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December 2014 Newsletter Contains ESTIMATED Taxable Income Per Unit

Fiscal Year 2014 Earnings Released 11/25/14

We are a grassroots, investor-owned 100 million gallons per year fuel ethanol plant. Cardinal Ethanol began production at its ethanol plant in East Central Indiana, near Union City on November 1, 2008.  We use over 36 million bushels of corn and produce approximately 100 million gallons of ethanol, along with 320,000 tons of dried distillers grains with solubles (DDGS) per year.  We also produce corn oil for use in the bio-diesel industry and CO2 is captured on site for use in the bottling industry.

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USDA Dropping Checkoff Plan

12/19/2014 17:13:00

Ag Secretary Tom Vilsack said USDA won't pursue efforts to create another checkoff under the 1996 commodity promotion law. A policy rider in the federal appropriations bill passed over the weekend prevents USDA from continuing to write a rule for the plan during this fiscal year.

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New World-Record Corn Yield

12/19/2014 17:12:00

The results of the annual contest were released Friday morning by the NCGA. The 2014 Corn Yield Contest drew 8,129 entries. A record six national entries surpassed the 400-plus-bushel-per-acre mark.

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Amazon Deforestation and Ag-4

12/19/2014 07:15:00

Brazil's beef industry has reduced its impact on the Amazon rainforest, but its footprint remains. Policing plus intensive farming are the way to reduce the impact.

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Global Fertilizer Outlook - 4

12/18/2014 15:55:00

Global demand for nitrogen fertilizers worldwide is increasing thanks to a growing population. Oversupply concerns, as well as geopolitical issues, threaten a fairly positive global outlook for nitrogen.

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China Holds Grain Import Quotas Steady

12/18/2014 15:52:00

China may have kept its corn, wheat and rice quotas unchanged, but the volume of imports may be less than the quota in 2015 due to a revised application process that disqualifies some companies from buying imported grain.

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Office: 765-964-3137     Email: info@cardinalethanol.com     1554 N. 600 E. Union City, IN 47390   Admin
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