Archive for February, 2009

Ethanol industry feeling economic squeeze - KMEG 14

Ethanol industry feeling economic squeezeKMEG 14, IA - 5 minutes agoNow that gas prices and the price of ethanol have dropped, many plants still are using the $7 corn to make ethanol.

Ethanol, as a gold rush, has Achilles heel - United Press International

Ethanol, as a gold rush, has Achilles heelUnited Press International - 31 minutes agoEthanol prices are tied to the price of energy commodities, which have dropped sharply in the past year. Oil prices, for example, were at $147 per barrel in …

Acreage & Biofuels - CattleNetwork.com

Acreage & Biofuels
CattleNetwork.com, KS - 1 hour ago
The majority of biofuels production continues to be corn-based ethanol production. That will continue to be the case for the next few years.

How To Cook Using 99-Cent Ingredients - NPR

How To Cook Using 99-Cent IngredientsNPR - 3 hours agoAnd why, you ask, is the price of corn so high? Well, one word - ethanol. Mr. NORRIS: Here in this country we make ethanol use in corn. …

What you can do to save money - and more - Sparta Expositor

What you can do to save money - and moreSparta Expositor, TN - 5 hours agoUsing gasoline with 10 percent ethanol is a key component to lowering high gas prices and stretching petroleum supplies. Experts recently noted that ethanol …

Ethanol Blend May Increase, Despite Concerns - SustainableBusiness.com

Ethanol Blend May Increase, Despite Concerns
SustainableBusiness.com, NY - 5 hours ago
conversion of food stocks to fuel stocks, and lifecycle greenhouse gas emissions. But the industry insists that ethanol efficiency is improving,

AAA Michigan: State gas prices are up 6 cents - MLive.com

AAA Michigan: State gas prices are up 6 centsMLive.com, MI - 7 hours agoThe statewide average for biodiesel is $2.41 and $1.86 for ethanol. Dearborn-based AAA Michigan surveys 2800 Michigan gas stations daily.

Ethanol capacity outstrips demand - Arkansas Democrat Gazette

Arkansas Democrat GazetteEthanol capacity outstrips demandArkansas Democrat Gazette, AR - 9 hours agoBut since the summer, oil and gasoline prices have plunged, while the price of corn, from which virtually all commercial ethanol in this cou…

Dairy cows head for slaughter as milk prices sour - The Associated Press

The Associated PressDairy cows head for slaughter as milk prices sourThe Associated Press - 12 hours ago… drought that has increased the price and availability of alfalfa hay, and corn costs that have doubled because of competition from ethanol …

European Shares Move Lower In Early Trading - FOXBusiness

European Shares Move Lower In Early Trading
FOXBusiness - 13 hours ago
It's the same thing that makes the corn you ate at last summer¿s barbecue different from the corn used to produce ethanol. Stumped? Well, don't feel bad,

Judge Dismisses Pantry Suit against Citgo - CSNews Online

Judge Dismisses Pantry Suit against CitgoCSNews Online, NY - 14 hours agoThe switch last year by CITGO to an all-ethanol product slate at its Southeast terminals is part of the company’s ongoing efforts to comply with the federal …

Avicena Group, Inc., Northern Ethanol, Inc., Hydrogen Hybrid … - Trading Markets (press release)

Avicena Group, Inc., Northern Ethanol, Inc., Hydrogen Hybrid
Trading Markets (press release), CA - Feb 14, 2009
Northern Ethanol, Inc. is incorporated in Delaware and headquartered in Toronto, Ontario. The company's common stock is quoted on Pink Sheets under the

US weekly ethanol margins rise to above break even - Reuters India

US weekly ethanol margins rise to above break evenReuters India, India - Feb 13, 2009The ethanol crush spread rose about 5 cents to 29 cents a gallon, using the formula of the Midwest ethanol price, minus the corn price divided by 2.8. …

Despite Q4 loss, Nexen posts record 2008 profit - Calgary Herald

Despite Q4 loss, Nexen posts record 2008 profitCalgary Herald,  Canada - Feb 13, 2009But Nexen said it unwound the last of its unprofitable natural gas positions in January and expects to exit the ethanol and propane businesses by the end of …

Three Ethanol Pioneers That Could Profit Nicely - Seeking Alpha

KELOLAND TVThree Ethanol Pioneers That Could Profit NicelySeeking Alpha, NY - Feb 13, 2009The cost of corn plays a major part in squeezing profits – literally – from ethanol. Just when the industry was starting to take off, the price of c…

Study: 21B ethanol gallons doable by 2030 - The Money Times


The Money Times
Study: 21B ethanol gallons doable by 2030
The Money Times, India - Feb 12, 2009
Researchers said they assessed the feasibility, implications, limitations and enablers of annually producing 90 billion gallons of ethanol — an amount
Oil crosses over into the ethanol business MSN Money
Biofuels study sees 90 billion gallons by 2030 MSN Money
all 187 news articles

Ex-Broker From Canada Indicted in $26 Million Fraud - Bloomberg

Ex-Broker From Canada Indicted in $26 Million Fraud
Bloomberg - Feb 12, 2009
agreed to pay an undercover FBI agent a kickback to bribe brokers to purchase $10 million worth of Northern Ethanol stock, according to the statement.
Business news in brief Philadelphia Inquirer
all 3 news articles

The Chicken Coop Mortgage Bubble - Big Money

The Chicken Coop Mortgage Bubble
Big Money, NY - Feb 12, 2009
As it released weak second-quarter earnings, then-CEO Clint Rivers was loudly blaming ethanol subsidies for keeping feed costs high.

WASDE: Corn unchanged, sorghum for ethanol up - Ethanol Producer Magazine


Illinois Farm Bureau
WASDE: Corn unchanged, sorghum for ethanol up
Ethanol Producer Magazine, ND - Feb 11, 2009
ethanol use projections were up, the USDA lowered the estimates for sorghum feed and residual use by 10 million bushels, leaving projected ending stocks
Corn-price Estimates Down Slightly Pork Magazine
all 10 news articles

Great Call on Cisco! What's Next? - The Money Times


The Money Times
Great Call on Cisco! What's Next?
The Money Times, India - Feb 10, 2009
And while oil prices have tumbled and ethanol isn't on the tip of everyone's tongue anymore, some still see demand for biofuels as a potential driver for

Morby: Hard times facing ethanol industry - Wisbusiness.com

Wisbusiness.comMorby: Hard times facing ethanol industryWisbusiness.com, WI - Feb 10, 2009In the past few years, when ethanol prices were high and corn low, many plants made enough money to retire their debt early, he said. …

USDA lowers soybean stocks, keeps corn unchanged - Feedstuffs


Illinois Farm Bureau
USDA lowers soybean stocks, keeps corn unchanged
Feedstuffs, MN - Feb 10, 2009
Sorghum food, seed, and industrial use is projected 40 million bushels higher based on indications of increased sorghum use by ethanol plants in the
Grain Outlook: February WASDE CattleNetwork.com
* Traders await release Tuesday of USDA data (Updates to include guardian.co.uk
Wittal: USDA report expected bearish for corn Country Guide
all 77 news articles