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Author Topic: Latest facts on corn and ethanol production. Back to Topics
goldseeker

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West Virginia

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Message Posted: May 4, 2012 7:30:43 AM

National Weekly Ethanol Summary USDA Livestock & Grain Market News for the week of April 27th
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reb4
Champion Author Chicago

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Message Posted: Dec 29, 2012 10:32:58 PM

ethanol price is right around what the price was last year. But Corn is higher as well as distillers grain...
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huskers8780
Rookie Author Nebraska

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Message Posted: Dec 26, 2012 4:51:03 PM

Corn to make ehanol is cattle feed which they still get to use it for. It is not food for humans.
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emtrob2012
All-Star Author Myrtle Beach

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Message Posted: Dec 21, 2012 8:43:49 PM

corn is for food...not gas !!
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SilverStreaker
Champion Author Twin Cities

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Message Posted: Dec 21, 2012 6:24:22 PM

reb4, don't worry, it's just preparations for the end of the world.
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reb4
Champion Author Chicago

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Message Posted: Dec 21, 2012 3:55:22 PM

Sure looks like ethanol prices are much higher in Minnesota...

Wonder why...
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reb4
Champion Author Chicago

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Message Posted: Dec 14, 2012 1:44:14 PM

"MTBE has the same effect on fuel economy. Did you complain about MTBE?"

Gee, this sure sounds familiar, where have I heard THAT before...

Looks like prices remain steady near what they were last week...

Good info.

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SoylentGrain
Champion Author Illinois

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Message Posted: Dec 12, 2012 8:10:01 AM

"Ethanol is gas makes it burn op quicker, making drivers get worse gas mileage. "

MTBE has the same effect on fuel economy. Did you complain about MTBE?

"Another thing that didn't help this year was the drought that many corn farmers faced. This dwindled to corn supply, making the cost for human consumption of corn to raise and well as gas prices. "

The price of commodities is dependent, of course, on supply and demand and the value of the US dollar. While more corn is processed by ethanol producers, more corn is grown to meet demand. If you take note, all commodities have increased in price, due to the declining value of the US dollar. It's not all due to ethanol production.

As far as the impact on food prices, one of the main products of ethanol production is animal feed. When animal producers feed livestock distillers grains, it allows them to use about 10% less feed overall.

The sky is not falling.

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Bowgirl94
Rookie Author Spokane

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Message Posted: Dec 8, 2012 12:53:38 AM

The government requires that they be a certain percentage of ethanol in our gases. Ethanol is gas makes it burn op quicker, making drivers get worse gas mileage. That isn't helping anyone in this economy. Another thing that didn't help this year was the drought that many corn farmers faced. This dwindled to corn supply, making the cost for human consumption of corn to raise and well as gas prices. Too bad there isn't a petition out to require no ethanol is fuel.
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reb4
Champion Author Chicago

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Message Posted: Dec 7, 2012 4:33:52 PM

I have to say, with Corn prices at record highs and over a $1.50 or more higher than last year, it's a credit to the ethanol industry that they have become so efficient in pricing the product below what they had a year ago.

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stickyvalves
Champion Author Iowa

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Message Posted: Dec 5, 2012 10:40:33 AM

It is December! Why the standing corn yet?
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goldseeker
Champion Author West Virginia

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Message Posted: Dec 3, 2012 3:13:37 AM

Still a lot of corn in my area that needs to be harvested.
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cools1611
Champion Author Providence

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Message Posted: Dec 2, 2012 7:07:10 PM

Something interesting to make us understand lot of facts.
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SoylentGrain
Champion Author Illinois

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Message Posted: Dec 1, 2012 3:35:51 PM

"Also, a nice jump in Archer Midland Daniels .The major source o ethanol from corn."

ADM holds 10% market share. The bulk of ethanol production is by dozens of venture capital backed or small private enterprises.
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reb4
Champion Author Chicago

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Message Posted: Dec 1, 2012 1:51:28 PM

prices remain firm or slightly up for ethanol, ddg, and of course corn...

Nice report...
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borsht
Champion Author Oakland

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Message Posted: Nov 23, 2012 5:05:08 PM

Also, a nice jump in Archer Midland Daniels .The major source o ethanol from corn.
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reb4
Champion Author Chicago

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Message Posted: Nov 23, 2012 4:13:10 PM

Nice little jump in corn prices after epa officialy indicated they would not waive the rfs requests.
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crmedic
Champion Author Arkansas

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Message Posted: Nov 6, 2012 8:06:40 AM

ok
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reb4
Champion Author Chicago

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Message Posted: Nov 5, 2012 8:32:33 AM

yes it is fogcityspotter.
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FogCitySpotter
Champion Author San Francisco

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Message Posted: Nov 3, 2012 6:33:20 AM

Interesting disconnect on prices
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tropicalmn
Veteran Author Minnesota

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Message Posted: Nov 2, 2012 4:40:44 PM

"See prices are still high for Corn, ddgs, but thankfully price for Gallon of ethanol is low. Wonder how that works?"

To give a very simple generalized answer,if the ethanol plant is able to sell mainly dried distillers (Distiller Grains 10% Moisture) they are probably doing okay.If the ethanol plant doesn't have a drying system or a drying system not capable of drying all of there distillers grains (selling Wet cake -Distiller Grains 65% Moisture) they are probably loosing money at the moment.
Comparing ethanol plants is often like comparing apples to oranges.
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reb4
Champion Author Chicago

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Message Posted: Nov 2, 2012 2:58:53 PM

See prices are still high for Corn, ddgs, but thankfully price for Gallon of ethanol is low. Wonder how that works?

WEOH, why do you put your prius away when salt hits streets?I have noticed my mpg is dropping a little with cooler weather, but am not to concerned about it, still well about 50's. And my wife uses the vehicle running defroster all the time so its not a big issue. Still better than her using her 2009 corolla getting 33mpg (gas guzzler...:-)

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WE0H
Champion Author Twin Cities

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Message Posted: Nov 2, 2012 11:24:51 AM

Darn link changed or something. Oh well. You guys know my thoughts on moonshine for fuel. Interesting discovery this week since the road salt is not here yet and I get to drive my Prius some more before putting it away for the winter, I found my E85 converter is adding too much fuel as my Short Term Fuel Trim is showing the car's computer cutting back the injector pulse width quite a bit. I knew it was running a bit rich when it was 70 or so degrees outside air temp but it really shows it rich in the 40 degree temps this week. I see -23 at start up and frequent negative numbers while cruising down the road. I will lean it down a couple steps and see if I can get it to run at 0 mostly. Using a ScanGauge II for monitoring if your wondering :) The car still is pulling over 40 mpg but it can be better in these cooler temps.
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SilverStreaker
Champion Author Twin Cities

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Message Posted: Nov 1, 2012 9:50:57 PM

WEOH, did you mean to post:
Minn. Farmers Wrap Up Harvest Ahead of Average "As of Sunday, corn was 98 percent harvested, compared with 89 percent last year and 58 percent for the five-year average."

or MDA: Ethanol Generates $5 Billion for Economy "The department's report says ethanol supported more than 12,600 jobs and added $912 million to the value of the state's corn crop in 2011."
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ber5
All-Star Author Chicago

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Message Posted: Nov 1, 2012 8:56:41 PM


weoh, the link is to a promo... is that what you meant to post?
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WE0H
Champion Author Twin Cities

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Message Posted: Nov 1, 2012 7:40:36 PM

http://kstp.com/article/stories/s2820100.shtml

Let the haters choke on that story :)
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reb4
Champion Author Chicago

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Message Posted: Oct 31, 2012 10:33:30 PM

SilverStreaker, yea, but so little e85 is sold, it's far less than 1/10th of 1 %

GM1954, "Did you make the claim the mandate for MTBE subsidized the oil industry? I bet not."

GM1954, did the federal government mandate the use of mtbe be used as a means to subsidize the chemical industry?

Wasn't the purpose of MTBE to be used to increase octane and as an way to raise the oxygen content of gasoline?

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SilverStreaker
Champion Author Twin Cities

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Message Posted: Oct 31, 2012 9:50:35 AM

Using reb4's logic, gasoline is "subsidized" 15-30% in E85.
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GM1954
Champion Author Illinois

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Message Posted: Oct 31, 2012 8:48:24 AM

"but this is all based largely upon the mandate which is subsidizing this industry "

You are playing loose with the term subsidy. The mandate is not spending tax dollars to the ethanol industry. Did you make the claim the mandate for MTBE subsidized the oil industry? I bet not.

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reb4
Champion Author Chicago

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Message Posted: Oct 31, 2012 8:40:38 AM

but this is all based largely upon the mandate which is subsidizing this industry
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GM1954
Champion Author Illinois

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Message Posted: Oct 30, 2012 11:43:13 PM

How long would that hold? As long as everything in the market remains static, which is almost never. But, if all market variables remained the same and demand increased and production followed, price would remain constant.

The thing that most people don't realize is ag commodities play in a very dynamic market. A large part of price is subject to the value of the US dollar. As the value of the dollar drops, gold, oil, corn all increase in price. So, the next time you hear "quantitative easing," think about increased corn prices.

It's much more complex than "more ethanol means less food." In fact, the past 10 years of ethanol growth is an outstanding example of how US farmers kept pace with the demand of a new market.
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tdioiler
Champion Author Detroit

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Message Posted: Oct 30, 2012 8:20:15 PM

short-term micro economics would probably hold true like GM1954 saws.

But for how long would that hold? And wouldn't the reverse then hold true when the mandates takes corn production up???
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GM1954
Champion Author Illinois

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Message Posted: Oct 26, 2012 9:03:16 PM

"We could then go back to cheap corn for feed and dinner tables . "

Doesn't work that way. If the demand drops for corn, corn production drops and price remains at a level where a small profit can be made.

Kudzu, by the way, produces a low yield of carbohydrate. What this means is you get less ethanol than corn and no animal feed. With corn, you get both a high yield of ethanol and a lot of animal feed.
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SilverStreaker
Champion Author Twin Cities

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Message Posted: Oct 26, 2012 7:58:06 PM

B5Quattro says "With kudzu ethanol being able to be produced".

Can you show a link to a commercially viable kudzu ethanol plant?
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B5Quattro
Sophomore Author Akron

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Message Posted: Oct 26, 2012 7:55:36 PM

With kudzu ethanol being able to be produced and the plant being seen farther north ,some company should jump on the commercial applications of this plant. Everybody should google "kudzu bio fuel or kudzu diesel" and check out the guy in TN who has figured out how to run all his farm equipment on it. Kudzu grows up to a foot a day . Anything that grows so easily and so fast should be cultivated as its an easily renewable resource . We could then go back to cheap corn for feed and dinner tables .
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reb4
Champion Author Chicago

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Message Posted: Oct 26, 2012 4:33:59 PM

As the prices, go up, up, up... and the value goes down, down, down...
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the1roadhog
Champion Author Atlanta

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Message Posted: Oct 24, 2012 8:19:58 AM

Boondoggle.
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goldseeker
Champion Author West Virginia

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Message Posted: Oct 20, 2012 3:24:57 AM

I would not place much stock in this report. Ethanol production just like gasoline goes up and down on a weekly basis. Actually production for this year has averaged 1.02 billion gallons per month.
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ber5
All-Star Author Chicago

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Message Posted: Oct 19, 2012 7:24:12 PM

Read a report that US ethanol production in Sep drops to lowest recorded level: EPA

I couldn't find this information at epa, and I am skeptical.

[Edited by: ber5 at 10/19/2012 7:24:20 PM EST]
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tdioiler
Champion Author Detroit

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Message Posted: Oct 19, 2012 5:48:10 PM

WHHHHEEEEEEWWWWWW ! \\

nice rollercoaster ride !!
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stickyvalves
Champion Author Iowa

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Message Posted: Oct 16, 2012 9:33:21 AM

The rainfall over the weekend helped soil moisture wherever it fell. The rain was not a drought breaker.

And, the only feedstuffs available over the winter is whatever has already been harvested. Expect to hear about spot shortages of materials to mix with gluten. Thus, the feedstuffs markets will be volatile all winter.
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reb4
Champion Author Chicago

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Message Posted: Oct 16, 2012 9:24:12 AM

thanks, I'll keep an eye on this and watch the roller coaster ride..
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stickyvalves
Champion Author Iowa

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Message Posted: Oct 15, 2012 9:59:26 AM

Watch this pricing chart this winter. It will jump around a lot.
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nwsynthetics
Champion Author Oregon

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Message Posted: Oct 12, 2012 7:22:40 PM

get rid of ethanol. Use the corn to feed, human consumption. Its such a waste for using it in fuel
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reb4
Champion Author Chicago

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Message Posted: Oct 12, 2012 7:08:11 PM

Looks like corn is still going up in most the reporting areas. Ethanol too.
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reb4
Champion Author Chicago

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Message Posted: Oct 6, 2012 11:57:12 AM

updated, main chart. very efficient this group.
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reb4
Champion Author Chicago

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Message Posted: Oct 5, 2012 12:21:35 PM

the main pdf has not been upgraded, but the individual links have.. Look like majority have corn up, ethanol up, a mix of Distiller Grain up or unchanged...

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repseng
Sophomore Author Twin Cities

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Message Posted: Sep 28, 2012 2:12:41 PM

K
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reb4
Champion Author Chicago

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Message Posted: Sep 28, 2012 1:50:37 PM

Ethanol wholesale prices are going down.. close to 2010 avg. price, at least in Iowa...

Distiller Grain and Corn Prices still higher at this time than 2010 - 2011.

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reb4
Champion Author Chicago

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Message Posted: Sep 21, 2012 7:50:16 PM

As we see, ethaol price remains below this time last year, yet corn price and ddgs is still much higher than even the previous 2 years...
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terfar77
Champion Author Buffalo

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Message Posted: Sep 18, 2012 6:15:45 AM

great
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