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December 11, 2012
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The News Source for the Ethanol Industry

  Top Story 
  • U.S. ethanol output rose to 5-month high in late November
    U.S. ethanol output ramped up to 835,000 barrels per day in the last week of November, up 4% from the prior week and the highest level in five months, CME Group said. The increase suggests "plentiful supply of newly harvested corn even though profit margins remain poor," CME said. Supplies of the fuel swelled to 19.34 million barrels, the most in four months and up 7.8% from the same period last year. Live Trading News (Singapore) (12/11) LinkedInFacebookTwitterEmail this Story
  Market Update 
  • U.S. corn exports tumbled at November's end
    U.S. corn exports slipped to 292,800 metric tons in the week that ended Nov. 29, down 21% from the week before and 16% below the average of the previous four weeks, according to the Department of Agriculture. The biggest buyers were China, Japan and Mexico. U.S. corn exports for the current marketing year are 46% below the comparable period last year, the USDA said. The Des Moines Register (Iowa)/Green Fields blog (12/10) LinkedInFacebookTwitterEmail this Story
  • Veteran automotive-repair expert debunks myths about ethanol
    The ethanol industry has a powerful ally in Bobby Likis, an automotive-repair expert who has hosted a car-talk program for 21 years and has operated an automotive-repair shop for 41 years, writes Susanne Retka Schill. In his 41 years in the industry, Likis says he has never seen ethanol damage a car engine, Retka Schill notes. "People say ethanol ruins engines. I would say people ruin engines, not ethanol," she quotes Likis as saying. Blog (12/10) LinkedInFacebookTwitterEmail this Story
  Technology & Trends 
  • Expert: Advanced-biofuels gap in RFS to spur demand for biodiesel
    Soybean growers stand to benefit from the gap in the advanced-biofuels portion of the Renewable Fuel Standard, which is expected to boost production of biodiesel, said Scott Irwin, a professor at the University of Illinois, during a presentation Monday at the Illinois Farm Economics Summit. Meanwhile, University of Illinois professor Darrel Good projects the average price of corn in the 2013-2014 marketing year will fall between $4.75 and $5.50 per bushel amid expectations of increased production in the U.S. and Argentina. The News-Gazette (Champaign-Urbana, Ill.) (12/10) LinkedInFacebookTwitterEmail this Story
  • Group pushes for fuel interchangeability
    If the U.S. can cut its oil use by half over the next decade, oil prices will drop below $50 per barrel, according to software entrepreneur Eyal Aronoff, co-founder of the Fuel Freedom Foundation. His group says the U.S. can meet such a goal by giving consumers more fuel options at the pump, including ethanol, methanol and natural gas. The Guardian (London) (12/10) LinkedInFacebookTwitterEmail this Story
  • Cellulosic ethanol moves closer to the market
    Advancements made by DuPont, LanzaTech and Fulcrum BioEnergy toward commercializing advanced biofuels indicate a growing confidence in the industry, executives said. However, cellulosic-ethanol developers should not get ahead of themselves, said Erik Hoover, an analyst at Cleantech Data. "A certain amount of experimental or proof-of-concept construction has to happen, but it's not going to produce inexpensive [cellulosic] ethanol for a long time," he said. Chemical & Engineering News (12/10) LinkedInFacebookTwitterEmail this Story
  Global Agenda 
  • $146.5M sugarcane-to-ethanol plant opens in Philippines
    Green Future Innovations -- a joint venture by Japan's Itochu, JCG, Philippine Bioethanol and Energy Investments, and Taiwan's GCO -- opened its biorefinery in the Philippines' Isabela province last month. The $146.5 million plant has the capacity to deliver about 13.2 million gallons of ethanol annually from sugarcane as well as generate 19 megawatts of electricity. "Our target for this year is to produce about 80 percent of the [ethanol plant's full] capacity," said President and CEO Reynaldo Bantug. Philippine Daily Inquirer (12/10) LinkedInFacebookTwitterEmail this Story
  RFA & Member News 
  • NEC Speakers Announced; Registration Deadlines Approaching
    Prominent industry leaders and experts have been confirmed to speak at the 18th annual National Ethanol Conference, addressing the most pressing issues affecting the ethanol industry. View the latest agenda and learn who will be presenting vital ethanol information at this highly visible industry event. Conference session highlights include: perspectives on the future of the RFS, expanding renewable fuels globally, coproduct considerations, tax policies critical to the future of the industry, future fuels and higher octane, and a panel discussion on E15. View a list of registered attendees to date.

    Don't miss this opportunity. Register for the National Ethanol Conference and book your hotel reservation before Jan. 19 and save $100 on the registration fee.

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