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Welcome

December 1 Update:

The original portions of the Soy Energy plant were fully commissioned on November 4th.  Also commissioned were the utilities that serve the Plant’s original & new systems.  These systems took longer to commission than originally thought due to discovering some unanticipated bottlenecks and issues; however, we worked our way through those then moved on to commission the new sections of the plant.

Also on November 4th Soy Energy was notified that the EPA’s Office of Transportation & Air Quality had certified our plant as an RFS2-registered producer of renewable fuel.  Our company ID is 4301 and our facility ID is 82968.  We currently have approximately 430,000 gallons of soybean oil-based biodiesel in storage that is currently being marketed.

Whereas soybean oil was used for commissioning the original systems and certifying the plant; the newly installed processes were designed to enable the plant to take Corn Stillage Oil (CSO, which is inedible corn oil) from ethanol plants and process it into ASTM-quality biodiesel.

At this point all plant systems are mechanically & substantially complete.  The plant encompasses the following processes or systems; noted next to the system is the percent completion of that system’s commissioning:

  1. Feedstock Receiving         100%;
  2. Feedstock Storage            100%;
  3. Degumming (New)            100%;
  4. Acid Esterification (New)   100%;
  5. Caustic Refining                100%;
  6. Bleaching (New)                  20%;
  7. Transesterification             100%;
  8. Winterization (New)               0%;
  9. Filtration                            100%;
  10. Finished Oil Storage         100%;
  11. Glycerin Storage               100%;
  12. Finished Oil Loadout         100%; and,
  13. Glycerin Loadout               100%.

Although the commissioning process is not moving as rapidly as we'd prefer, we can report that every step in this methodical process has been Safe and Successful thus far, including full-capacity performance of the original sections of the plant; full-capacity degumming of CSO; and, esterifying high Free Fatty Acid (FFA), Degummed CSO from 15.5% FFA to less than 1% FFA. 


Soy Energy Board Updates

Note To Investors:  

The projected values for the schedule K1 are available under the newsletters page.


Quote of the Day


"Indeed, man wishes to be happy even when he so lives as to make happiness impossible."

~ Saint Augustine,  (354-430), Christian church father, philosopher


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Futures
C - CORN - CBOT
Month Open High Low Last Change Time More
Mar 12 638'6 642'2 635'4 641'6s 7'2 01/27
May 12 644'4 648'0 641'4 647'4s 7'4 01/27
Jul 12 649'4 652'0 646'0 651'0s 7'2 01/27
S - SOYBEANS - CBOT
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Mar 12 1222'0 1222'0 1215'0 1219'0s -3'6 01/27
May 12 1230'0 1230'0 1226'0 1228'4s -3'4 01/27
Jul 12 1240'0 1240'0 1236'0 1238'2s -3'4 01/27
W - WHEAT - CBOT
Month Open High Low Last Change Time More
Mar 12 653'4 653'4 646'4 647'2s -6'2 01/27
May 12 665'4 665'4 662'0 661'6s -5'0 01/27
LC - LIVE CATTLE - CME
Month Open High Low Last Change Time More
Feb 12 124.425 124.850 124.400 124.700s 0.150 01/27
Apr 12 128.150 128.525 127.925 128.450s 0.400 01/27
LH - LEAN HOGS - CME
Month Open High Low Last Change Time More
Feb 12 86.300 86.800 86.100 86.675s 0.725 01/27
Apr 12 86.900 87.600 86.250 87.375s 0.575 01/27
FC - FEEDER CATTLE - CME
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Mar 12 153.650 154.700 153.650 154.600s 0.975 01/27
Apr 12 156.850 156.850 156.800 156.825s 0.900 01/27
May 12 157.625 157.675 157.625 157.650s 0.850 01/27
BO - SOYBEAN OIL - CBOT
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Mar 12 51.78 51.80 51.55 51.59s - 0.35 01/27
May 12 52.18 52.18 52.05 52.02s - 0.35 01/27
Jul 12 52.55 52.55 52.35 52.41s - 0.37 01/27
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An Urban's Rural View
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