U.S. ETHANOL, DDGS EXPORTS RISE IN JULY

U.S. ethanol exports totaled 116.7 million gallons (mg) in July, up 26% from June shipments, according to government data released this morning and analyzed by the Renewable fuels Association (RFA). Canada and Brazil were again the top destinations for U.S. exports, combining to receive nearly two-thirds of total exports in July. Year-to-date U.S. ethanol exports…

Read More…

NEW ACADEMIC JOURNAL STUDY: RFS OFFERS SUBSTANTIAL BENEFITS TO U.S. ECONOMY

WASHINGTON – A new economic modeling study that will soon be published in the American Journal of Agricultural Economics finds that the Renewable Fuel Standard (RFS) has substantially benefited the U.S. economy by lowering gasoline and crude oil prices, cutting crude oil imports, adding value to U.S.-produced agricultural commodities, and reducing U.S. greenhouse gas (GHG) emissions. “The…

Read More…

HAPPY ANNIVERSARY TO THE ORIGINAL RFS

WASHINGTON – Twelve years ago today, I was in a canoe in the middle of Lake Winnipesaukee, N.H., celebrating the signing of the single most successful clean fuels policy in our nation—the original Renewable Fuel Standard (RFS). On Aug. 8, 2005, President George W. Bush signed the Energy Policy Act of 2005 into law, which…

Read More…

NO VOTE SCHEDULED FOR BILL TO EXPAND E15 MARKET ACCESS

We’re disappointed to hear the news out of Washington that the U.S. Senate Committee on Environment and Public Works (EPW) has determined they won’t take a vote prior to the August recess on a bill that would expand market access for E15. The legislation, S. 517 Consumer and Fuel Retailer Choice Act, would address an…

Read More…

THE REAL ARGUMENT AGAINST RENEWABLE FUELS

You may have read early last week that the EPA released Renewable Volume Obligations (RVO) for 2018.  These numbers tell fuel retailers how much renewable fuels they must sell in any given year, with the goal of slowly increasing the amount of renewable fuels used in the U.S. More renewable fuels equal cleaner air, more energy…

Read More…

ETHANOL EXPORTS A BRIGHT SPOT FOR CORN DEMAND

As corn prices remain low, new markets are vital. As far as corn goes, your corn-based ethanol is finding a home in export markets around the world. One of them may be unexpected: Brazil. Brazil has long been a user of high-inclusion-rates of ethanol blends in their nation’s fuel supply. But that ethanol has historically…

Read More…

YOUR CORN ETHANOL WILL BE CLEARING THE AIR IN MEXICO

This is a big deal, so read carefully. A significant opportunity to improve the demand picture for your IL Corn in underway in Mexico. Due to the work of the U.S. Grains Council, with support from your IL Corn checkoff dollars and state-level experts, the Mexican fuel market will soon enjoy the opportunity for 10%…

Read More…

U.S. DDGS MARKETS DIVERSIFY, KEEP EXPORTS STEADY

Despite market challenges, the latest U.S. Department of Agriculture (USDA) trade data show exports of U.S. distiller’s dried grains with solubles (DDGS) have remained steady due to attractive prices, available supply and market development efforts by the U.S. Grains Council (USGC) among a diversity of buyers. From September 2016 to March 2017, USDA reported the…

Read More…

MILITARY VETERANS MORE LIKELY TO WORK IN ETHANOL INDUSTRY

WASHINGTON — A new Department of Energy (DOE) study on employment in the U.S. energy sector shows that America’s ethanol industry employs a significantly larger share of military veterans than any other segment of the energy industry. Nearly one in five ethanol industry employees is a veteran (18.9%), compared to a national average of 7% across…

Read More…

WHAT IS THIS THING CALLED THE POINT OF OBLIGATION?

If you’ve been paying attention to ag news this week and last, you’ve undoubtedly heard about something called the Point of Obligation. You probably picked up on the fact that it has to do with ethanol and the Renewable Fuel Standard. But what is the Point of Obligation (PoO) exactly? Well let’s see if we…

Read More…