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Labor Day Means More than Ever Thanks to Wisconsin's Biofuels Industry

This weekend, Americans across the country celebrate achievements of American workers -- including those who support the US biofuels industry, which has grown by leaps and bounds since 2005.
 
In Wisconsin, the renewable biofuels industry, including conventional and cellulosic ethanol, biodiesel and advanced biofuels and their suppliers, generates $4.2 billion of total economic output annually. This includes 19,080 jobs generating $982.6 million in wages, $182.7 million in federal taxes and $123 million in Wisconsin state taxes each year.
 
Nationally the renewable biofuels industry supports more than 850,000 jobs and generates $46.2 billion in wages annually in the United States. Altogether, the biofuels sector creates $184.5 billion each year in total economic activity for the United States -- amazing progress in just a few short years.
 
The Renewable Fuel Standard (RFS) creates competition in our nation’s transportation fuel sector, ensuring market access for cheaper, clean, low carbon alternatives to oil, creating choice for consumers at the pump. The biofuel sector has invested billions of dollars since 2007 to bring these fuels to market, driving economic activity throughout the United States. 

Access the entire report here: Fuels America


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Ethanol Helps Rural Economies
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More than just fuel


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C - CORN - CBOT
  High Low Last Chg
Sep 360'6 356'0 358'6 -2'6
Dec 367'6 363'0 364'6 -4'4
Mar 380'4 376'4 376'4 -4'4
May 390'0 -4'4
Jul 390'4 -4'2
 
S - SOYBEANS - CBOT
  High Low Last Chg
Sep 1086'0 15'6
Nov 1031'0 1021'0 1021'4 -4'4
Jan 1039'0 1031'0 1031'2 -4'0
Mar 1044'4 -3'2
May 1045'4 -4'0
 
LC - LIVE CATTLE - CME
  High Low Last Chg
Oct 151.500 149.850 151.500 1.325
Dec 153.950 152.400 153.950 1.250
Feb 154.850 153.500 154.600 0.825
Apr 154.500 154.300 154.375 0.775
Jun 146.200 145.000 146.050 0.850
 
@C - CORN - CBOT
  High Low Last Chg
Sep 358'2 356'4 357'4 -1'4
Dec 364'0 362'2 363'6 -1'0
Mar 376'6 375'2 376'2 -1'4

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DTN/PF Renewable Fuels
Latest DTN/PF Renewable Fuels News
Wednesday, July 30, 2014 8:28AM CDT
News pertaining to the ethanol industry.

Thursday, May 1, 2014 4:14PM CDT

Wednesday, July 30, 2014 11:25AM CDT



News


NCGA's Know Before You Grow website gives growers updated info on new seed varieties currently unapproved in some export markets and is an important resource for all corn growers as they head into planting season. Read what Wisconsin Corn Grower Jim Zimmerman has to say about this resource at http://wicornpro.org/ and listen to his interview by clicking HERE.

Syngenta has a new educational video entitled, “Ethanol: Fueling Rural America’s Future – One Community at a Time,” along with a series of other topical videos that help to tell ethanol’s story. The videos’ primary purpose is to inform and educate the general public about the positive impact ethanol is having on cleaning our air, improving our economy and fulfilling our nation’s quest to become energy independent.  View the videos by clicking here.

No Meaningful Difference between E10 and E15 ethanol blends, says a report from the National Renewable Energy Lab, which also found no evidence to support oil industry claims of mechanical problems with E15 ethanol blends. Read more online here: NREL Report

Ethanol Promotes Consumer Choice  explains an opinion column by Iowa Governor Terry Branstad, in the Oct. 10 Wall Street Journal. It is the ethanol industry, which makes a cheaper, cleaner, higher octane product, that is ready, willing and able to face free market competition from petroleum. Read the column online by clicking this link: Ethanol Ready 
 
Consumers Consider Ethanol Green Energy. A survey released during BIO World Congress shows US consumers name ethanol 39% of the time when asked to name a product they consider green.  The study also found that four in 10 American consumers have heard the term 'biobased' to describe various products including fuels such as ethanol and biodiesel as well as cleaning products and personal care products. Read about the survey here at Domesticfuel.com


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Palmyra, WI
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Palmyra, WI
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High: 78°F
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Precip: 20%
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Temp: 64oF Feels Like: 64oF
Humid: 96% Dew Pt: 62oF
Barom: 29.84 Wind Dir: N
Cond: N/A Wind Spd: 0 mph
Sunrise: 6:19 Sunset: 7:26
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