Distillers dried grains with solubles (DDGS) is the main co-product of corn ethanol produced in dry-mill plants. Since 2007, on average, 97.1% of total DDGS production has come from dry-mill ethanol facilities with the remaining 2.9% coming from beverage distilleries. For each bushel of corn (56 pounds) used to produce ethanol, about 17 pounds of…
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 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…
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…
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 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. 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…
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.
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…
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…
