Planted Acreage up for Corn and Soybeans

Cindy Zimmerman Leave a Comment

USDA’s National Agricultural Statistics Service (NASS) is estimating 92.0 million acres of corn planted in the United States for 2020, up three percent from last year, according to the Acreage report released Tuesday. Soybean area planted is estimated at 83.8 million acres, up 10% from last year. The report also shows wheat and cotton acres are down this year. All …

Corn, Cotton, Soybean, USDA, Wheat

Corn and Sorghum Groups Urge Aid for Ethanol Industry

Cindy Zimmerman Leave a Comment

Members of the Congressional Biofuels Caucus held a virtual town hall Wednesday to discuss the challenges currently facing the ethanol industry and what can be done to help. Caucus members participating in the meeting were including Reps. Collin Peterson (D-MN), Roger Marshall (R-KS), Dave Loebsack (D-IA), and Rodney Davis (R-IL) as well as ethanol and agricultural group leaders. House Agriculture …

Audio, Biofuels, Corn, Ethanol, Government, NCGA, NSP, sorghum

COVID Cuts Revenue Prospects for Corn Crop

Cindy Zimmerman

A new analysis from the National Corn Growers Association (NCGA) is projecting a drastic drop in 2020 revenues as a result of the COVID-19 pandemic with impacts persisting into 2021. NCGA President Kevin Ross says the latest analysis projects a $59 per acre average revenue decline for the 2019 corn crop and an $89 per acre average revenue decline for …

Audio, Corn, Ethanol, NCGA

President Trump at Iowa Ethanol Plant – One Year Later

Cindy Zimmerman

It was one year ago today that President Donald Trump made a victorious visit to Southwest Iowa Renewable Energy (SIRE) ethanol plant in Council Bluffs, Iowa, to celebrate regulatory changes that would finally allow year-round retail sales of 15% ethanol (E15). At the event, the President also heard from farmers and ethanol industry leaders about the devastating impact of RFS …

Audio, Corn, Ethanol, NCGA, Renewable Fuels Association, RFA

Ag and Biofuel Groups Ask Congress for COVID-19 Relief

Cindy Zimmerman

America’s top biofuel and farm advocates are calling on Congress to ensure the next round of COVID-19 relief includes U.S. ethanol and biodiesel production. A joint letter to House Speaker Nancy Pelosi and Senate Majority Leader Mitch McConnell was signed by the Renewable Fuels Association, Growth Energy, the National Biodiesel Board, the American Farm Bureau Federation, the National Corn Growers …

Ag Group, ASA, Biodiesel, Biofuels, Corn, Ethanol

Analysis Shows $50 Per Acre Loss for Corn

Cindy Zimmerman

A new analysis from the National Corn Growers Association (NCGA) is projecting a $50 per acre revenue decline for the 2019 corn crop as a result of the COVID-19 pandemic. The analysis showed cash corn prices since March 1 have declined by 16 percent on average, with several regions experiencing declines of more than 20 percent. NCGA commissioned the economic …

Corn, Ethanol, NCGA

Ethanol Industry Losses Mount

Cindy Zimmerman

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 by the Renewable Fuels Association (RFA). The economic losses stem from a “pernicious combination of …

Audio, Corn, Ethanol, Renewable Fuels Association, RFA

Corn Utilization & Technology Conference Postponed to 2021

Chuck Zimmerman

Here is the latest news of an event that I always look forward to. The Corn Utilization and Technology Conference (CUTC) has been postponed. This calendar keeps becoming more and more open. Given the on-going uncertainty regarding safety, gathering and travel due to the COVID-19 pandemic, the 2020 Corn Utilization and Technology Conference will be postponed until June 7-9, 2021. …

Ag Group, Corn, CUTC, NCGA

Lower Ethanol Demand Could Impact Planting Decisions

Cindy Zimmerman

USDA’s 2020 Prospective Plantings report released Tuesday estimates planted acres for corn this year at 97.0 million acres, up 8 percent or 7.29 million acres from last year. But when farmers were surveyed a month ago, coronavirus had yet to have the impact it is now having on ethanol demand and prices thanks to a drastic cut in demand for …

Audio, Corn, Ethanol, RFA

USDA Forecasts Increased Corn and Bean Acres

Cindy Zimmerman

USDA’s 2020 Prospective Plantings report released Tuesday forecasts eight percent more corn acres this year compared to 2019 and ten percent more soybean acres. Corn planted area for all purposes in 2020 is estimated at 97.0 million acres, up 8 percent or 7.29 million acres from last year. Compared with last year, planted acreage is expected to be up or …

Audio, Corn, Planting, Soybean, USDA