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:12/19/2014)... Dec. 18, 2014   ISN has released ... Performance Indicators publication series. With data aggregated ... reported in 2013 within its online contractor management platform, ... key performance indicator (KPI) statistics. The ... publication is available in two industry specific ...
    (Date:12/17/2014)... December 16, 2014 “Never say, ... Philipps- Universität Marburg’s Department of Physics, advises young ... the newly released SPIE Women in Optics ... too shy to ask questions.” , In the ... and mathematics) occupations ranging from university professor and ...
    (Date:12/17/2014)... (PRWEB) December 17, 2014 This ... Global Quartz Tubing industry. For an overview analysis, ... classification, application, industry chain structure, industry overview, policy ... quartz tubing industry has witnessed rapid development ... number of acquisitions. This report mentions quartz tubing ...
    (Date:12/17/2014)... 2014  Vermillion, Inc. (NASDAQ: VRML ), ... announced the next step in its expanded strategy to ... with the naming of current Chief Operating Officer, ... while current Chairman of the Board and CEO ... These changes are effective January 1, 2015. ...
    Breaking Biology Technology:ISN Releases Third Edition of US Contractor Health & Safety Performance Indicators Publication Series 2ISN Releases Third Edition of US Contractor Health & Safety Performance Indicators Publication Series 3Network, Multitask, Persevere: SPIE Women in Optics Planner Subjects Share from Experience 2Network, Multitask, Persevere: SPIE Women in Optics Planner Subjects Share from Experience 32020 Quartz Tubing Market: Global Development & Forecasts Analysis Now at DeepResearchReports.com 2Vermillion Names Valerie Palmieri CEO; James LaFrance to continue as Chairman of Board 2Vermillion Names Valerie Palmieri CEO; James LaFrance to continue as Chairman of Board 3Vermillion Names Valerie Palmieri CEO; James LaFrance to continue as Chairman of Board 4
    ... Dec. 13 Neurocrine Biosciences,Inc. (Nasdaq: NBIX ) ... U.S. Food and Drug Administration (FDA) indicating,that the New ... mg capsules,for the treatment of insomnia is approvable pending ... the Company received an action letter from the FDA,stating ...
    ... Company Mails Letter to Shareholders, MONTVALE, N.J., ... today announced that Glass Lewis & Co., one ... that Datascope,shareholders re-elect the Board,s nominees -- James ... Company,s Annual Meeting of Shareholders on,Thursday, December 20, ...
    ... The National Institute of Standards and Technology (NIST) has ... properties of materialshow stiff or stretchy they are, for ... meter. The new tool can be a cost-effective way ... composites or thin-film structures. , The NIST nanomechanical mapper ...
    Cached Biology Technology:Neurocrine Receives Approvable Letter for Indiplon Capsules with Additional Safety and Efficacy Data Required by FDA 2Neurocrine Receives Approvable Letter for Indiplon Capsules with Additional Safety and Efficacy Data Required by FDA 3Glass Lewis Recommends Datascope Shareholders Vote for Re-Election of the Board's Directors 2Glass Lewis Recommends Datascope Shareholders Vote for Re-Election of the Board's Directors 3Glass Lewis Recommends Datascope Shareholders Vote for Re-Election of the Board's Directors 4Glass Lewis Recommends Datascope Shareholders Vote for Re-Election of the Board's Directors 5Glass Lewis Recommends Datascope Shareholders Vote for Re-Election of the Board's Directors 6Glass Lewis Recommends Datascope Shareholders Vote for Re-Election of the Board's Directors 7NIST imaging system maps nanomechanical properties 2
    (Date:12/17/2014)... Research and Markets ( http://www.researchandmarkets.com/research/s6qzt5/samsung_galaxy_s5 ... "Samsung Galaxy S5 - Home Button Synaptics Fingerprint ... http://photos.prnewswire.com/prnh/20130307/600769 ... than the iPhone 5S, Samsung introduces for the ... The Galaxy S5 home button presents ...
    (Date:12/17/2014)... 16, 2014  Automation is fundamentally transforming the ... than at international borders. Over the past decade, ... allowed veteran travelers to self process through border ... Kiosks at an increasing number of airports, seaports, ... According to Maxine Most , Principal ...
    (Date:12/11/2014)... Dec. 10, 2014  Data Sciences International (DSI), ... released a new series of digital telemetry implants ... researchers. M series, part of the PhysioTel™ Digital ... best possible physiologic data when incorporating functional endpoints ... endpoints to toxicology studies has evolved from short ...
    Breaking Biology News(10 mins):Samsung Galaxy S5 - Home Button Synaptics Fingerprint Sensor Technology Analysis 2Automated Border Control (ABC) Transforms the Global Travel Experience With More Than 2500 ABC eGates and APC Kiosks Deployed In Airports, Seaports, and Land Borders Worldwide 2New telemetry implants expected to change how large animal toxicology studies are conducted 2
    ... for Microbiology (ASM) announces a new quarterly publication, ... and the global challenges we all share by bringing ... issue will feature articles and interviews focused around a ... "What is the role of scientists in addressing today,s ...
    ... comprehensive genetic study to date of the blood cancer multiple ... may be more complicated than previously thought. Through results published ... researchers has shown that an individual patient,s tumor can harbor ... could have therapeutic implications for patients in the future. ...
    ... have found a way to project future habitat ... for threatened biodiversity. Associate Professor Grant Wardell-Johnson ... Institute for Biodiversity and Climate, along with lead ... now at Wageningen University in the Netherlands, developed ...
    Cached Biology News:Multiple myeloma study uncovers genetic diversity within tumors 2Multiple myeloma study uncovers genetic diversity within tumors 3Safe havens revealed for biodiversity in a changed climate 2
    ABI Plant AFLP Kits • EcoRI-ACA AFLP Amplification Primers...
    Lipid-rich bovine serum albumin for cell culture. It is chromatographically purified and has an IgG content 1.0% (w/w)....
    Penicillin-Streptomycin liquid...
    ...
    Biology Products: