 28--Corn production was determined to be 15.226 billion bushels as the national yield was last figured at 175.3 bushels per acre.

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Shell and Cosan have reached an agreement to strengthen the Raízen joint venture in Brazil through a change in its contractual structure that has transformed Raízen from a temporary to a permanent joint venture.

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On Nov. 25, the government of Canada announced plans to develop a low-carbon fuel standard that would require reductions in the carbon footprint of fuels supplied in the nation based on lifecycle analysis.

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UNICA, the Brazilian sugarcane industry association, recently released a crop update for the second half of October, reporting ethanol production in the south-central region during the period reached 1.3 billion liters (343.42 million gallons).

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Ethanol plant in Hungary plans expansion

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By Ethanol Europe Renewables

November 23, 2016

Pannonia Ethanol Zrt. recently announced it hsuccessfully completed a Euro 135 million credit facility agreement with a consortium of Hungarian banks. The facility will support expansion at the company's Dunafoldvar, Hungary biorefinery.

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ePURE was among a group of trade organizations that recently issued a letter to the European Commission strongly opposing any phase-out of European Union support for conventional biofuels produced in Europe from European-grown crops and feedstock.

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The U.S. Grains Council recently reported that USDA export data for September, which is the first month of the 2016-'17 marketing year, showed a dramatic increase in exports of feed grains in all forms.

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Grain exports are a bright spot in the current farm economy and can grow even further through outreach to the 95 percent of the world's consumers who live outside U.S. borders, leaders of the U.S. Grains Council said at a recent event.

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Biofuels operations under the right conditions can lead to improved household food security in developing countries, concludes a new study conducted by researchers in Ireland that reviews the limited development of biofuel production in Africa.

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On Nov. 14, Gevo Inc. released third quarter financial results, reporting the company produced approximately 145,000 gallons of isobutanol during the quarter, with approximately 240,000 gallons produced during the first nine months of the year.

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On Nov. 14, Gevo Inc. announced Alaska Airlines flew a flight using its cellulosic jet fuel. The company also recently announced that gasoline blended with its isobutanol is now being sold in Houston, Texas.

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What's in a Name?

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By Ron Lamberty

November 11, 2016

How consumers understand fuels is important in understanding the power of a brand for E15 sales, writes ACE's Lamberty in his column for the December print issue of Ethanol Producer Magazine.

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Nanoscale Blending

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By Debbie Sniderman

November 11, 2016

A California company develops nanotechnology combining ethanol with corn oil for a new blendstock that reduces diesel emissions. This article appears in the December print issue of Ethanol Producer Magazine.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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Pacific Ethanol sold a record 243.7 million gallons of ethanol during the third quarter of 2016. The increase reflected increased output from the company's eight plants and a 16 percent increase in third-party sales over the same period in 2015.

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