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Responding to an amendment (#220) filed by Sen. Tom Coburn (R-OK) to the small business reauthorization bill currently under consideration on the Senate floor that would immediately repeal a tax incentive for ethanol use known as the Volumetric Ethanol Excise Tax Credit (VEETC), the Renewable Fuels Association (RFA) issued the following statement:...More

Richard Brock, president of Brock Associates, answered these questions following his market outlook to 450 corn and soybean growers and industry professionals attending 2011 Commodity Classic in Tampa, FL....More

  The American Coalition for Ethanol (ACE) has announced that U.S. Sen. John Thune (R-SD) is confirmed to address its members assembled in Washington, D.C., on March 29 during the organization’s third annual “Biofuels Beltway March.” Thune is newly appointed to the U.S. Senate Finance Committee, which has jurisdiction over ethanol tax credit issues....More

  Last year (2010) was another record year for American ethanol producers. According to data from the U.S. Energy Information Administration (EIA), daily ethanol production in 2010 averaged nearly 863,000 barrels/day (b/d). That represents 36.24 million gallons of daily production and nearly 13.23 billion gallons of production for calendar year 2010. 2009 ethanol production was 10.75 billion gallons....More

A 1,000-acre operation can typically save $10,000-20,000 a year on energy costs,” says Mark Hanna, an Iowa State University (ISU) Extension agricultural engineer. The range may be from $5,000 to $35,000, depending on the farm....More

The National Corn Growers Association applauded the Environmental Protection Agency’s announcement today that approved the use of E15 in older-model cars from 2001-2006.  This decision follows the EPA’s approval of the use of E15 for 2007 and newer cars this past October....More

Winter weather is wreaking havoc in many parts of the country, but city officials in Minneapolis have found a unique way to help battle the huge mounds of snow plaguing a city with limited snow storage options – a biodiesel-powered Snow Dragon that can melt 30 tons of snow/hour....More

The U.S. doesn't have the infrastructure to meet the federal mandate for renewable fuel use with ethanol but could meet the standard with significant increases in cellulosic and next-generation biofuels, according to a Purdue University study....More

The American Soybean Association (ASA) applauds Senate passage of the "Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010," and urges prompt House passage of the legislation. The Senate bill makes the biodiesel tax incentive retroactive for 2010, and extends it through 2011....More

  Robert Lowry often finds himself staring at a digital meter on his farmstead to see just how much power his new on-farm wind turbine is generating. After Lowry put up two new grain bins at his Somers, IA, farm, his tab for electricity at MidAmerican Energy Company jumped from a few hundred dollars to $1,500/month during the postharvest drying season. The 35,000-bu. bins, installed in 2007 and 2008, each had two 12-hp. fan dryers. Lowry had several smaller dryers on his existing bins, as well....More