U. S. Ethanol Sector Faces Grim Prospects

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

New Biofuels Seen Coming From Many Sources

New-generation biofuels will come from a wide range of sources and no single feedstock may dominate, a conference on second-generation biofuels organized by German commodity analysts F. O. Licht heard Feb. 13. Non-food plants and crops mentioned at the conference as possibilities for use in future biofuels range from corn husks, grasses and algae to


Ethanol Seen Taking Third Of U. S. Gasoline Market

The United States could replace nearly a third of gasoline consumption with ethanol mainly made from plant waste and special energy crops in about 20 years, according to a study released Feb. 10. Some 75 billion gallons of ethanol per year could be made from non-food cellulosic feedstocks, like wood waste and fast-growing grasses, and

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

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


One-Fifth Of U. S. Ethanol Capacity Idled

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



Sorghum gene map could lead to improved crops

Scientists have deciphered the genetic makeup of sorghum, a drought-tolerant crop and important food and biofuel source, and said the breakthrough could help develop better crops for arid regions. Sorghum is one of the world’s leading cereals, along with corn, wheat, oats and barley, and can thrive in hot, dry conditions other crops cannot tolerate.

Answer to fertilizer woes blowing in the wind, says researcher

Brandon Here’s an interesting experiment: On a hot day, open a six-pack of beer with your buddies and start drinking. When there’s only two left, observe the dynamics. The degree of thirst and the attitudes of the company present will determine how the situation gets resolved. That in a nutshell, describes the current global fossil


U. S. ethanol industry wants diversification

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

PotashCorp profit jumps:

Saskatoon-based PotashCorp reported a fourth-quarter profit that more than doubled to $788 million last Thursday and its shares surged even though it issued weaker-than-expected forecasts for 2009. The world’s biggest fertilizer company said it sees 2009 potash shipments flat with 2008 or slightly lower even though it expects increased global demand in the second quarter.