Agrentina’s largest ethanol plant begins operations

Ethanol Producer Magazine

By Vogelbusch | October 30, 2013

 

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Ethanol Unlikely To Support Corn Prices This Year

Seeking Alpha
April 24, 2012
By Scott Martin

The corn chart looks eager for a short-term bounce, but the longer trend looks bearish as U.S. farmers dedicate more acreage to the crop than ever, creating a glut that neither ethanol production nor an Argentine drought can overcome. Last week’s crop report confirmed what commodity traders have been saying for weeks: there is going to be too much corn come harvest time to support current prices, no matter how much Chinese demand ends up taking off the market.

Argentina is still suffering from significant drought conditions, but the USDA estimates that the weather there will end up trimming only 500,000 tons of corn from the second-largest exporter’s harvest this year.

As a result, corn prices have sunk 21% over the last 12 months, taking the Teucrium ETF (CORN) with them and acting as a drag on broader-based agricultural ETFs like DBA.

The corn bulls point to China as a buyer of last resort, but while it can be fun to think about the world’s second-biggest economy having a theoretically bottomless appetite for raw materials, the truth is very different.

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New Fields May Propel Americas to Top of Oil Companies’ Lists

The New York Times
By SIMON ROMERO
Published: September 19, 2011

RIO DE JANEIRO — Brazil has begun building its first nuclear submarine to protect its vast, new offshore oil discoveries. Colombia’s oil production is climbing so fast that it is closing in on Algeria’s and could hit Libya’s prewar levels in a few years. ExxonMobil is striking new deals in Argentina, which recently heralded its biggest oil discovery since the 1980s.

Up and down the Americas, it is a similar story: a Chinese-built rig is preparing to drill in Cuban waters; a Canadian official has suggested that unemployed Americans could move north to help fill tens of thousands of new jobs in Canada’s expanding oil sands; and one of the hemisphere’s hottest new oil pursuits is actually in the United States, at a shale formation in North Dakota’s prairie that is producing 400,000 barrels of oil a day and is part of a broader shift that could ease American dependence on Middle Eastern oil.

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DOE announces Colombia, Argentina, IADB research initiatives

Biofuels Digest
April 16, 2010 Jim Lane

In Washington, the U.S. Department of Energy today announced a series of partnerships and other initiatives to address clean energy and energy security in the Western Hemisphere as part of the Energy and Climate Partnership of the Americas. Among the new initiatives and partnerships announced:

· Launching an IDB Innovation Center: The Department of Energy and the Inter-American Development Bank (IDB) signed an agreement creating an Energy Innovation Center that will allow DOE and IDB to coordinate resources to facilitate regional projects and activities.

· Developing Biomass Resources in Colombia: The project will partner DOE and National Laboratory experts with scientists and technology experts in Colombia that are involved in on-going research on sugarcane, palm oil and petroleum to help identify, evaluate and promote technologies for sustainable biomass use in Colombia.

· Affirming Commitment to Clean Energy Cooperation: The Department of Energy and Argentina’s Ministry for Federal Planning, Public Investment, and Services signed a Memorandum of Understanding that promotes cooperation between the Department of Energy and the Argentine Energy Secretariat on clean energy technologies.

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State of the Argentine Biodiesel Industry report published

Biofuels Digest
September 15, 2009 Jim Lane


In Argentina, the latest quarterly State of the Argentine Biodiesel Industry report has appeared, downloadable here. Monthly production figures indicate that Argentina is on track to produce 1.2 million tons in 2009, equivalent to 10% of world production, but has slipped to fifth place among all countries, now behind Brazil. The trade conflict with the EU is highlighted in the report.

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