Bloomberg on Green Plains and the rest of the US corn based ethanol industry.
“Rail cars, storage elevators and shipping terminals complement his trading desk and ethanol plants. Fifty miles (80 kilometers) southeast of Omaha, in Shenandoah, Iowa, Green Plains produces 65 million gallons of ethanol a year in towers that emit a sweet beerlike scent. The company wrings 175,000 tons of animal feed from leftover parts of the corn. It converts some feed to corn oil, adding a nickel to its typical 15 cents–a-gallon ethanol profit. It saves three cents a gallon by grinding corn thoroughly.
Becker promises to pressure presidential candidates to support ethanol when they pass through Iowa in 2016 -- even though he’s sure lawmakers will scrap minimum requirements. “It’s just a matter of when,” he says.”
Meanwhile in Brazil cane base ethanol is facing its own challenges even though the country has long pioneered the use of the biofuel. The Washington Post
“In the 1970s, Brazil wanted to wean itself off expensive, imported oil and turned to ethanol. Cars were built to run solely on the biofuel. Gas stations selling ethanol popped up nationwide. Generous subsidies went to sugar-cane producers and mills.
By 2003, Brazil introduced the flex-fuel car, which can run on ethanol or gasoline. Today, virtually all cars manufactured in Brazil are flex-fuel, and 64 percent of those on the roads can run on ethanol or gas.
This was the biggest project in the world to replace a fossil fuel with a renewable fuel,” said Adhemar Altieri of the Brazil Sugarcane Industry Association, which represents the country’s cane and ethanol producers.”