Ethanol Week - May 30, 2011

May 30, 2011

Poet-Cloverdale to host post-FEW tour Poet Biorefining-Cloverdale (Ind.) will host a tour following the 2011 International Fuel Ethanol Workshop being held June 27-30 in Indianapolis, Ind. READ MORE SHARE
Tenaska backs out of deal with Texas plant after court ruling Tenaska BioFuels LLC has withdrawn its proposed agreement that would have allowed Levelland Hockley County Ethanol LLC to restart production. READ MORE SHARE
	Ceres takes bioenergy seed business public Thousand Oaks, Calif.-based energy crop seed developed Ceres Inc. filed papers with the U.S. Securities and Exchange Commission on May 23 for an initial public offering in hopes of raising up to $100 million to fund the expansion of its business. READ MORE SHARE
House Ag Appropriations votes to cut BCAP, REAP Just a few weeks after the USDA announced the first BCAP project area, the U.S. House of Representatives' Agriculture Appropriations Subcommittee has voted to eliminate BCAP funding for 2012. The subcommittee also voted to eliminate REAP funding. READ MORE SHARE
Iowa becomes first state to incentivize E15 Iowa Gov. Terry Branstad is expected to sign a bill today, May 26, which will provide a boost to the state's renewable fuels producers and distributors.It includes incentives for retailers who sell higher blends of ethanol and diesel, including E15. READ MORE SHARE
	Weather impacts ethanol operations, impedes corn planting Agricultural commodities live and die by uncontrollable weather circumstances and this spring is proving to be a difficult one for farmers and ethanol producers alike. READ MORE SHARE
Osage officials break silence, leave many questions unanswered A press release issued May 23 by Osage Bio Energy revealed that the company will try to sell the 65 MMgy barley ethanol plant. The Hopewell, Va., plant never reached full production and won't, the company said, due to unfavorable market conditions. READ MORE SHARE
DOE places dozens of loan guarantee applications on hold The head of the U.S. DOE's loan guarantee programs has issued letters to multiple applicants, informing them that their projects are being placed on hold due to timing restrictions. The 1705 loan guarantee program is set to expire on Sept. 30. READ MORE SHARE