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 …
Corn Utilization & Technology Conference Postponed to 2021
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. …
Lower Ethanol Demand Could Impact Planting Decisions
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 …
USDA Forecasts Increased Corn and Bean Acres
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 …
Syngenta News from Commodity Classic
Syngenta had a couple of big announcements at the 2020 Commodity Classic, including a collaboration with Truterra (formerly Land O’Lakes SUSTAIN) to offer a “step-change in stewardship and conservation best practices for U.S. growers while helping them focus on maximizing acre-by-acre productivity and profitability.” This technology-based alliance will make use of data analytics from both the Truterra™ Insights Engine and …
Rural Leaders Urge Trump to Support Farmers
Farmer leaders and biofuel producers from the Midwest today expressed their concerns about news that the Trump administration has reversed course and decided to side with oil companies in their court battle against biofuels. The debate centers around a unanimous court decision that would halt the Environmental Protection Agency’s (EPA) abuse of Small Refinery Exemptions (SREs) under the Renewable Fuel …
Herbicide Acquisitions Enhance AMVAC Portfolio
AMVAC was pleased to announce 10 new products at the 2020 Commodity Classic, including the recent acquisition of four herbicide brands from Corteva Agriscience™. These products are complementary tank-mix partners for a variety of primary herbicides used in the U.S agricultural market. They are particularly valuable for enhancing weed control performance against increasing numbers of troublesome weed species. The products …
Ethanol Case Groups Disappointed in Appeal Extension
The four organizations involved in the case against the Environmental Protection Agency over granting of small refinery exemptions under the Renewable Fuel Standard (RFS) are disappointed the Trump Administration has been granted more time to consider an appeal of the court decision siding with the plaintiffs. The petitioners in the case—the Renewable Fuels Association, National Corn Growers Association, American Coalition …
Corn Yield Record Smasher
David Hula of Charles City, Virginia broke his own record again last year in the National Corn Growers Association National Corn Yield Contest with 616.1953 bushels per acre, beating his previous record of 542-plus bushels in 2017, which broke his 2015 record of 532 bushels per acre. The 27 winners in 9 production categories had verified yields averaging more than …
Acceleron Protects From Various Challenges
A key message from Bayer at the 2020 Commodity Classic encouraged growers to ensure they’re fully protected from whatever Mother Nature might throw at them during the approaching growing season. One way to do that is to use Acceleron Seed Applied Solutions on corn, soybean and cotton acres. “As you look at the investment that farmers are making today from …