Showing posts with label Soy. Show all posts
Showing posts with label Soy. Show all posts

Sunday, January 18, 2009

The Babe Ruth of Soy Beans and a Story of Competitve Corn Growing


I've been meaning to put this Wired Magazine article up for over a month.

Here is a great story talking about real industrialized commercial agriculture. Its rare that you get a lay person's article about mono-culture agriculture and what they are wrestling with. The perspective touched on here is one worth reading.

Especially looking at the every expanding productivity of US soil, seeds, chemicals, manpower and on the ground intellect that is our mainstream agriculture.

One excerpt that really gets to the heart of the new development of GMO crops that caught my eye is below.

Cullers never went to college, but he rises at 3:30 each morning to study plant genetics online. Right now, he's urging Pioneer to genetically weave a bit of stiffening fiber into soybean stalks. Cullers plants 300,000 soybeans per acre, double the national average. In these super-dense fields, he explains, soy plants grow taller, fighting for sunlight. "They fall down a lot," he says, "and you lose photosynthesis. The trifoliates don't pump nutrients to the beans. And you get disease, too. It's crowded and humid out there, down low."

Something about it reminds me more about the development of a race car with experience in the Pit rather than the further development of an agricultural crop. This is obviously engineering with a specificity reserved up till now for mechanical systems not organisms.


NOTE: To those who are adamant and hostile to GMO. I understand, I've seen and read both sides of this debate in depth for years. Being on the sidelines and outside of the issue I am an agricultural agnostic. I do buy certified organic and local food as a rule as well. Please don't flame me just because I gave ink to what I view as a relevant article.

Tuesday, March 18, 2008

Renewable Energy Group Pulls Back from IPO

Wow, looks like the biodiesel sector isn't going to do so hot in the eyes of Wall Street. Renewable Energy Group (normally referred to as REG in the industry) is a little skittish about the black and white future of biodiesel producers in an Annual Report. That's the second IPO implosion in the last few months (first Imperium backed away and swapped management and now this).

My source was OPIS which offers a news email service which I'm on right now. I've pasted the news piece below.

From OPIS BIOFUELS UPDATE:

Iowa biodiesel marketer and producer Renewable Energy Group (REG) withdrew its plan to file an initial public offering (IPO), it told the U.S. Securities and Exchange Commission (SEC) this morning.

Eight months after announcing plans to raise up to $150 million in common stock, REG said it withdrew the filing "on the grounds that current market conditions do not support a public offering ... at this time."

No further information was provided in the SEC filing. Credit Suisse, Goldman, Sachs & Co, Banc of America Securities and Thomas Weisel Partners had been listed as underwriters on the IPO. A handful of biofuel companies have announced plans to halt or stop production, until high feedstock costs are reduced.

Over the weekend, the 30-million gal/yr SoyMor biodiesel plant in Albert Lea, Minn., was the latest company to halt production. "Due to current biodiesel economics, the board of governors of SoyMor Biodiesel, LLC are suspending the production of biodiesel at this time," according to a notice posted on the company's website. "SoyMor's board of governors has reviewed all possible alternatives regarding the plant's operations and have concluded that the suspension of production is the most prudent decision to ensure long-term viability of SoyMor," the notice added.

SoyMor is one of four biodiesel plants that REG operates, but which is owned by third parties. REG bills itself as a full-service biodiesel company, including biodiesel production, management, marketing, sales and plant construction management. The REG network currently includes seven operating biodiesel plants, accounting for more than 222 million gal of annual biodiesel production, with three additional plants under construction. However, in its IPO filing, REG said it planned to use some of the net proceeds to finance half of the expected construction costs for the three new biodiesel plants. With the IPO withdrawn, it's unclear whether REG will scale back its plans for the three new facilities.

Well. When the big dogs start backing up a little its a good sign that tough times are immediately ahead. Time to batten down the hatches and get ready for the rough weather.

Tuesday, February 5, 2008

Biodiesel Coldflow Technology..... My Mind is Blown and my Heart is Hopeful

I have seen it with my own eyes.

Biodiesel flowing bright, clear, and clean at -15F. B99 created by a technology during the refining process. The research and development has been done by the Indiana Soy Bean Board.

Www.IndianaSoybean.com

Friday, December 28, 2007

Soy Bean Board looks "Beyond Bean"

Some interesting proposals of what will next be viably made out of soy beans.

- Soy plastics and foam use by auto makers.
- Soy based foam for home insulation.
- Soy foam backed carpeting in your house and commercial building.
- And the ultimate sole purpose for this post: Perry Ellis Soy-Underwear, with soy based textile fibers.

From the Biobased News.

Wednesday, October 31, 2007

Wisconsin State Invests in Soy Crushing

Wisconsin state makes a big bet on developing a value added biofuels industry. The state is pushing to become more than just a source for feedstocks. From the Wisconsin Ag Connection online.

First step. $4 million investment grant towards a soy crushing facility. This grant being matched from the ag industry as well.

Living in the Pacific Northwest are big issue is getting feedstock supplies lined up for production. Getting the fields to grow rotations of oil and appropriate carbohydrate crops for biofuels.

In Wisconsin it turns out the issue isn't getting the feedstocks grown. Its getting them used in state. From the article:

WSA Director Bob Karls says Wisconsin soybean farmers have been working for 15 years to bring a soybean processing facility to the state. While Wisconsin is the 13th largest soybean producer in the country, it is the only one of these states without its own soybean processing facility.