The E-Xchange — Corn

What Can You Get for $3.60?

August 14, 2014

Some biofuel critics continue to claim corn ethanol is “not economical.” Perhaps they haven’t noticed that wholesale ethanol prices have been an average of $0.71 per gallon lower than wholesale gasoline prices so far this year. Or maybe they didn’t notice that for the first time in nearly eight years, a bushel of corn—the primary input in the ethanol process—costs less than a gallon of gasoline. The price of a 56-pound bushel of corn, which yields 2.8 gallons of ethanol, averaged just $3.57 in July, while the national average price for a gallon of regular gasoline hit $3.61.

Posted in Corn, Ethanol, Gas Prices

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Facts Block Poultry Industry Attempt to Discredit the RFS

June 13, 2014

The facts show that ethanol production has had little impact on the chicken industry.

Posted in Corn, Corn prices, DDGS, Ethanol, Food, Letter to the Editor, Renewable Fuel Standard

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It’s Final—Forbes is Terribly Misinformed on Ethanol

April 21, 2014

James Conca’s recent article in Forbes badly mischaracterizes the recent IPCC reports and rehashes long-disproven myths and misinformation about corn ethanol. RFA responded with facts.

Posted in Corn, Corn prices, Environment, Ethanol, Renewable Fuel Standard

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Scientists Urge CARB to Revisit LCFS Land Use Change Penalties

March 10, 2014

CARB must do the right thing and follow the advice of the scientific community.

Posted in Corn, Environment, Ethanol, Land Use

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What ILUC? Amazon Deforestation Rates Hit Lowest Point Since at Least 1988

May 28, 2013

Geoff Cooper responds to US ethanol causing "indirect land use change" and the continuous annual reduction in deforestation rates resulting in the lowest point since 1988.

Posted in Agriculture, Brazil, Corn, Energy, Environment, Ethanol, Land Use

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Expanding Trade Opportunities in South Korea and Japan

May 17, 2013

Kelly Davis recounts her trip to northeast Asia as part of a trade mission to discuss U.S. ethanol policy, import and export capabilities, trends in corn co-products, and other important issues.

Posted in Brazil, Corn, DDGS, Ethanol, Exports, Food

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Professor Flunks Ethanol 101

January 18, 2013

In an op-ed in The Flint Journal on January 16, Mark J. Perry, an economics professor at University of Michigan-Flint, earned a failing grade in Ethanol 101.

Posted in Corn, E15

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Don’t Believe Everything You Read.  Fact check on NYT’s Guatemala Corn/Ethanol Story

January 07, 2013

“Don’t believe everything you read.” Never have truer words been spoken. Here is a fact check of the January 6th New York Times article “As Biofuel Demand Grows, So Do Guatemala’s Hunger Pangs” by Elisabeth Rosenthal.

Posted in Corn, Corn prices, Ethanol

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WASDE Report

December 11, 2012

Today’s WASDE report was a non-event as far as the corn balance sheet. However, there were some important surprises on the global side. Total global grain supplies were raised slightly to 2705.6 MMT, the second-largest on record.

Posted in Corn, DDGS, Production

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Impacts of Waiving the Renewable Fuel Standard (RFS) on Household Spending on Food and Fuel

August 28, 2012

This summer, several governors have submitted letter to the EPA requesting a waiver of the RFS for 2012 and 2013. Analysis from the RFA shows that waiving the RFS requirements for 2013 would actually result in a net increase in annual household spending of approximately $24-$85 due to increased spending on gasoline. Thus, waiving the RFS in 2013 would do more harm to American consumers than if EPA allows the program to continue to function as designed.

Posted in Corn, Corn prices, Drought, EPA, Ethanol, Food, Renewable Fuel Standard

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