Wednesday, December 14, 2011

20111214 1650 Biofuel Related News.

PROSPECTS FOR NEXT BRAZIL CANE CROP BETTER -UNICA
SAO PAULO, Dec 13 (Reuters) - After several months of downward revisions in Brazil's 2011/12 main center-south cane crop, the season is ending with a whimper, but next year already looks better, sugar and ethanol industry association Unica said on Tuesday.
Nearly all of the 350-odd sugar and ethanol mills in the center-south, which accounts for 90 percent of Brazil's cane output, have closed for maintenance over the interharvest period, Unica said.

BRAZIL TO REGULATE ETHANOL STOCKS IN 2013 - REPORT
SAO PAULO, Dec 9 (Reuters) - Aiming to curb fuel price swings, Brazil's National Petroleum Agency (ANP) will start requiring distributors to carry 15-day stocks of anhydrous ethanol, a gasoline additive, but only in 2013, a local paper said on Friday.
The board of the ANP approved a new regulatory measure governing the ethanol market that will only take effect in April, 2013, when the start of the 2013/14 cane crushing season gets under way, the Folha de S.Paulo newspaper said citing the ANP.

BRAZIL 11/12 SUGAR OUTPUT SEEN AT 36.9 MLN T-GOV'T
SAO PAULO,Dec 8 (Reuters) - Estimates for sugar and ethanol output in Brazil's 2011/12 cane season were cut again on Thursday by government supply agency Conab, which cited the effects of bad weather and aging fields on the cane crop.
In its third estimate for the season, Conab put the country's total cane crush at 571.5 million tonnes, down from the 589 million tonnes in its previous forecast in August.

US ETHANOL WEEKLY OUTPUT SOARS TO RECORD 954,000 PBD
CHICAGO, Dec 7 (Reuters) - U.S. ethanol production hit a record high in the latest week, while stocks also rose, up more than 5 percent in the last week, the Energy Information Administration reported Wednesday.
U.S. ethanol production totaled 954,000 barrels per day in the seven days to Dec. 2, up 24,000 barrels per day. The next highest production level was when ethanol production hit 939,000 barrels per day for the week ending December 3, 2010.

GERMAN SUGAR CROP GOING WELL, BIG OUTPUT SEEN
HAMBURG, Dec 7 (Reuters) - Germany's sugar beet harvest is progressing very well in favourable weather and the country is likely to achieve the forecasts of a sharp rise in sugar output, the head of German sugar industry association WVZ told Reuters on Wednesday.
"Harvest progress is excellent and weather is favourable," said WVZ chief executive Dieter Langendorf. "Confidence is growing that we will achieve our production targets."

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