This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

Ceres Showcases Energy Crop Advances At Field Day

Energy crop company Ceres, Inc. (Nasdaq: CERE) today hosted a bioenergy field day at the company’s 200-acre research center near Houston, Texas. The outdoor event, which draws industry representatives, policymakers and investors, highlighted innovations in the company’s development pipeline that are expected to increase yields and enable greater use of marginal land, among other benefits.

Among the field demonstrations, Ceres’ newest sweet sorghum hybrids drew the greatest attention. These products, which were developed under the company’s long-term, exclusive collaboration with Texas A&M University, have demonstrated high yields in test plots last season in Brazil. Ceres expects to begin selling the new hybrids later this year. Brazilian ethanol mills are currently utilizing sweet sorghum as a way to extend their production season.

For biomass markets, Ceres also unveiled the next generation of improvements in its switchgrass product line — the first hybrid switchgrass developed for bioenergy. These pre-commercial products represent an important step in switchgrass plant breeding and have shown significant yield increases over current products. Ceres product developers also highlighted seeded miscanthus varieties, which promise multi-fold reductions in establishment costs over competing miscanthus types.

Ceres President and Chief Executive Officer Richard Hamilton, who opened the morning event, underscored the need for greater scale and efficiency in bioenergy, and the fundamental role that feedstock plays. “There are many reasons to be interested in bioenergy. Biofuels already make up 10% of our fuel supply in the U.S., and it’s over 50% in Brazil. To increase levels even further, we need a supply of feedstock that is produced separately and distinctly from the food supply; one that is scalable, sustainable and economically attractive. That is what you will see all around you today,” he told attendees.

In addition to Ceres’ field presentations, guest speakers included representatives from Brazil’s largest ethanol mill group, Raizen, as well as processing technology company Fermentec and São Paulo-based market consultancy firm, Agrosecurity. Chemtex also provided an update on the expected opening of the world’s first commercial-scale cellulosic biorefinery in Italy as well as their U.S. plans, and a feedstock supply chain expert at Genera Energy shared an analysis of biomass production economics in the United States.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,776.12 -200.19 -1.11%
S&P 500 2,067.89 -18.35 -0.88%
NASDAQ 4,900.8850 -46.5560 -0.94%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs