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February 12, 2013
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The News Source for the Ethanol Industry

  Top Story 
 
  • U.S. ethanol exports in 2012 were second-highest ever
    Federal data indicate the U.S. shipped 55 million gallons of ethanol in December, the biggest monthly tally since July, writes Geoff Cooper, vice president of research and analysis for the Renewable Fuels Association. The U.S. exported 738.7 million gallons of the biofuel last year, down about 38% from the record high in 2011 but still the second-largest total ever, Cooper notes. The biggest destinations in 2012 were Canada, the U.K. and Brazil. EthanolRFA.org/The E-Xchange blog (2/11) LinkedInFacebookTwitterEmail this Story
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  Market Update 
  • Allowing more ethanol in fuel mix spurs economic growth
    Allowing the use of E15 in more vehicles or shifting to higher ethanol blends will be good for the U.S. economy and energy security, writes Maxx Chatsko. Increasing the ethanol blend rate is a proven economic booster, will help address overcapacity in the industry, will bolster the country's competitiveness as an exporter of ethanol and will help spur blending demand, Chatsko states. The Motley Fool (2/11) LinkedInFacebookTwitterEmail this Story
 
  • USDA expects corn crop to rebound from 2012 drought-hit season
    Based on early winter conditions, U.S. farmers will plant corn on 96 million acres this year, the second-biggest on record since 1944, according to a Department of Agriculture report issued Monday. The projected corn crop could reach 14.4 billion bushels, up 34% from the drought-reduced harvest in 2012 and 10% bigger than the existing record, the USDA said. Reuters (2/11) LinkedInFacebookTwitterEmail this Story
  • Abengoa to install ICM corn-oil technology at 2 ethanol plants
    Abengoa Bioenergy has signed a deal to use ICM's corn-oil recovery system at its ethanol plants in Madison, Ill., and Mount Vernon, Ind., starting later this year. "We are thrilled to collaborate with Abengoa Bioenergy to deliver corn oil extraction technology and support corn oil's expansion into higher-value co-products," said Brock Beach, ICM's director of sales and product management. DomesticFuel.com (2/11) LinkedInFacebookTwitterEmail this Story
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  Technology & Trends 
  • USDA sees slower demand growth for biofuel feedstocks through 2022
    Global demand for ethanol and biodiesel feedstocks is expected to keep growing through the next decade, but the pace of growth will be slower compared with recent years, according to a Department of Agriculture report issued Monday. The U.S., Brazil, EU member states, Argentina, Canada, China and Indonesia will continue to be the biggest market players, with their combined output expected to increase 40% through 2022, the USDA said. EthanolProducer.com (2/12) LinkedInFacebookTwitterEmail this Story
  Global Agenda 
  • Brazilian ethanol group calls for predictable energy policy
    Talk of cutting taxes in Brazil's ethanol industry is good news, but the government must draw up a broader energy plan to stimulate long-term investment in the sector, according to industry group Unica. "No one is going to go into new mill projects that take three years to mature unless they know what's going to happen down the road," said Adhemar Altieri, the group's communications director. The government should adhere to a predictable pricing system for gasoline instead of just "interfering at will," Altieri said. Platts (2/11) LinkedInFacebookTwitterEmail this Story
  • Prices favor ethanol production in Brazil, analysts say
    Brazilian ethanol prices last week climbed above raw sugar futures for the first time since April 2011, fueling expectations that sugarcane millers will devote more of their crop to making the biofuel than the sweetener next season. "If ethanol prices continue rising, millers may well prefer to produce ethanol and sell it in the domestic market, which will provide them with cash quicker," said Beatriz Pupo, an analyst for Kingsman. Bloomberg Businessweek (2/12) LinkedInFacebookTwitterEmail this Story
  • Massive cane crop, policies will lift Brazil's cane mills, analysts say
    A bumper sugarcane crop and favorable policies are expected to breathe new life into Brazil's cane mills, which have been languishing with narrow margins for several years, observers said. "Just a little more cane, and the industry's cup will be entirely full," said Carlos Eduardo Cavalcante, director of the bioenergy department of development bank BNDES. Brazil will produce more ethanol and sugar next season, but limited capacity and low sugar prices mean mills will likely favor ethanol production, analysts said. Reuters (2/11) LinkedInFacebookTwitterEmail this Story
  SmartQuote 
We spend our time searching for security and hate it when we get it."
--John Steinbeck,
American author


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