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U.S. Ethanol Production Follows Gasoline Demand; COVID-19 to Drop Corn Price to 2006 Levels

June 12, 2020 | Posted in Biofuels

Perhaps no commodity has felt the negative consequences of the COVID-19 pandemic more than ethanol, and thus corn, as gasoline usage declined dramatically during the stay at home restrictions took effect.

U.S. Ethanol Exports Fell in 2019 for First Time Since 2015

May 4, 2020 | Posted in Commodities

The United States exported 96,000 barrels per day (b/d) of fuel ethanol in 2019, the first annual drop in U.S. ethanol exports since 2015. Despite the decrease, total exports remained at the second highest level on record.

Trump Administration Drops Challenge to Court Ruling on Ethanol and SREs

March 25, 2020 | Posted in Biofuels

Farm groups and ethanol producers got a big win as the Trump Administration decide not to seek a re-hearing of a recent ruling by the U.S. Court of Appeals for the Tenth Circuit that struck down certain small refinery exemptions (SREs) under the Renewable Fuel Standard, according to a release from the National Corn Growers Assn.

EPA, USDA Announce Agreement to Maintain Biofuel Volume Requirements

October 4, 2019 | Posted in Commodities

U.S. Environmental Protection Agency (EPA) Administrator Andrew Wheeler and U.S. Department of Agriculture (USDA) Secretary Sonny Perdue report that President Donald Trump successfully negotiated an agreement on the Renewable Fuel Standard (RFS).

Slowing Ethanol Production Will Impact Corn Sales

September 20, 2019 | Posted in Commodities

With more than one-third (34.5%) of the annual U.S. corn crop used in the production of fuel ethanol, sooner or later, declining production of ethanol will be felt by corn growers; not necessarily a good trend for ag equipment makers or dealers.

Ethanol Imports, Exports Up in 2015

March 1, 2016 | Posted in Biofuels

The growth in corn ethanol use helped fuel the farm equipment boom between 2008-14. Exports of the fuel additive have contributed to its increasing use during this period as the U.S. exported the fuel to 35 different countries in 2015.

Dealers Split on Value of Ethanol to Industry, Economy

September 1, 2011 | Posted in Biofuels

Of the nearly 300 dealer responses, 52.9% said “Yes,” while the remaining 47.1% checked off “No.”

Ethanol Continues As a Major Driver of Corn Production, Pricing

July 1, 2011 | Posted in Biofuels

Corn ethanol will remain a major force in the production and pricing of the U.S. corn crop, with or without support of subsidies and tariffs.

Corn Ethanol Continues to Fuel Corn Demand & Machinery Sales, But Challenges are Mounting

July 1, 2010 | Posted in Biofuels

With ethanol using slightly more than one-third of all corn produced in the U.S., it has been the single largest factor in rising prices for corn in recent years.

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In this episode of On the Record, brought to you by Associated Equipment Distributors, we look at AGCO’s plans for its precision business and its 2029 targets. In the Technology Corner, Noah Newman talks with Eis Implement’s precision team. Also in this episode, the interest savings dealers could see with the latest rate cut by the Fed and a look at the used 100+ horsepower tractor market.

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