Navigation Links
Ceres Announces Fiscal Third Quarter 2014 Financial Results
Date:7/10/2014

n government to receive a combination of low-interest loans and a non-repayable grant over the next four years to fund product development in sorghum and sugarcane. The funding is offered under the Brazilian government's PAISS Agricola program. Under the program, Ceres is eligible for a multi-year, multi-million dollar credit facility at a government-subsidized interest rate as well as a multi-million dollar non-repayable grant. Receipt of the loan will be subject to guarantees to be provided by or obtained by Ceres as well as customary diligence, documentation and closing conditions. The company expects to receive full program terms in mid-July.

Ceres Chief Financial Officer Paul Kuc reported that expenses for the quarter continued to benefit from cost-saving measures initiated in the first fiscal quarter. "We expect these cost savings measures to reach up to approximately $8 million for the next fiscal year, not including the potential impact of the PAISS grant and loan on our outlays for Brazil," said Kuc.

Recent Business Highlights

  • In customer evaluations, several of Ceres' high biomass sorghum hybrids under development for Brazil's biopower market achieved average yields in multiple regions that the company believes meet or exceed minimum yields levels needed for commercialization. Top yields exceeded 35 metric tons per hectare, as measured at 50% moisture content.
  • Ethanol yields from Ceres' sweet sorghum products were more than 35% higher on average than the previous season, according to company calculations. At 40 customer evaluation sites, calculated ethanol yields per hectare ranged from approximately 950 to 4,200 liters per hectare, with regional averages by product ranging from 1,300 to 3,250 liters per hectare. Twenty-eight customer locations achieved ethanol yields above 2,500 liters with one or more products. Variations in yields were primarily due to differences in growing conditions during the season, as well as
    '/>"/>

  • SOURCE Ceres, Inc.
    Copyright©2014 PR Newswire.
    All rights reserved

    Page: 1 2 3 4 5 6 7 8 9

    Related biology technology :

    1. Ceres Expands Board of Directors with former BP Chief Scientist and Undersecretary of Energy Steven Koonin
    2. Ceres Receives $3.5 million from USAID for Trait Stacks
    3. Ceres and Syngenta to Collaborate on Sweet Sorghum Market Development
    4. Ceres Announces Webcast of Fiscal Year 2013 Financial Results
    5. Ceres Announces Fiscal Year 2013 Financial Results
    6. Ceres Announces Fiscal First Quarter 2014 Financial Results
    7. Keryx Biopharmaceuticals, Inc. Announces Upcoming Poster Presentations of Zerenex™ (Ferric Citrate) at the Upcoming American Society of Nephrology Kidney Week 2011 Annual Meeting
    8. VaxyGen Assay Services, LLC Announces Launch of Custom Bioassay Services and Operations
    9. Sequenom Announces Participation at the Lazard Capital Markets 8th Annual Healthcare Conference
    10. ACORN Research, LLC Announces Partnership with AdeptBio, LLC
    11. GeoVax Labs, Inc. Announces Nine Month 2011 Financial Results
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:10/20/2014)... 2014 Local veterinary surgeon, Dr. Tim ... study of donor stem cells for dogs with osteoarthritis. ... and has performed clinical stem cell therapy for 7 ... determine if a single injection of donor stem cells ... reduce pain and inflammation in the treated joints. ...
    (Date:10/19/2014)... -- NextCODE Health, which enables clinicians and researchers to use ... announced the launch of its new genomic data analysis and ... Society of Human Genetics (ASHG) annual meeting in ... apply for free beta access, visit www.nextcode.com . A ... viewed here . The Exchange: ...
    (Date:10/19/2014)... The Asia-Pacific Speech Analytics market report defines and ... and forecast of revenue. This market is estimated to ... by 2019, at a Compound Annual Growth Rate (CAGR) ... the TOC of the Asia-Pacific Speech Analytics market report ... It also provides a glimpse of the segmentation in ...
    (Date:10/19/2014)... 2014 The report "Unmanned Ground ... Security), Technology, Payload, Type & by Geography - ... global unmanned ground vehicle market into various sub ... market sizes. The report also identifies the factors ... it along with the adoption trends. , The ...
    Breaking Biology Technology:Cascade Veterinary Referral Center Seeks Candidates for an Investigational Study of Stem Cells for Dogs with Arthritis 2The NextCODE Exchange: The first global, real-time system for sharing full-resolution genomic data 2The NextCODE Exchange: The first global, real-time system for sharing full-resolution genomic data 3The Asia-Pacific Speech Analytics market is estimated to reach $208 million by 2019 - New Report by MicroMarket Monitor 2The Asia-Pacific Speech Analytics market is estimated to reach $208 million by 2019 - New Report by MicroMarket Monitor 3The Asia-Pacific Speech Analytics market is estimated to reach $208 million by 2019 - New Report by MicroMarket Monitor 4Unmanned Ground Vehicle (UGV) Market Estimated to Reach $8.26 Billion by 2020 - New Research Report by MarketsandMarkets 2Unmanned Ground Vehicle (UGV) Market Estimated to Reach $8.26 Billion by 2020 - New Research Report by MarketsandMarkets 3Unmanned Ground Vehicle (UGV) Market Estimated to Reach $8.26 Billion by 2020 - New Research Report by MarketsandMarkets 4Unmanned Ground Vehicle (UGV) Market Estimated to Reach $8.26 Billion by 2020 - New Research Report by MarketsandMarkets 5
    ... ... ... ... SEATTLE , March 23 /PRNewswire-FirstCall/ - Oncothyreon Inc. (Nasdaq: ONTY ) today announced that Merck Serono, a division of Merck KGaA of ...
    ... Inc., and the University of Massachusetts Amherst announced today that the U.S. Patent and ... Related Materials" describing the novel creation of products, including biofuels, through the fermentation of biomass by ... ... ...
    ... ... lead Brooks Instrument’s customer service and order entry teams with a major focus on integrating ... organization. Dunn will report to Steve Fierce, Brooks Instrument Vice President of Sales. , ... Hatfield, PA (Vocus) March 23, 2010 ...
    Cached Biology Technology:Oncothyreon announces temporary suspension of Stimuvax clinical trials by Merck Serono 2Oncothyreon announces temporary suspension of Stimuvax clinical trials by Merck Serono 3Oncothyreon announces temporary suspension of Stimuvax clinical trials by Merck Serono 4Oncothyreon announces temporary suspension of Stimuvax clinical trials by Merck Serono 5Oncothyreon announces temporary suspension of Stimuvax clinical trials by Merck Serono 6Qteros and UMass Amherst Announce the Issuance of a U.S. Patent for Production of Ethanol From a Unique Microorganism, the Q Microbe(TM) 2Qteros and UMass Amherst Announce the Issuance of a U.S. Patent for Production of Ethanol From a Unique Microorganism, the Q Microbe(TM) 3Qteros and UMass Amherst Announce the Issuance of a U.S. Patent for Production of Ethanol From a Unique Microorganism, the Q Microbe(TM) 4Qteros and UMass Amherst Announce the Issuance of a U.S. Patent for Production of Ethanol From a Unique Microorganism, the Q Microbe(TM) 5Qteros and UMass Amherst Announce the Issuance of a U.S. Patent for Production of Ethanol From a Unique Microorganism, the Q Microbe(TM) 6Daniel Dunn Joins Brooks Instrument as Director of Customer Service 2
    (Date:10/16/2014)... causes severe respiratory tract infections and worldwide claims ... at VIB and Ghent University have succeeded in ... common virus infection. , Xavier Saelens (VIB/UGent): ... the way for the development of a novel ... causes suffering in numerous small children and elderly ...
    (Date:10/15/2014)... a non-traditional biophysics textbook and it describes how life ... of discovery into biological systems and provides an understanding ... is about how our genes make proteins that control ... cells in an organism. It quantifies the principles of ... be found on both large and small scales. The ...
    (Date:10/15/2014)... Fred Alt will be awarded the 44th Rosenstiel Award ... for his pioneering research exploring the mechanisms of genomic ... cancer cells. Alt is the second alumnus to win ... Nobel Prize in 2003. , Alt is the Charles ... at Harvard Medical School and an investigator at the ...
    Breaking Biology News(10 mins):New perspectives for development of an RSV vaccine 2New book about life as seen from physics 2Brandeis awards 44th Rosenstiel Award to pioneering geneticist Fred Alt 2
    ... Researchers at the Whitehead Institute and Memorial Sloan-Kettering Cancer ... yeast Argonaute protein bound to RNA. This complex plays a ... gene expression. Describing the molecular structure of a eukaryotic Argonaute ... close to a decade. "You can learn a lot ...
    ... cotton bollworm to insect-killing cotton plants involves more diverse ... in the journal Proceedings of the National Academy ... insecticides, which can harm animals other than the target ... produce toxins derived from the bacterium Bacillus thuringiensis ...
    ... graduate student has developed a novel means for charting ... Katy Richards-Hrdlicka, a doctoral candidate at the Yale ... amphibians for the presence of Batrachochytrium dendrobatidis , ... extinction. The pathogen is found on every continent inhabited ...
    Cached Biology News:Structure of RNAi complex now crystal clear 2Trouble on the horizon for GM crops? 2Trouble on the horizon for GM crops? 3Trouble on the horizon for GM crops? 4Preserved frogs hold clues to deadly pathogen 2
    ... determinations for petroleum-based applications. Multiple solvents can be used, such as water, benzene, formamide, nitrobenzene, ... ... ... ...
    Fast, sensitive quantitation of total MEK 1/2 concentration....
    ... ultimate in utility and flexibility press-to-seal silicone ... needs of the researcher. They are available ... as sheet material that can be easily ... are autoclavable and non-cytotoxic and can be ...
    ... High Sensitivity Laboratory Osmometer for 50 L samples. Operating head automatically rises at the end of determination; ... ... ... ...
    Biology Products: