In Germany, UFOP reports that in early March, the corona crisis led many market participants to act cautiously and sit back to observe further developments, but that attitude has changed completely in the past two weeks, as livestock farmers ordered large amounts of compound feed in mid-March, leading to an explosion in demand and increased […]
In Washington, D.C., U.S. Grains Council reports that 756,000 metric tons (29.8 million bushels) of U.S. corn sold to China the week ending March 19, 2020, demonstrated follow through on commitments made in the U.S.-China Phase 1 agreement signed in January and provided much-needed positive demand news for U.S. farmers. The single sale brought total […]
In Washington, D.C., the EIA released its Weekly Petroleum Status Report for the week ending March 27, which was the first to reflect more fully the impact on the ethanol industry from the social distancing and stay-at-home restrictions associated with COVID-19, showing the largest ethanol production decline since the EIA began reporting ethanol production statistics […]
In Indonesia, Argus Media reports that the country is delaying implementation of its 40% biodiesel blending (B40) program indefinitely because of the coronavirus pandemic. Trials were due to begin in March with a roll-out planned for 2021. “The government is eager to push higher blending mandates to reduce reliance on expensive foreign oil and support […]
In France, Amoeba, producer of a biological biocide capable of eliminating the risk in water and human wounds, and of a biocontrol product for plant protection, signed a Material Transfer Agreement with STÄHLER SUISSE SA and another MTA with BASF. The purpose of the BASF research partnership is related to the amoeba lysate Willaertia magna […]
In Washington, D.C., the Department of Energy is extending the application deadlines for the “BOTTLE: Bio-Optimized Technologies to Keep Thermoplastics out of Landfills and the Environment” funding opportunity. The funding opportunity was announced on March 16, 2020, and will support high-impact R&D for developing new plastics that are capable of efficient recyclability and improving recycling […]
Amidst a tsunami of wall-to-wall ‘Rona coverage, a series of storylines have been lost in the shuffle that will have impacts near and wide-ranging for the bioeconomy, some of them relating directly to testing, scale-up and deployment of health remedies — some in the broader bioeconomy. Out of reporter’s notebook and into your hands, here […]
In Washington, Biofuels International reports that Energy Information Administration data shows ethanol production suffered the largest week-on-week drop since the EIA began tracking 10 years ago as it fell to just 840,000 barrels per day last week, the lowest seen in six years and 16.4% lower than the week before, as the industry slows down […]
In Illinois, Platts reports Chicago Argo ethanol prices fell to a new record low of 84.8 cents per gallon earlier this week, falling from the previous low set on March 23, the fifth time a new low has been hit in the past three weeks. Demand for ethanol continues to slump as drivers stay home […]
In Colorado, Gevo announced the engagement of Citigroup Global Markets, Inc. to assist Gevo in exploring financing for its operations, including its projects. Gevo is seeking financing to expand its production capabilities to supply its renewable jet fuel and isooctane pursuant to Gevo’s “take or pay” contracts with Delta Air Lines, Inc. and HCS Group […]
