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December 12, 2012
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The News Source for the Ethanol Industry

  Top Story 
  • U.S. ethanol production uses less than 3% of global grain supplies
    The Department of Agriculture's latest World Agricultural Supply and Demand Estimates report pegs this season's average corn price at $7.40 per bushel, down from the previous estimate of $7.60, writes Geoff Cooper, vice president of research and analysis for the Renewable Fuels Association. U.S. ethanol producers are expected to use 7.8 million metric tons of corn, representing just 2.92% of global grain stocks and the lowest in five years, Cooper notes. Meanwhile, the amount of grain available for nonethanol purposes will be the second-highest on record, bested only by the amount in 2011, Cooper states. E-Xchange blog (12/11) LinkedInFacebookTwitterEmail this Story
  Market Update 
  • CBOT corn, ethanol retreat; NYMEX oil advances
    March corn settled at $7.28 per bushel Tuesday, down 2 cents, on the Chicago Board of Trade. January light sweet crude gained 23 cents to close at $85.79 per barrel on the New York Mercantile Exchange. January denatured ethanol shed 1.1 cents to end at $2.339 per gallon on the CBOT. Bloomberg Businessweek (12/11), MarketWatch (12/11) LinkedInFacebookTwitterEmail this Story
  Technology & Trends 
  • U.S. cellulosic biofuel output to climb nearly 20-fold in 2013
    Cellulosic biofuel production is expected to reach 9.6 million gallons next year, nearly 20 times more than the approximately 500,000 gallons this year, according to data gathered by the Energy Information Administration. KiOR, Ineos Bio and Abengoa are among the companies scaling up operations. "You're seeing the commercialization and the first wave of plants coming on," Novozymes North America President Adam Monroe said. Bloomberg (12/11) LinkedInFacebookTwitterEmail this Story
  • Algae.Tec's technology draws attention of Australian lawmaker
    Mike Kelly, Australia's parliamentary secretary for defense, toured Algae.Tec's algae-to-fuel facility in Shoalhaven, Australia. "The possibilities of this technology are extremely exciting. Their algae technology has almost no impact on the environment and could potentially eliminate emissions from coal-fired power stations," Kelly said. (12/11) LinkedInFacebookTwitterEmail this Story
  • Ethanol producers must find markets for byproducts
    Ethanol producers can combat losses by creating revenue streams for byproducts such as carbon dioxide, writes columnist Jim Lane. The nearly pure carbon dioxide produced from ethanol plants can be sold for beverage and medical use, as well as for enhanced oil recovery in aging wells. Stillage from ethanol production can be used to produce biogas, he writes. (12/12) LinkedInFacebookTwitterEmail this Story
  Global Agenda 
  • EU ends anti-subsidy inquiry on U.S. ethanol
    The EU has cleared a European Commission report "announcing the termination of the anti-subsidy proceeding" against U.S. ethanol. The ruling to close the inquiry without imposing tariffs will be finalized once it is published in the EU Official Journal later this month. Another probe, on the alleged dumping of U.S. ethanol in the EU market, is still ongoing and due to end in late February. Bloomberg Businessweek (12/11) LinkedInFacebookTwitterEmail this Story
  • Source: Indian oil firms to launch tender for ethanol
    India's state-run oil marketing companies are gearing up to launch a global tender for ethanol supplies as part of efforts to meet the country's 5% ethanol-blending rule, a source said. Officials of Indian Oil, BPCL and HPCL will meet with the country's oil ministry in the next several days to iron out details of the tender, the source said. The Economic Times (India) (12/12) LinkedInFacebookTwitterEmail this Story
  RFA & Member News 
  • National Ethanol Conference Sponsorship Opportunities Available
    Don't miss your opportunity to be a sponsor at the 18th Annual National Ethanol Conference in Las Vegas, Feb. 5 through 7, 2013 at the Wynn Las Vegas. Becoming a sponsor is one of the most effective ways you can connect your business with the ethanol decision makers. Sponsorship offers significant visibility and exposure, including reduced or free conference registrations, booth space in main traffic area, and ads in the onsite conference program. Deadline is Jan. 4, 2013. Get complete information on and download the official 2013 NEC Sponsorship Prospectus. Visit the conference site for more information. LinkedInFacebookTwitterEmail this Story

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