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U. S. Ethanol Sector Faces Grim Prospects

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Hard times have hit the once-robust U. S. ethanol sector amid the economic recession, with as much as 15 per cent of production capacity likely standing idle, USDA chief economist Joseph Glauber said Feb. 25. It was a sobering assessment of the fledging industry that was once bursting with optimism and financial gains as the
Opinion

Has ethanol’s boost to corn prices run its course?

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Recent news stories have been flush with reports about developments in cellulosic ethanol and other biofuels production. Maybe these reports help provide an understanding of why Informa Economics recently forecast corn prices below $3 with wheat prices below $4 and soybeans under $7. Let’s look at the biofuels news first and then see what implications
News

One-Fifth Of U. S. Ethanol Capacity Idled

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U. S. ethanol producer and grain processor Archer Daniels Midland Co. said Feb. 3 nearly 21 per cent of U. S. ethanol production capacity has been shut due to weak demand and poor margins. U. S. ethanol plants with a production capacity of 10.2 billion gallons per year are currently operating, down from a peak
News

U. S. ethanol industry wants diversification

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Developing non grain sources of ethanol should be a priority for the administration of President Barrack Obama, the U. S. Renewable Fuels Association says. Chairman Chris Standlee and CEO Bob Dinneen told reporters in a conference call that the Obama administration should provide loan guarantees for next-generation technologies to make the ethanol industry less dependent
News

In Brief… – for Feb. 5, 2009

Smaller Alta. beet crop costs Rogers: Shrinking sugar beet acreage helped bite deep into Rogers Sugar’s bottom line for the company’s first quarter. The Montreal income trust posted profit of $73,000 on $138.4 million in revenues for Q1 ending Dec. 31, down from $18.5 million on $173 million in the year-earlier period. Its gross margin
News

U. S. will fail to meet 2022 biofuels mandate

The United States will fall short of its federal mandate to blend 36 billion gallons per year of biofuels like ethanol into gasoline by 2022, the government’s top energy forecasting agency said Dec. 17. The 36-billion-gallon target of blending motor fuel alternatives, such as traditional ethanol made from corn and next-generation cellulosic ethanol made from
News

U. S. pipeline firms see ethanol in future

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U. S. companies are boosting efforts to see if shipping ethanol through pipelines can be a less expensive, safer alternative to sending it on trucks and trains. Kinder Morgan Energy Partners, one of the largest energy pipeline companies in North America, said in early December it has started sending batches of the biofuel through a
Country Crossroads

Pellet stoves offer heating options

The fire in a pellet stove can be easier to control and pellets are more convenient to use than logs. NDSU AGRICULTURE COMMUNICATION RELEASE Fluctuating energy prices cause some people to consider biomass stoves as a way to heat their homes. Biomass has been used as a fuel source since humans first discovered the ability
Dairy cattle, News

Vilsack to face food subsidy issues in top ag job

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Tom Vilsack, a former governor of the top corn-and soybean-producing state of Iowa, was set to be named next agriculture secretary by U. S. president-elect Barack Obama, Democratic officials said Dec. 16. Vilsack, a lawyer, will oversee one of the largest federal departments with 100,000 employees and a $95 billion annual budget, the bulk of
News

USDA supports new biofuels

Developers can apply for $320 million in loan guarantees to build plants that produce new-generation biofuels, the U. S. Agriculture Department said Nov. 19, with an eye to bringing the fuels to market. The loan guarantee program, created by the new U. S. farm law, is intended to speed commercial production of advanced biofuels. Corn

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