The Renewable Fuels Association (RFA) and CN Railway will co-host two Ethanol Safety Seminars in Wisconsin. The Stanley seminar will be held on Tuesday, April 16th at the Stanley Fire Department, also co-hosted by ACE Ethanol, LLC. The Wisconsin Rapids seminar will be held on Wednesday, April 17th in the auditorium of Mid-State Technical College, also co-hosted by Big River Resources Boyceville, LLC.
Preliminary data on Renewable Identification Number (RIN) generation issued by the US Environmental Protection Agency (EPA) showed a m/m increase in demand for FAME with hydrotreated vegetable oils (HVO) and fuel ethanol declining slightly.
Y/y, Jan/Feb 2013 demand for FAME and HVO and cane ethanol is up sharply, the data on RIN generation imply, with corn ethanol falling by more than 300 mln gallons.
The centre will bear an additional annual subsidy of Rs2,600 crore on account of decontrolling the sugar sector for two years, finance minister P Chidambaram said today.
The additional subsidy burden comes at a time when the country's fiscal deficit is estimated to have barely been brought down to levels around 5.2 per cent of its gross domestic product (GDP).
New Delhi, Sugarcane growers are divided over the impact of the partial decontrol measures announced by the Government on Thursday.
The farmers in the North, especially Uttar Pradesh, are sceptical over the sugar factories passing on the gains to them arising from the removal of the levy system. This is even as total cane arrears across the country in the current sugar year increase to over Rs 10,694 crore, with Uttar Pradesh accounting for over half of it at Rs 5,800 crore, followed by Karnataka and Tamil Nadu.
The cost of complying with a federal mandate to use corn ethanol in fuel has risen sharply in the past few months, putting a squeeze on oil refiners.
The price of each credit that refiners need under the law topped $1.00 Friday, up from just a few cents last year.
"Eventually that cost is going to get passed along," said Bill Day, a spokesman for Valero Energy Corp., VLO -2.32% which sells gasoline to about 5,000 filling stations in the U.S.
When Cristin Couzens went on the hunt for evidence that Big Sugar had manipulated public opinion, she had no idea what she was doing. She was a dentist, not an investigative reporter. But she couldn't let go of the nagging suspicion that something was amiss.
Fuel is plentiful, but long drought could cut supply
ST. LOUIS — The persistent drought is taking a toll on producers of ethanol, with corn becoming so scarce that 20 ethanol plants have halted production.
The Renewable Fuels Association, a trade group, provided data showing that of the nation’s 211 ethanol plants, 20 have ceased production over the past year, including five in January. Most remain open, with workers performing maintenance-type tasks. But ethanol production probably won’t resume until after 2013 corn is harvested in late August or September.
North Dakota’s congressional delegation applauded Friday the Environmental Protection Agency’s certification of a new ethanol plant planned for the Jamestown area.
The EPA’s Renewable Fuel Standard-2 certification for the plant clears the way for Great River Energy to begin seeking financing for the Dakota Spirit AgEnergy facility planned for the Spiritwood Energy Park about 10 miles east of Jamestown. The plant has a construction estimate of about $130 million and will convert 23 million bushels of corn into 65 million gallons of ethanol per year.
Magnum has come out with its report on sugar sector. According to the research firm the sugar year 2012-13 seems to be negative for sugar industry as costs of sugar production in the year will be higher than 2012 due to increase in sugarcane costs by 16%-17% over the last season.
The persistent U.S. drought is taking a toll on producers of ethanol, with corn becoming so scarce that nearly two dozen ethanol plants have been forced to halt production.
The Renewable Fuels Association, an ethanol industry trade group, provided data to The Associated Press showing that 20 of the nation's 211 ethanol plants have ceased production over the past year, including five in January. Most remain open, with workers spending time performing maintenance-type tasks. But ethanol production won't likely resume until after 2013 corn is harvested in late August or September.
After more than 50 years of declining food prices, ethanol subsidies and mandates have caused a dramatic rise in U.S. food prices since 2005, data from the U.S. Department of Agriculture show.
The data were pulled together in a new study by FarmEcon LLC, an agriculture and food industry consulting firm.
Historical Price Trends Snapped
For more than half a century, from 1950 through 2005, U.S. consumers benefited from gradually declining food prices. Since 2006, however, prices have sharply risen, with a typical family of four now paying $2,055 more in food bills than would be the case if costs had kept to the 1950-2005 trend line.
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