Impact of Biofuel Industry Expansion on Grain Utilization and Distribution: Preliminary Results of Iowa Grain and Biofuel Survey reports grower-to-processor direct trading sharply up

In Iowa, researchers from Iowa State University and the University of Tennessee are reporting that direct-to-processor corn sales, bypassing the grain elevator middleman, has sharply increased.

Their study, “Impact of Biofuel Industry Expansion on Grain Utilization and Distribution: Preliminary Results of Iowa Grain and Biofuel Survey,” reports that 27 percent of corn is now sold directly to processors, up from 13 percent in 1999. The report also found that 92 percent of corn purchased by Iowa ethanol and other corn processing plants comes from in-state, and is exclusively truck-delivered.

Free Subscription to the Daily Biofuels Digest e-newsletter

Related Stories

74 percent of Brits concerned about climate change, pollution in air travel, survey finds; 22 percent says it affects their plans

In the UK, a survey of British air travelers found that 74 percent were concerned about the climate and pollution impact of air travel but that 22 percent said it affected their travel plans. Among su...

Iowa Land Value Survey reports 22 percent jump in farm prices in 2007 as ethanol fuels land boom

Dr. Michael Duffy, an Iowa State University farm economist, released the 2007 Iowa Land Value Survey, which showed that acre of farmland prices have jumped more than 22 percent to a record high of $3,...

Receiver appointed for grain trader Olsen’s Mill after subsidiary files Chapter 11

In Wisconsin, a receiver was appointed over the assets of Olsen's Mill after the grain trading company's Renew Energy subsidiary filed for bankruptcy, citing $100 million in debt. The Wisconsin Bureau...

Heartland Grain Fuels secures $118 million in expansion financing

In South Dakota, Heartland Grain Fuels closed on a $118 million financing deal. The company secured $98.7 million in senior debt and $19 million in junior debt. The package will refinance the company...

The Andersons reports record income for third quarter; Grain & Ethanol Group revenues rise sharply

The Andersons, a diversified agribusiness that is a major ethanol producer and a component stock in the Biofuels Digest Indexâ„¢, announced record income for the third quarter of $10.6 million on ...

Golden Grain Energy to extract corn oil for biodiesel in JV with Best BioDiesel

In Iowa, Golden Grain Energy and BEST BioDiesel have proposed a joint venture, Corn Oil BioSolutions, to convert corn oil into biodiesel at the Golden Grain ethanol plant in Mason City....