Articles tagged under: Ethanol
Keeping a Close Eye on Ethanol Demand
Published May 13, 2020
Ethanol demand has been the biggest driver of the corn market. That's why the weekly report from the Energy Information Administration is being closely watched by traders. The latest report shows ethanol production for the week ending May 8 at…Ethanol Demand Surprises Trade
Published May 12, 2020
An increase in ethanol demand in the USDA May Supply and Demand report surprised traders. "The markets didn't see the bear get fed in the U.S. figures," said Mike Zuzolo, president, Global Commodity Analytics and Consulting. "What really surprised me…May USDA Report Released Tomorrow
Published May 11, 2020
On Tuesday, the USDA will release the May Supply and Demand report. This is the first month the agency forecasts in the new crop marketing year. The USDA will also update old crop demand numbers. NDSU Extension Crops Economist and…Analysts Prepare for an Ugly May USDA Report
Published May 7, 2020
Traders are preparing for a very large corn carryout number in the May Supply and Demand report from USDA. "The corn numbers are going to be bearish and even shockingly bearish," says Joe Vaclavik, president, Standard Grain. "In May, the…More Help Needed for Farmers in COVID-19
Published May 4, 2020
South Dakota Farmers Union president Doug Sombke says farmers and ranchers need something more than direct payments to steer through the impacts of the coronavirus pandemic. "Farmers need to be able to have an inventory management and soil enhancement mechanism…ND Ethanol Plants Adjust to Fuel Demands
Published May 4, 2020
Ethanol plants in North Dakota are adjusting to the retraction in fuel demand. "We've seen ethanol prices in the cents as opposed to dollars," explained Jeff Zueger, CEO, Midwest AgEnergy. "Ethanol futures traded as low as 70 cents and are…Loan Guarantees and Interest Buydowns for ND Ethanol Plants
Published May 1, 2020
The North Dakota Industrial Commission has approved a $50 million loan guarantee and interest buydown program for the state’s ethanol industry. With ethanol plants shutting down across the country, the North Dakota Ethanol Producers Association said this program will help…Another Economic Stimulus Package Being Discussed
Published April 24, 2020
Discussions on a fourth coronavirus stimulus package are underway. For agriculture, the big debate could be structuring more aid for the industry moving forward. "Some people will look at getting more funds for the Commodity Credit Corporation, others will prefer…Unusual Times Continue for U.S. Ethanol Industry
Published April 22, 2020
Renewable Fuels Association chief economist Scott Richman says the recent oil market decline is a sign of these unusual times. "It's reflective of the demand destruction for transportation fuels," says Richman. "It's hard to get supply and demand in balance."…