Ethanol
In his opening statements, Rep. Dusty Johnson (R-S.D.) set the tone for the meeting, saying “a better, more sustainable future won’t come from the harsh, scolding voices of the naysayers.”
Archer Daniels Midland Company said on Tuesday it had signed a letter of intent with Wolf Carbon Solutions to build a pipeline that would capture and transport carbon.
Dr. Pat Westhoff joins AgriTalk’s Chip Flory to share his spin on the latest trends in crop markets, livestock outlooks and projections for net farm income.
The U.S. oil industry is seeking to forge an alliance with the nation’s corn growers and biofuel producers to lobby against the Biden administration’s push for electric vehicles.
In the Trump Administration’s final hours, the EPA granted two small refinery exemptions to the Renewable Fuels Standard (RFS) and appears to have reversed a previous denial.
With just eight days left in EPA Administrator Andrew Wheeler’s term, RFA president and CEO Geoff Cooper weighs in on worst-case scenarios and his optimism about the new administration.
Since March 13, ethanol production dropped by about 46%, and idled or reduced production capacity is at or above 50% of normal, according to University of Illinois. Last week production fell to 563,000 barrels a day.
W2 Fuel, a southeast Iowa biodiesel plant, has shut down in response to the unclear future for the Renewable Fuels Standard (RFS). The Crawfordsville, Iowa plant produced 10 million gallons of biodiesel annually.
POET officials say the process to idle the plant will take several weeks, after which the plant will cease processing of over 30 million bushels of corn annually.
Tim Urban of Bracewell Technologies has advocated for clients on business tax issues, extension of temporary tax provisions, and federal tax policies within the energy sector.
China committed to buying 200 million gallons of ethanol during the first half of 2021. If the commitments turn into shipments, it would mark the largest annual purchase for U.S. ethanol ever.