The Advanced Ethanol Coalition (AEC) this week issued an industry progress report for cellulosic biofuels that shows "a detailed look at the progress made towards the commercial deployment of advanced biofuels. According to the report:
The cellulosic biofuels industry has reached the commercial deployment phase; however, "high capital risk from OPEC-induced price distortions, constrained blending markets and policy uncertainty continued to slow the rate of deployment." Enzyme costs for cellulosic production are down 80 percent in the last decade and cellulosic biofuels are today being produced for $2.00 per gallon or less. According to Sandia National Lab, the U.S. could produce 75 billion gallons per year of cellulosic biofuels wit...
What You Need to Know Today: U.S. weather is getting more attention this week as conditions vary greatly across the western, central, and eastern corn belts, with the different regions battling dryness and too much rain simultaneously. The ProFarmer Crop Tour began today in Indiana and Nebrask...
Key Takeaways: Argentina is on pace for a record corn crop and record exports in the current marketing year, with abundant supplies likely to keep the country highly competitive in global export markets. Argentina’s record exportable surplus is allowing it to offer highly competitive pri...
