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January 9, 2013
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The News Source for the Ethanol Industry

  Top Story 
  • Study: Corn, ethanol production added $12B to Mo. economy
    Corn and ethanol production contributed $12 billion to the economy of Missouri from 2000 through 2011, according to a study conducted by the University of Missouri and released by the Missouri Corn Growers Association. Corn and ethanol production in the state has generated more than $5 billion in labor income and more than $2.2 billion in tax revenue, said association CEO Gary Marshall. Brownfield (1/8) LinkedInFacebookTwitterEmail this Story
  Market Update 
  • CBOT corn, ethanol advance; NYMEX oil retreats
    March corn settled at $6.8875 per bushel Tuesday, up 3.25 cents, on the Chicago Board of Trade. Light sweet crude for February delivery shed 4 cents to close at $93.15 per barrel on the New York Mercantile Exchange. February denatured ethanol ended at $2.22 per gallon, up 1.5 cents, on the CBOT. Bloomberg Businessweek (1/8), MarketWatch (1/8) LinkedInFacebookTwitterEmail this Story
  • U.S. drought may drag on to planting season, experts say
    The historic drought that lifted U.S. corn and soybean prices last year may continue through at least spring, jeopardizing production that is crucial to boosting global stocks, weather forecasters said. "Unless there's a sudden change to very wet conditions, it sure looks like drought is going to be a feature going into the planting season, spring at least," said Bryce Anderson, an agricultural meteorologist at DTN. Bloomberg Businessweek (1/9) LinkedInFacebookTwitterEmail this Story
  • IRFA cheers Iowa governor's appointment as head of biofuels group
    The Iowa Renewable Fuels Association welcomed the appointment of Iowa Gov. Terry Branstad as chairman of the Governors' Biofuels Coalition. The IRFA will work with Branstad to increase the availability of E15 across the nation and fend off attacks against the Renewable Fuel Standard, said Rick Schwarck, the association's president. Brownfield (1/8) LinkedInFacebookTwitterEmail this Story
  • Ind. ethanol plant reports difficulty getting corn
    The Cardinal Ethanol plant in Union City, Ind., has had difficulty securing corn supplies, which may force it to cut or suspend production, the company said in a regulatory filing. "We anticipate that we will continue to experience such difficulties throughout 2013 due to the effects of competition for a limited 2012 corn crop and low carry," the company said. The Star Press (Muncie, Ind.) (1/7) LinkedInFacebookTwitterEmail this Story
  Technology & Trends 
  • UC Davis researchers report breakthrough in algae research
    Researchers at the University of California, Davis reported that they have genetically modified blue-green algae to produce chemicals that can be easily turned into biofuels and other bio-based products. The researchers successfully produced 2.4 grams of 2,3 butanediol per liter of growth medium from the algae, the biggest yield so far for bacteria-derived chemicals. United Press International (1/8) LinkedInFacebookTwitterEmail this Story
  • DuPont is optimistic about 2nd-generation biofuel projects
    DuPont Industrial Biosciences is working on two second-generation biofuel projects it believes it can commercialize, said Jan Koninckx, global director of biofuels. The company's corn-stover facility in Nevada, Iowa, which broke ground in November, will gather stover from up to 40 miles away, provided by about 100 farmers under contract. DuPont also has high hope for its Butamax Advanced Biofuels joint venture with BP, which will be the first such to produce isobutanol from corn using a genetically modified yeast, Koninckx said. (1/7) LinkedInFacebookTwitterEmail this Story
  • Low-cost feedstock may be key to cellulosic fuel commercialization
    Declining feedstock costs coupled with soaring oil prices may be key for cellulosic biofuels to reach the market, writes Jim Lane. Based on industry data, feedstocks would have to be priced at about $50 per ton to make cellulosic biofuels competitive, Lane notes. The creation of a "strategic feedstock reserve" could help ensure a steady supply of low-cost cellulosic feedstocks, Lane states. (1/8) LinkedInFacebookTwitterEmail this Story
  Policy Watch 
  • Tax-credit extension will help ethanol in Neb., industry official says
    Jon Holzfaster of the Nebraska Corn Board praised the extension of federal tax credits for the installation of alternative-fuels infrastructure. "It is a product that utilizes a renewable resource. It is friendly to the environment, and it actually saves the consumer money at the pump. We do not feel we really need to have an abundance of federal legislation behind us, but it is good to know that there is somebody back there that understands your industry and can do things that help the industry in providing that security of knowing you're not going to have the rug pulled out from underneath you," Holzfaster said. KNOP-TV (North Platte, Neb.) (1/8) LinkedInFacebookTwitterEmail this Story
  Global Agenda 
  • Brazilian ethanol exports bounced back in 2012, group says
    Brazil exported 805.7 million gallons of ethanol in 2012, higher than in 2010 and 2011, according to the London-based International Sugar Organization. Of the total in 2012, 541.5 million gallons went to the U.S., ISO said. "This follows a recent revival in the bilateral Brazil-U.S. ethanol trade, with Brazil able to ship large quantities of ethanol classed as advanced biofuel," said Leonardo Bichara Rocha, a senior economist for ISO. Reuters (1/8) LinkedInFacebookTwitterEmail this Story
  RFA & Member News 
  • Preliminary Agenda for NEC is Now Available
    The preliminary agenda for the 18th Annual National Ethanol Conference is now available. This year's program highlights how the ethanol industry continues to evolve to meet the demands of a rapidly changing marketplace. With the RFS under fire and recent natural environment setbacks, the global market-driven atmosphere in which the industry must compete comes with new challenges. Industry leaders and experts will address how we are meeting these new demands by accelerating innovation in technology, marketing, logistics and feedstocks for the production of advanced ethanol. Conference session highlights include: perspectives on the future of the RFS, expanding renewable fuels globally, co-product considerations, tax policies critical to the future of the industry, future fuels and higher octane, and a panel discussion on E15. Don't miss this opportunity. Register for the National Ethanol Conference today. LinkedInFacebookTwitterEmail this Story
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If you want to test your memory, try to recall what you were worrying about one year ago today."
--E. Joseph Cossman,
American entrepreneur and inventor

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