U.S. ethanol exports totaled 162.3 million gallons (mg) in April, according to government data released this morning and analyzed by the Renewable Fuels Association (RFA). This represents a 25% drop from the near-record export volume recorded in March, but still tallied as the fourth-largest monthly export volume in six years. Brazil was the leading destination…
CHART OF NOTE: U.S. ETHANOL EXPORTS CONTINUE UPWARD STREAK
Seven months into the 2017/2018 marketing year, the United States has exported nearly one billion gallons of ethanol, up 15 percent year-over-year and an indication of ethanol exports’ support for U.S. grain demand. March ethanol exports exceeded 215 million gallons, the second highest monthly sales on record behind nearly 220 million gallons in February 2018….
STATEMENT FROM THE U.S. GRAINS COUNCIL ON RENEWABLE FUEL STANDARD AND REALLOCATING RINS
President Donald Trump, today, reaffirmed he will approve year-round sales of 15-percent ethanol fuels without a Renewable Identification Number (RIN) cap. However, he has asked Environmental Protection Agency Administrator Scott Pruitt and Secretary of Agriculture Sonny Perdue to work out the details on an additional item: Reallocating RINs from exempted small refinery gallons to ethanol…
ETHANOL TODAY: HOW USGC WORKS TO DEVELOP THE GLOBAL ETHANOL MARKET
Developing markets has been the centerpiece of the U.S. Grains Council’s work since the organization was founded in 1960. Over the decades, the scope of these efforts has expanded from a focus on corn, sorghum and barley to incorporate co-products like distiller’s dried grains with solubles (DDGS). Now, the Council is also working around the…
TOP ILLINOIS CORN BUYER TURNS EYE TO ETHANOL IMPORTS
Bloomington, Ill.—Japanese authorities have good news for Illinois corn farmers: the government’s new biofuel policy will allow imports of ETBE made from U.S. corn-based ethanol, a decision that was supported in part by research funded with Illinois corn checkoff dollars through the Illinois Corn Marketing Board (ICMB). “The Illinois Corn Marketing Board is pleased to…
NCGA TO PRESIDENT TRUMP: WE CANNOT ACCEPT CHANGES TO THE RENEWABLE FUEL STANDARD
The National Corn Growers Association, along with other agricultural organizations, sent a letter to President Trump on Monday, calling on the President to maintain the integrity of the RFS. “We appreciate the President’s support of the RFS since the early days of his campaign,” said NCGA President Kevin Skunes. “Rural America supported President Trump last…
DECEMBER SEES NEAR-RECORD ETHANOL EXPORTS
The official government numbers are in and they confirm that 2017 was an unprecedented year for ethanol exports. According to government data released today and analyzed by the Renewable Fuels Association (RFA), the year ended with December shipments of 173.3 million gallons (mg) of U.S. ethanol–the largest volume of monthly exports in six years and…
CASEY’S PUTS FOCUS ON AGRICULTURE
MONMOUTH — The ribbon-cutting for Casey’s third Monmouth location, and first Monmouth “super-store,” was underscored by talk of the impact of the store’s ethanol pumps on the surrounding agriculture community. The ribbon-cutting, which took place two weeks after Casey’s “soft” opening, was attended by various members of city government, area politicians, and members of Big…
RISING BRAZILIAN ETHANOL PRICES OPEN WINDOW FOR US IMPORTS
CHICAGO/SAO PAULO, Jan 18 (Reuters) – U.S. ethanol exports to Brazil will spike during the coming months as high gasoline prices and low ethanol supplies drive up demand in the South American country, according to two traders and two brokers active in the market. The southward flow comes as a setback to Brazil’s efforts to…
RFA ANALYSIS FINDS TREMENDOUS PROGRESS MADE TOWARD MEETING ENERGY, ENVIRONMENTAL, ECONOMIC GOALS OF RFS2
Just over ten years ago, then-President George W. Bush signed into law the Energy Independence and Security Act, greatly expanding the scope and impact of the Renewable Fuel Standard (RFS). In the decade since passage, significant progress has been made towards greater energy security, cleaner air and boosting local economies, according to a new analysis by the…