Brazil and US Agree to Extend Quota for 90 Days

Cindy Zimmerman Leave a Comment

Trade representatives from Brazil and the United States have agreed to a 90 day extension of the tariff-rate quota (TRQ) for ethanol as both sides continue to discuss ways they can improve market access to “achieve reciprocal and proportional outcomes that generate trade and open markets to the benefit of both countries.” According to a joint statement released by the …

Brazil, Ethanol, Ethanol News, Exports

U.S. Ethanol Exports to Brazil Already Falling

Cindy Zimmerman

Despite no official announcement, technically once the August 31 deadline passed, all U.S. ethanol shipped to Brazil became subject to a 20 percent tariff. However, U.S. exports to Brazil have already been declining this year, according to the Renewable Fuels Association (RFA). The latest government data shows U.S. ethanol exports down to 74 million gallons in July, a decrease of …

Brazil, Ethanol, Ethanol News, RFA, Trade

Lawmakers Urge USTR to Prioritize Brazil Ethanol Tariffs

Cindy Zimmerman

U.S. Representatives Darin LaHood (IL-18) and Adrian Smith (NE-03) spearheaded a bipartisan letter urging U.S. Trade Representative (USTR) Robert Lighthizer to prioritize Brazilian trade barriers to U.S. ethanol during ongoing US-Brazil trade negotiations. Reps. LaHood and Smith both serve on the House Ways and Means Committee, and Rep. LaHood is co-chair of the U.S.-Brazil Caucus. The letter calls for a …

Brazil, Ethanol, Ethanol News, Exports

President Considering Reciprocal Tariffs on Brazil Ethanol

Cindy Zimmerman

President Donald Trump was asked about efforts to lower or eliminate Brazil’s tariffs on U.S. ethanol during a press conference this week. “I think that as far as Brazil is concerned, if they do tariffs, we have to have an equalization of tariffs,” President Trump responded. “It’s called reciprocal tariffs and you may be seeing something on that very soon.” …

Brazil, Ethanol, Ethanol News, Exports, RFA, Trade

US Ethanol Exporters and Brazil Importers Oppose TRQ

Cindy Zimmerman

Exporters of U.S. ethanol and Brazilian importers of the same are united in opposition to the Brazilian government action amending the recent August 31st rule that raised the tariff rate quota (TRQ) on U.S. ethanol imports from 600 million to nearly 750 million liters per year. The TRQ regulates the threshold of ethanol that can be imported into Brazil without …

Brazil, Ethanol, Ethanol News, Exports

U.S. Ethanol Groups Unimpressed by Brazil’s Action

Cindy Zimmerman

Brazil will allow another 150 million liters of U.S. ethanol imports into the country each year before charging a 20% import tariff, increasing the tariff rate quota (TRQ) to 750 million from 600 million liters per year, but U.S. trade and ethanol organizations are unimpressed. Renewable Fuels Association President and CEO Geoff Cooper says maintaining any protectionist trade barrier represents …

Brazil, Ethanol, Ethanol News, Exports, RFA, UNICA, USGC

BP and Bunge Grow Biofuels Business in Brazil

Cindy Zimmerman

BP and Bunge have formed a 50:50 joint venture to create a world-scale producer of sugarcane ethanol in Brazil, BP Bunge Bioenergia. BP will combine its Brazilian biofuels and biopower businesses with that of Bunge and BP’s interest in the new venture will grow its existing biofuels business by more than 50 percent. Brazil is the world’s second largest and …

biofuels, Brazil, Ethanol, Ethanol News, International, sugarcane

RFA Comments on Brazil RenovaBio Program

Cindy Zimmerman

Since Brazil’s new RenovaBio program will likely cause significant growth in the country’s biofuels consumption, the Renewable Fuels Association (RFA) wants to make sure their methodology for estimating carbon intensity correctly reflects the emissions impacts of corn ethanol. Under RenovaBio, which was approved in late December 2017, the average carbon intensity (CI) of gasoline must be reduced by 10.1% by …

Brazil, corn, Ethanol, Ethanol News, RFA

Global Panel Wraps Up #RFANEC18

Cindy Zimmerman

The National Ethanol Conference concluded this week with the always popular panel of international industry organization leaders. Bliss Baker with the Global Renewable Fuels Alliance moderated the discussion which included Emmanuel Desplechin, ePURE; Jim Grey, Renewable Industries Canada; Elizabeth Farina, Brazilian Sugarcane Industry Association (UNICA); and Bob Dinneen, Renewable Fuels Association. As always, Dinneen used the panel to publicly address …

Audio, Brazil, Ethanol, Ethanol News, International, National Ethanol Conference, RFA

Summit Agricultural Group to expand FS Bioenergia

Cindy Zimmerman

Summit Agricultural Group has announced a $100 million expansion of FS Bioenergia, its corn ethanol production facility in Brazil. The expansion of the plant is forecast for completion in the first quarter of 2019 and will more than double annual corn ethanol production from 60 million gallons to 140 million gallons. With this expansion, FS Bioenergia will annually process over …

Brazil, corn, Ethanol, Ethanol News