Ethanol market faces bumps as supply outpaces demand
The Gazette reports ethanol prices drop below gasoline as supply outstrips demand, squeezing producers. Congress considers raising the mandate for renewable fuels, with Iowa senators Grassley and Harkin pushing to lift from 3.8 to 8 billion gallons by 2012. Industry analysts warn of a shakeout among smaller plants, while large players like ADM claim flexibility to shift to other corn products.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Gazette
Congress
Iowa
Chuck Grassley
Tom Harkin
Jeff DeBeamer
Ethanolmarket.com
DeBeamer
Miranowski
Archer Daniels Midland
Cedar Rapids
Fiegen
Ethanol plant drives growth in northwest Iowa region
Ethanol production boosts job creation and tax revenue in 2004. Golden Grain Energy near Mason City will process over 15 million bushels of corn annually, creating 30 local jobs, with impact on corn prices and regional farm income. Residents note noise and odor but praise economic optimism and property value gains.
MENTIONED IN THIS ARTICLE
John Urbanchuk
LECG
Urbanchuk
Golden Grain Energy
Iowa
Mason City
Northwest
Wayne Pope
June
Pope
Sandy Peck
Peck
Dan Culhane
Culhane
Arsene
Lucas
Pazettecommunications
Jeff Badker
How ethanol is made dry mill process overview
The dry mill method creates a mash from meal and water then uses enzymes for starch to dextrose conversion. Ammonia maintains pH and feeds yeast. After a 40 to 50 hour fermentation the beer goes to distillation and dehydration to 200 proof.
Golden Grain Energy plant opens in Mason City
Inside the high tech distillery Golden Grain Energy LLC in Mason City workers operate a 54.6 million dollar ethanol plant capable of producing more than 40 million gallons annually. President Walter Wendland notes the plant began operation on December 13 and exceeds initial capacity expectations by builder Fagen Inc. with a 2.9 gallons per bushel conversion rate. Staff of 30 run 24 seven shifts.
MENTIONED IN THIS ARTICLE
Dave DeWitte
Mason City
Golden Grain Energy LLC
Golden Grain Energy
Golden Grain
Walter Wendland
Fagen Inc
ISU researcher questions ethanol plant subsidies
ISU economist David Swenson notes ethanol plants rely on heavy subsidies and argue they do not create broad industrial linkages. Lincolnway Energy in Nevada, Iowa raised 38.1 million from 900 Iowa investors and received state loans and grants totaling 638,000 while planning to hire and train staff.
MENTIONED IN THIS ARTICLE
Swenson
Lincolnway Energy LLC
Nevada
Iowa
Tim Fevold
State of
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Mike Maranell
Ag Processing Inc
AGP
Sioux City
Jim Jordan & Associates
United States
Jordan
Iowa State University
John Miranowski
Tom Fiegen
Iowa Senate
Sunrise Energy Ethanol Cooperative
Blairstown
News
E. Michael Myers
Lavid.dewitte
Gazettecommunications.com
Amaizing Energy
Denison
Source
Iowa Department of Natural Resources
Iowa Corn Growers Association
Stan Laurel
New Hampton
Mississippi River
Wallan
Lowa
Plymou
Otter Creek Ethanol LLC
Ashton
Siouxland Energy and Livestock Co-op
Sioux Center
Little Sioux Corn
Marcus
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Galva
Tall Corn Ethanol
Coon Rapids
Voyager Ethanol
Emmetsburg
Midwest Grain
Lakota
Iowa Ethanol LLC
Hansontown
Hawkeye Renewables
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Big River Resources LLC
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Frontier Ethanol LLC
Gowrie
US Bio Energy
Albert City
VeraSun
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Jewell
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Pine Lake Corn Processors LLC
Steamboat Rock
ADM
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Sey Doe
Marke
Walter
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ISU
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David Swenson
Iowa State University Department of Economics
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