In Washington, analysis released by the National Corn Growers Association showed cash corn prices have declined by 16 percent on average, with several regions experiencing declines of more than 20 percent, since March 1 as a result of the COVID-19 pandemic. The analysis projects a $50 per acre revenue decline for the 2019 corn crop. […]
In the UK, Lloyd’s Register and the University Maritime Advisory Services (UMAS) have published their latest assessment of the current and future fuels available to shipping to help define the optimum solutions as the maritime industry seeks to reduce greenhouse gas emissions. Building on groundbreaking research already undertaken by LR and UMAS into Zero-Emission Vessels […]
In California, Pacific Ethanol, Inc. announced it has closed on its agreement to sell its 74% ownership interest in Pacific Aurora, LLC to Aurora Cooperative Elevator Company (Aurora Cooperative) for a total valuation of $52.8 million. After working capital adjustments and settlement of certain payables between the parties, the Company received at closing $20.2 million […]
In Washington, as the COVID-19 pandemic and crude oil glut continue to ravage world fuel markets, U.S. ethanol sales in 2020 could fall by more than $10 billion and the industry’s contribution to gross domestic product (GDP) could drop by nearly one-third, according to a new analysis released Monday by the Renewable Fuels Association (RFA). […]
In Minnesota, Granite Falls Energy said in an 8-K SEC filing that due to the continuing market situation resulting from economic impacts related to COVID-19, the company has decided to keep its ethanol plant shut for the remainder of April. When the company first decided to shut the plant on April 3, the expectation was […]
In India, the Press Trust of India reports the government has approved the use of surplus rice for ethanol production that will be used to make hand sanitizer as part of the ongoing battle against COVID-19. Ethanol from rice will also be allowed to be used for blending with gasoline. Sugar mills have fallen short […]
In California, Amyris announced that it has received approval from both Brazilian and Canadian regulators to expand its distribution of its fermented sugarcane Reb M, branded as Purecane zero calorie sweetener in the US to both of these countries. Purecane Brand Sweetener, also known as fermented sugarcane Reb M, is a no calorie and zero […]
In Malaysia, the Sun newspaper reports that CGS CIMB Research says suspending the roll out of the 20% biodiesel blending mandate as announced last week will likely have significant impacts on the palm oil industry next year when the loss in demand will be most strongly felt. With demand for B20 in transport and B7 […]
In Germany, UFOP reports that the issue of secure market supply is currently a topic of direct concern to consumers and is proof that international agricultural trade reaches its limit in crisis situations. The Union for the Promotion of Oil and Protein Plants (UFOP) demands that, when implementing the “Farm-to-Fork” strategy as part of the […]
In Washington, D.C., launched by Earth Day Network, the Wilson Center and the U.S. Department of State’s Eco-Capitals Forum, the Earth Challenge 2020 project creates a global expansion of open source citizen science data and opportunities for civic engagement. Using mobile technology and open citizen science data, Earth Challenge 2020 empowers people globally to monitor […]
