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NDSU EXTENSION SERVICE New Energy Economics: Initial impact of E15 will be modest
by Cole Gustafson, Biofuels Economist For the past several years, the biofuel industry has been concerned with a blend wall that would arise if more ethanol was produced than could be sold as E10 (1...
Posted on 10/29/10 at 12:58 PM
STAFF BLOG AGWEEK Bankrupt ethanol co. wants refund from corn farmers
Worthington, Minn. Farmers in Minnesota and across the Midwest who had the bad luck to sell corn to a bankrupt ethanol company are now being asked to repay most of the money they earned. VeraSun, b...
Posted on 9/9/10 at 10:34 AM
Corn demand is strong
As of Jan. 24, the Global Forecast System model was not as wet as the European model for Brazil. Still, the weather situation in Argentina and Brazil is not as dire as it was a few weeks ago. A more regular rain pattern is noted with systems passing and producing rainfall every six to eight days. This should benefit the soybean crop, but damage to the corn crop is irreversible.
By Sue Martin , January 30, 2012
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Potential exports drive wheat higher
The corn market gained 25 cents last week with the strength in the wheat market. Rumors that Russia may put a tax on wheat exports and may even ban exports supported the wheat market which spilled over to corn. The strengthening export demand and a firming cash basis also offered support last week.
By Ray Grabanski , January 30, 2012
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Export market shows potential life
The corn market climbed back above the $6 level and gained 6 cents last week. Market support came from new export sales last week and the lack of farmer selling.
By Ray Grabanski , January 23, 2012
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USDA deflates bulls
Corn started last week trading with strength due to continued weather concerns in South America, primarily Argentina. But the gains were short-lived once USDA’s reports were released. USDA’s Final Crop Production report was not friendly for corn, as USDA raised 2011 U.S. corn yields and harvested acreage.
By Ray Grabanski , January 16, 2012
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Ethanol eats too much corn, livestock farmers complain
The amount of corn consumed by the ethanol industry combined with continued demand from overseas has cattle and hog farmers worried that if corn production drops due to drought or another natural disaster, the cost of feed could skyrocket, leaving them little choice but to reduce the size of their herds. A smaller supply could, in turn, mean higher meat prices and less selection at the grocery store.
By Michael J. Crumb , November 23, 2011
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