Ethanol prices rose to a 2½-year high Monday as a lack of rail cars continues to prevent the fuel from reaching refiners. At midday, ethanol for April delivery was up 1.71 cents, or 6%, at $3.020 a gallon, the highest price since July 2011, on the Chicago Board of Trade.
The Renewable Fuels Association released its annual 2014 Ethanol Industry Outlook and 2014 Pocket Guide to Ethanol providing an in-depth look at the current state of the ethanol industry at the National Ethanol Conference in Orlando, Fla.
Wisconsin farmers could receive much less for their corn this year as a bountiful harvest and reduced demand for ethanol threaten to drive prices down to some of the lowest levels in more than three years.
Both U.S. ethanol prices and production fell in 2012 compared with the previous year. And the chances are good that it won't get a whole lot easier for producers in the year ahead.
Last week's National Farm Machinery Show in Louisville was a good one, if for no other reason than the fact that it was hard to find anyone who was too worried about the coming year in agriculture.
Will the U.S. become a net exporter of oil by 2030? That's what I'm reading and it most certainly would have a major impact on farmers and farm equipment dealers and manufacturers.
New Holland, the latest NASCAR Official Partner, has served the needs of farmers and ranchers across North America for more than 110 years, and its equipment plays a critical role in the production of ethanol.
High levels of domestic corn-based ethanol production are projected to continue over the next decade, with about 36 percent of total corn use projected to go to ethanol production if current laws remain in effect and specific assumptions about macroeconomic and international conditions, weather, and government policies hold.
U.S. exports of denatured and undenatured (non-beverage) ethanol set a new monthly record of 152.5 million gallons (mg) in November, according to government data released this morning.
Americas ethanol industry has been in a state of rapid evolution since the beginning of 2000. Record-setting production, policy development, and market expansion have all moved forward with dramatic speed and helped to create the worlds largest, most efficient, most cost effective renewable fuels industry.
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