Exports of U.S. ethanol in February were the highest in a single month since late 2011, at 138.0 million gallons (mg), according to government data analyzed by the Renewable Fuels Association research analyst Ann Lewis. Brazil was again the top customer, taking in more than one-third of all U.S. ethanol exports (50.8 mg, or 37%) but 14% less than record …
Saudi Arabia Buying More US DDGs
Saudi Arabia is ramping up its purchases of the ethanol co-product distiller’s dried grains with solubles (DDGS) from the United States, according to the U.S. Grains Council. Last month, Saudi buyers purchased 18,000 metric tons of U.S. DDGS, a relatively large amount and a dramatic increase from total sales of just 8,400 metric tons in 2014. While the dairy and …
#RFANEC Attendees Introduced to EXIM Bank
One of the sessions held during last week’s National Ethanol Conference gave attendees the opportunity to learn more about the Export Import Bank of the United States (EXIM), the official export credit agency of the U.S. government. In her presentation, Sandra Donzella, Deputy Managing Director for the Western Region, explained how EXIM provides help to exporters by filling financing gaps …
The Global Trends Driving #Ethanol Demand
Ethanol exports continue to serve as a valuable and expanding revenue source for the U.S. ethanol industry. As part of a presentation during last week’s National Ethanol Conference, Scott Richman, Senior Vice President, Informa Economics, provided an in-depth look at current market trends associated with global trade in ethanol and key factors that are driving ethanol demand. “While the domestic …
Ethanol Export Opportunities in Sight at #RFANEC
For the second year in a row, the Renewable Fuels Association (RFA) joined with the U.S. Department of Commerce’s International Trade Administration to host an International Buyer Program (IBP) at the National Ethanol Conference. The program, designed to introduce U.S. ethanol sellers to foreign buyers in an effort to expand U.S. exports, included 18 international companies from seven top ethanol …
#Ethanol Shaping The Future of Exports
Ethanol was a popular topic for discussion during the 2017 U.S. Grains Council (USGC) Winter Meeting, held last week in Panama City, Panama, with many USGC representatives believing that improving global ethanol demand will be key in sustaining a successful export market for U.S. corn and corn products. “Our ethanol program that we’ve put a lot of effort in recently …
Trade Talk about Ethanol Exports at #USGC17
Exports of U.S. ethanol and distillers feed co-products has been a big topic this week at the U.S. Grains Council (USGC) 14th International Marketing Conference & 57th Annual Membership Meeting in Panama City, Panama. USGC president and CEO Tom Sleight says the export picture is changing but still positive. “Last year we had China buying a lot, now Brazil is …
Lower DDGs Exported to China in 2016
A new report from the Renewable Fuels Association (RFA) shows that U.S. exports of the ethanol co-product distillers grains (DG) were lower last year, mainly due to a significant drop in exports to China. Exports of the high protein co-product of dry mill ethanol production used to feed livestock and poultry totaled 11.48 million metric tons (MMT) in 2016, down …
#Ethanol Report on Export Picture
Ethanol exports are in the news this week. First we heard about record net ethanol exports for 2016 in a new report from the Renewable Fuels Association (RFA), followed quickly by an industry letter to President Trump drawing attention to China’s trade barriers that are shutting out U.S. exports of ethanol and distillers feed co-products. In this Ethanol Report, RFA …
Trump Urged to Address China #Ethanol Trade Barriers
Ethanol and grain trade organizations are urging President Donald Trump to put America first and address “China’s recent implementation of protectionist trade barriers that are shutting out U.S. exports of ethanol and distillers dried grains (DDGS).” The U.S. Grains Council (USGC), Renewable Fuels Association (RFA) and Growth Energy sent a letter to the president this week calling his attention to …