The National Biodiesel Board (NBB) and American Soybean Association (ASA) sent a letter this week to Secretary of Commerce Wilbur Ross, requesting a meeting before his department finalizes its review of countervailing duties on biodiesel imports from Argentina. The letter notes that Ross met with the Government of Argentina after issuing a preliminary decision in the review but has not …
USDA Deputy Secretary to Keynote Global Ethanol Summit
USDA Deputy Secretary Steve Censky will speak at the Global Ethanol Summit (GES) in Washington, D.C., scheduled for Oct. 14-15. The Summit, sponsored jointly by the Renewable Fuels Association (RFA), U.S. Grains Council (USGC), and Growth Energy, is planned to engage a broad array of global ethanol leaders about the benefits of expanding ethanol use. Censky’s comments will focus on …
Japan Deal is Good for Grains and Ethanol
The U.S.-Japan trade agreement signed by President Donald Trump this week “will solidify our longstanding partnership for the future and create a platform for growth into new sales and new sectors, including the potential for sales of U.S. ethanol,” according to the U.S. Grains Council (USGC) Japan is one of the largest and most loyal U.S. corn customers, having bought …
Ethanol to Benefit From Japan Trade Agreement
President Donald Trump and Japanese Prime Minister Abe signed a trade deal Wednesday worth billions for U.S. agricultural producers. Under the market access agreement, Japan will open the market to approximately $7 billion in American agricultural exports, eliminating or significantly lowering tariffs for U.S. beef, pork, poultry, wheat, cheese, wine, certain nuts and berries, cherries, ethanol, and more. “So it’s …
Ethanol Exports Drop 6% in July
U.S. ethanol exports were down six percent in July, but the bulk of a 44% drop in shipments to Brazil was almost made up by in gains in other markets, according to data issued by the government and analyzed by the Renewable Fuels Association (RFA). Canada was the top destination for U.S. ethanol for the third consecutive month. Shipments increased …
U.S. Ethanol Groups Unimpressed by Brazil’s Action
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 …
US and Japan Shake on Trade Deal
During the G-7 summit in France Sunday, President Donald Trump and Japanese Prime Minister Shinzo Abe shook hands on a deal “in principle” that involves agricultural products. “(We) have excess corn in various parts of our country, with our farmers, because China did not do what they said they were going to do,” said President Trump. “And Prime Minister Abe, …
ACE Honors Randy Ives with Merle Anderson Award
The American Coalition for Ethanol (ACE) presented its highest award to Randy Ives, U.S. Grains Council (USGC) delegate and a key figure in the development of distiller’s dried grain with solubles (DDGS) and ethanol market development programs. The Merle Anderson Award, named after the founder of ACE, is given to individuals who display unmatched dedication and support to the organization …
RFA Urges Australia to Choose Ethanol Over Petroleum Reserve
The head of the Renewable Fuels Association (RFA) sent a letter to Australia’s energy minister last week encouraging them to strongly consider U.S. ethanol imports as a cleaner, more affordable alternative to purchasing oil from the U.S. Strategic Petroleum Reserve. The letter, from RFA President and CEO Geoff Cooper, cited news reports of Australia’s request for access to the U.S. …
Ethanol is Number One Priority for Grains Council
Ethanol is the number one priority for the U.S. Grains Council today, according to USGC CEO Ryan LeGrand, who spoke at the American Coalition for Ethanol (ACE) conference last week in Omaha. “There’s nothing more important to us right now than ethanol,” said LeGrand. The council has seven priority markets, with Mexico being one of the most significant. While the …