Articles tagged under: Ethanol
More Chinese Corn Purchases Could Narrow Local Basis
Published March 25, 2020
Corn basis is widening at ethanol plants as demand dries up. In the Northern Plains, basis widened by 5 to 10 cents in the last week. Bids range from 50 to 70 cents under the May futures contract, with ethanol…Ethanol Prices Remain Steady in Northern Plains
Published March 24, 2020
According to NDSU Extension bioenergy and bioproducts economist David Ripplinger, ethanol prices are still holding up in the Northern Plains. "Spot prices in the Dakotas and Minnesota are higher to the point where firms may still be breaking even. That's…Ethanol Producers Continue to Deal with Tight Margins
Published March 20, 2020
Renewable Fuels Association President Geoff Cooper told reporters on Thursday the ethanol industry is resilient. "We've pulled through extreme challenges and catastrophes before and we'll get through this one as well." Lower fuel demand and lower oil prices are impacting…Ethanol Economics Just Don’t Work
Published March 18, 2020
Corn demand is expected to continue to suffer as oil prices continue to move lower. Van Ahn and Company market analyst Kristi Van Ahn says the ethanol economics just don’t work. "Unleaded gasoline at the beginning of the year was…Lower Fuel Demand, Oil Prices Impact U.S. Ethanol
Published March 18, 2020
Lower fuel demand and lower oil prices are impacting the U.S. ethanol industry. NDSU Extension bioenergy and bioproducts economist David Ripplinger says there’s going to be a global economic slowdown due to the coronavirus. "When we saw this in the…Ethanol, Ag Groups Oppose Possible SRE Court Case
Published March 11, 2020
The Renewable Fuels Association, National Corn Growers Association, American Coalition for Ethanol and National Farmers Union are disappointed in the Justice Department’s decision to seek a delay in an important court case. The Tenth Circuit Court of Appeals was given…USDA Announces New Biofuels Grant Program
Published February 28, 2020
On Friday, the U.S. Department of Agriculture said it would provide $100 million in competitive, cost share grants for the new Higher Blends Infrastructure Incentive Program to help increase the number of fuel stations offering higher fuel blends. Ag Secretary…Higher Ethanol Blends Sought
Published February 28, 2020
Ethanol is a big driver for the corn market and North Dakota Corn Growers Association Vice President Paul Thomas says that may include higher ethanol blends. "We're looking at a low-carbon, high-octane fuel," said Thomas. Rather than the E10 standard…MN Lawmakers Considering State Ethanol Boost
Published February 27, 2020
Minnesota lawmakers are considering legislation to increase Minnesota’s biofuel standard to 15 percent ethanol. Minnesota Corn Growers Association Executive Director Adam Birr explains. "Certainly we've laid the groundwork with the infrastructure we've been building. E15 isn't a new product. We've…