Corn Ethanol Hangover

 

Debra Fiakas, CFA submits: The Department of Energy has the solution for the nation’s corn-ethanol hangover and it is not the “hair off the dogs back.” In December 2009, the DOE awarded $25.0 million to ICM, Inc. (private) to modify an existing corn-ethanol facility to cellulosic ethanol from switchgrass or energy sorghum. Kansas-based ICM is matching the grant with $6.3 million of its own cash. Complete Story »

Related

  • Biofuels submits:Poet LLC, the largest U.S. ethanol producer, last week kicked off the collection of corn cobs, leaves and husks to store the biomass needed for its Project Liberty cellulosic ethanol plant in Emmetsburg, Iowa. The 25 million-gallon-per-year plant, slated to begin production in early 2012, will convert corn harvest waste into ethanol, providing farmers with about 10% of additional revenue per acre and producing cellulosic ethanol with an 111% reduction in greenhouse gas emissions versus gasoline.

  • Greentech Media submits: By Joshua KaganCorn is dead. Long live corn? The last few years have been brutal for corn ethanol producers, largely because of high corn prices and lower gasoline prices. In 2008-2009, at least twelve major ethanol companies filed for bankruptcy, including the second largest producer, VeraSun (VSUNQ.PK).

  • Debra Fiakas, CFA submits: Yet another woody biomass project is the recipient of a Department of Energy biofuel grant made in December 2009. Logos Technologies based in Visalia, CA proposes to use switchgrass and woody biomass for - you guessed it

  • The Agriculture Department is moving to make it easier to grow genetically engineered corn for ethanol production, despite fears among safety advocates that some might end up in human food.

  • Biofuels submits:The ethanol market this week will focus on:- The corn market ahead of this Thursday’s key USDA Crop Production and WASDE reports. - Gasoline prices, which closed lower last week on the weaker-than-expected payroll data. - And whether ethanol demand can continue to absorb record production levels once the summer driving season winds down.Ethanol producer profit margins are being saved by strong ethanol-corn correlation

  • The EPA determines that corn ethanol--long ridiculed as a vote-getting farmer subsidy program that d

  • EPA mandate for more corn ethanol puts brighter sheen on the biofuel.

  • Greentech Media submits: By Joshua KaganThere have been a number of recent articles and reports that have come out attempting to quantify whether the various subsidies for first-generation biofuels, such as corn ethanol and soybean-derived biodiesel, make economic sense.

  • Biofuels submits:The ethanol market this week will focus on:- the corn market ahead of Monday’s weekly Crop Progress report, - gasoline prices, which rallied last week in sympathy with the stock market, and - the ethanol demand and inventory situation as reflected in Thursday’s monthly EIA ethanol report for May.CARD study paints much less dire situation if Congress does not extend ethanol tax credits

  • Biofuels submits:The ethanol market this week will focus on:

 
S&P 500: 1104.18 0.48% |FTSE: 5494.16 1.17% |Nikk.: 9211.92 1.23% |DAX: 6221.52 0.92% |HSI: 21127.061 -0.19% |
FX: EUR/GBP: 1.216 | USD/EUR: 1.2668 | JPY/USD: 84.065 | Commodities: Gold: 1246.60 | Crude - CLH09.NYM: 0.00 |