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California biofuel industry calls on state to allocate funding

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By BIODICO

May 25, 2016

Policy Business Markets 

California's biodiesel, ethanol and biomethane industries are calling on state legislators to allocate $210 million in the Governor's Greenhouse Gas Reduction Fund to incentivize in-state production of low carbon biofuels.

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In early May, I was informed that registrations for the 2016 International Fuel Ethanol Workshop & Expo were on pace to match our seven-year high mark. This column is published in the June issue of Ethanol Producer Magazine.

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Corn follows soy complex in May market

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By Jason Sagebiel, INTL FCStone

May 24, 2016

The late May corn market followed the soy complex amid production concerns in the Southern Hemisphere and a global vegetable oil deficit.

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The USDA has announced an ethanol trade mission to Mexico May 24-25. Acting Deputy Secretary Michael Scuse will lead a team of leaders in the U.S. ethanol industry to explore opportunities to expand each country's renewable energy sector.

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DDGS market boosted by soymeal prices, Chinese buying

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By Sean Broderick, CHS Inc.

May 23, 2016

With Memorial Day right around the corner, the DDGS market continues to be influenced by prices of soymeal and Chinese buying, and is up $15-25 per ton from last month.

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Strong gains developed in ethanol and RBOB gasoline markets through the month of May as firm buyer support kept corn futures near $4 per bushel in front-month contracts.

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Outlook for natural gas burn use this summer is ho

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By Andy Huenefeld, U.S. Energy

May 23, 2016

With the natural gas market currently in the midst of a lull in demand due to shoulder season, weather forecasts for the coming summer have come into focus.

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U.S. Grains Council staff and consultants recently conducted a program in Egypt to promote distillers dried grain with solubles (DDGS) in aqua rations. This program was done in conjunction with Mirasco, a USGC member company.

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On May 18, the U.S. EPA released a proposed rule to set 2017 renewable volume obligations (RVOs) under the renewable fuel standard (RFS), along with 2018 RVOs for biomass-based diesel.

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The Renewable Fuels Foundation has teamed up with fuel refining experts at MathPro Inc. to sponsor a five-part webinar series on ethanol's unique octane properties and its potential role as the octane source of choice in future fuels.

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Passion, leadership and vision are more important than gender in the work of three top managers. This article is published in the June issue of Ethanol Producer Magazine under the headline "Women at the Top."

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UNICA, the Brazilian sugarcane industry association, recently published a sugarcane harvest forecast for the 2016-'17 season, predicting the south-central region of the country will crush approximately 605 to 630 million tons of sugarcane.

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Gevo Inc. released first quarter financial results, focusing on progress made at Luverne since the restart of isobutanol production in mid-March, and announcing Alaska Airlines' first commercial flight using Gevo's ATJ fuel is scheduled in June.

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The U.S. EPA delivered a proposed rule to amend the renewable fuel standard (RFS) to the White House Office of Management and Budget on May 10. The rule is titled “Renewables Enhancement and Growth Support Rule.�

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Kum & Go will be offering E15 at more than 100 stores across the country by the end of the year. The company will be offering consumers a choice of E15 at pumps across 10 states and at about 30 locations.

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The U.S. Energy Information Administration recently released the May edition of its Short-Term Energy Outlook, predicting ethanol production will average approximately 980,000 barrels per day this year and next year.

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The $33.3 million first quarter 2016 revenue of California-based Aemetis Advanced Fuels was $4.3 million less than the company reported for the first quarter that ended March 31, 2015, Aemetis told investors during a May 12 conference call.

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A friend recently showed me a picture lamenting the passing of $7 corn and $12 soybeans. This column is published in the June issue of Ethanol Producer Magazine.

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U.S. exports of feed grains in all forms for September through March of this marketing year totaled 51.4 million metric tons, down 7 percent from the same period last marketing year, with higher exports of distillers dried grains with solubles.

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On May 10, a bill was introduced in the U.S. House of Representatives that aims to limit the total volume of ethanol contained in transportation fuel to 9.7 percent. Members of the ethanol industry have spoken out to criticize the legislation.

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On May 10, certified mechanics, engine performance experts and professional fishermen briefed federal lawmakers on the important of ethanol during an event on Capitol Hill hosted by Fuels America.

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Recognizing the importance of biofuels to energy and climate security, the U.S. Department of Energy has announced up to $90 million in project funding focused on designing, constructing and operating integrated biorefinery facilities.

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The European Commission has published a memo urging Portugal to comply with biofuel requirements under the Renewable Energy Directive. According to the memo, Portuguese legislation on biofuels contradicts the RED in two ways.

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The USDA National Institute of Food and Agriculture and U.S. Department of Energy have announced a joint investment of $10 million towards research that aims to drive more efficient biofuels production and agricultural feedstock improvements.

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EIA: Almost all US gasoline is blended with 10% ethanol

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By U.S. Energy Information Administration

May 05, 2016

Blends of petroleum-based gasoline with 10 percent ethanol, commonly referred to as E10, account for more than 95 percent of the fuel consumed in motor vehicles with gasoline engines.

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Pacific Ethanol Inc. has released first quarter financial results, reporting increased net sales, gross profit and adjusted EBITDA. The company also reported progress with improvements it is making to its ethanol plants.

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Project Liberty in Emmetsburg, Iowa, has produced and shipped several tank cars of cellulosic ethanol even as the plant is ramping up to its full 20 million gallon-per-year capacity.

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As Memorial Day weekend approaches later this month and people start heading out to the beaches and on the water, the Renewable Fuels Association is launching an ad campaign to correct misinformation regarding ethanol usage in marine engines.

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Valero Energy Corp. has released first quarter financial results, reporting the ethanol segment posted $9 million of adjusted operating income for the three-month period, down from $12 million during the same period of last year.

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In a tough environment for agribusiness, Archer Daniels Midland Co. reported first quarter earnings per share of 42 cents, down from 78 cents in the same period a year ago. Adjusted segment operating profit was $573 million.

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