This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Ceres Showcases Energy Crop Advances At Field Day

Stocks in this article: CERE

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

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

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