Ethanol RIN prices explode

Ethanol D6 RIN prices that had been $0.36 per RIN at the end of September 2015 rocketed to $0.97 per RIN by mid-July 2016.Now it has slowly settled into the $0.86–$0.88 range by mid-September 2016.

U.S. Beef Exports: January to August 2016

U.S. beef exports in August 2016 reached a volume of 75,236 metric tons (MT), increasing both year over year (27.6%) and relative to the previous month (4.9%) (see Figure 1). U.S. beef exports during August 2016 were valued at $480.990 million, up 11.5% and 5.5% relative to the same period last year and the previous…

U.S. Ethanol Consumption Sets New Records

The Weekly Petroleum Status Report released November 9, 2016 by the U.S. Energy Information Administration (EIA) indicates weekly U.S. refiner and blender net input of fuel ethanol was 923,000 barrels per day for the week ending November 4, 2016. The Weekly Supply Estimates from EIA shows the weekly U.S. product supplied of finished motor gasoline…

Top 3 Ways My Ag Internship Relates to Real Life

This past summer in-between semesters at Iowa State, I spent my time working as an intern with Decision Innovation Solutions (DIS). Having an internship is a requirement for my major of Agriculture Communications and I was lucky enough to land an internship as the company's Agriculture Communications Intern for 2016.

Brazil and Argentina Agriculture Summary

Brazil and Argentina play a large role in world corn and soybean markets. Brazil has seen a significant rise in corn production over the past 10 years, and soybean production has also been increasing steadily since about 1996 in both of these countries.

U.S. Farm Income: Latest Projection for 2016

U.S. net cash income (gross cash income minus cash expenses) and U.S. net farm income (total gross income minus total expenses) in the 2016 calendar year are forecast to decline year over in response to low commodity prices. The latest USDA-ERS's Farm Income and Wealth Statistics data published on November 30, 2016, indicates that compared…

Chinese Ethanol Production Outlook

The Chinese government recently indicated that the expected ethanol production will be 4 million tons (1.2314 billion gallons) per year for the next five years. Current ethanol production in China stands at 2.1 million tons (0.646 billion gallons) per year.

REAP Program Supports Energy Savings in Rural America

I was browsing through my seemingly endless stream of alerts and newsletters a few days ago and noticed a blog about the USDA Rural Energy for America Program (REAP). This program is part of the Farm Bill and it provides grants and loan guarantees for farms and rural businesses to improve or add energy saving…

Agriculture and Forestry – What’s it to Missouri?

Our reason for going to the conference was to report on the contribution of agriculture and forestry to the State of Missouri and each of its counties and federal congressional districts. The presentation I was able to give to the attendees was the culmination of about three months of pleasurable work in which we used…

U.S. Ethanol Production Sets New Record

According to the most recent Weekly Ethanol Plant Production report from the Energy Information Administration (EIA), U.S. ethanol production reached 1.049 million barrels per day for the week ending January 6th 2017. Correspondingly, weekly ending stocks of fuel ethanol are at 20.009 million barrels as published by EIA's Weekly Supply Estimates report.