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Verasun tries to exit corn purchase contracts

Verasun which has filed for bankruptcy protection has asked the courts to terminate a number of its corn contracts, says ICIS news. (Disclosure: I work for ICIS. About ICIS) While the move would help Verasun get back on its feet, if the court agrees, it's going to be painful for farmers.

Posted to ICIS Blogs (Weblog) by Anonymous on 11-26-2008
Biofuels: is the cure worse than the disease?

Biofuels: is the cure worse than the disease? That is the question posed by Ron Steenblick, and Richard Doornbosch in a recent online publication.

Posted to ICIS Blogs (Weblog) by Anonymous on 11-21-2008
EPA may investigage corn ethanol's environmental credentials

The US Environmental Protection Agency, may start investigating the environmental benefits of corn ethanol processes, according to a post on Chemically Green , which quotes a letter from Friends of the Earth and others to the EPA. The thrust of the letter is that the EPA should consider all of the effects...

Posted to ICIS Blogs (Weblog) by Anonymous on 11-11-2008
Meatpackers say aid to ethanol plants would be unfair and discriminatory

US meat producers are saying in the Des Moines Register that aid to ethanol producers that are facing trouble because of movements in the price of corn over the previous year would be unfair and "would be a startling new development that discriminates in favour of one segment of American agriculture...

Posted to ICIS Blogs (Weblog) by Anonymous on 10-23-2008
Restaurants set to raise prices as corn cost feed through to plates

A number of US restaurant chains look set to rise prices this year as higher corn prices ripple along the supply chain, according to Huffington post . The key paragraph is buried towards the end of the article.... Part of the problem stems from protein producers' plans to cut back on production in...

Posted to ICIS Blogs (Weblog) by Anonymous on 10-14-2008
Corn estimates down in the US

The US Department of Agrculture has lowered its estimates of the volume of corn and soy that will be harvested this year. So 2008 will only be the second largest crop in history. It might have been higher if the weather had been better. That story's in the Des Moines Register . You should subscribe...

Posted to ICIS Blogs (Weblog) by Anonymous on 10-06-2008
Interview with Geoff Broin CEO Poet

The industrious chaps over at earth2tech have secured an email interview with Geff Broin, ceo of Poet industries which recently announced plans to build a cellulosic ethanol plant by the end of the year. He's a big fan of subsidies, and makes a good point about the economics of processed food. What...

Posted to ICIS Blogs (Weblog) by Anonymous on 09-18-2008
US on track to deliver second biggest ever corn crop

The US is on track to deliver the country's second biggest ever corn crop , according to numbers from the US department of agriculture and reported on ICIS news. (Disclosure: I work for ICIS: About ICIS ) My pal William Lemos' report says: The USDA said in its monthly report it expects 12.07bn...

Posted to ICIS Blogs (Weblog) by Anonymous on 09-15-2008
Poet to make cellulosic biofuel by year end

Poet LLC, formerly Broin, says it will be making cellulosic ethanol at a plant in Dakota by the end of the year , according to a report in Iowa Farmer Today. It looks like Poet will be using DuPont technology, under an agreement signed in 2006 to make the ethanol. Poet gained funding from the US Department...

Posted to ICIS Blogs (Weblog) by Anonymous on 09-11-2008
How to grow more corn: Plant it closer together

You might have noticed that there are a couple of conversations chuntering on in earlier post s. Mostly these deal with the ability to plant enough corn to sustain the US ethanol business and keep people fed at a reasonable price. Here's breakthrough that is stunning in its simplicity from Iowa Farmer...

Posted to ICIS Blogs (Weblog) by Anonymous on 09-04-2008

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