The Renewable Fuels Association reports that U.S. ethanol exports reached a new record in February, based on an analysis of the latest government data. According to RFA Research Analyst Ann Lewis, U.S. exports of denatured and undenatured ethanol in February totaled 85.2 million gallons, up 24% from January, the highest February export volume on record. Year-to-date exports at 153.9 million …
Think Tank Ponders Cellulosic Ethanol Link
A new report from centrist think tank Third Way ponders the quest for cellulosic biofuels and concludes that the pathway is via corn ethanol. “This report confirms what the biofuels industry has been saying for some time now – that you cannot have cellulosic ethanol without the continued production and support of grain-based ethanol,” said Growth Energy CEO Tom Buis. …
Happy April Fuels’ Day!
In honor of April Fuels’ Day, National Corn Growers Association CEO Chris Novak and Renewable Fuels Association CEO Bob Dinneen penned the following letter to Congress about the dangers of America’s growing dependence on renewable fuels from the troubled Midwest region. Dear Members of Congress: In recent years, Americans have become increasingly reliant on renewable fuels produced in agricultural states …
Ethanol-Gas Price Difference Back to Normal
Ethanol and gas have settled back into a more normal price differential after three months of being nearly the same once gas prices started to plummet late last year. Renewable Fuels Association president and CEO Bob Dinneen notes that “wholesale ethanol prices traded near parity with—or even above—gasoline prices intermittently in November, December, and January,” but since the end of …
Ethanol Supporters Counter Funding Request
Ethanol and agriculture industry groups sent their own letter to House Appropriations leadership in response to a group of lawmakers calling for the elimination of funding for blender pumps or corn ethanol export promotion. The letter signed by the Renewable Fuels Association, American Coalition for Ethanol, National Farmers Union, National Corn Growers Association, and Growth Energy calls on the subcommittee …
Advanced Biofuels Group Would Reopen RFS
Advanced Biofuels Association President Michael McAdams today called on Congress to amend the Renewable Fuel Standard (RFS) to strengthen it for the “continued development of the advanced and cellulosic industry.” In an address this morning to the 2015 Advanced Bioeconomy Leadership Conference, McAdams said the “RFS simply doesn’t work as well for companies trying to move cutting-edge technology from a …
Biofuels Leaders Defend RFS
Holding a press conference in advance of the American Petroleum Institute continuing its call to repeal the Renewable Fuel Standard (RFS), representatives of the ethanol and advanced biofuels industry and corn growers defended the law and the fuel. Growth Energy CEO Tom Buis said the oil industry is making the same old arguments about ethanol that are simply not true, …
Recovery of China DDGS Market Continues
Ethanol exports from the United States dropped in January and while distillers grains (DDGS) exports were also lower compared to December, the Chinese market for DDGS is showing recovery. According to Renewable Fuels Association (RFA) vice president Geoff Cooper, U.S. ethanol producers exported 68.7 million gallons of ethanol in January, down 9% from December 2014 and the lowest since September …
Leno Anti Ethanol Rant Raises Eyebrows
Former Tonight Show host, comedian, and car enthusiast Jay Leno is being taken to task by automotive experts for a harshly-worded, negative article in AutoWeek entitled “Can’t We Just Get Rid of Ethanol?” The thrust of the article is to support reform or elimination of the Renewable Fuel Standard and even attacks farmers. I just don’t see the need for …
Vilsack Stresses RFS Support at #Classic15
Secretary of Agriculture Tom Vilsack spoke to over 7000 agricultural producers and industry members during his 6th appearance at Commodity Classic on Friday. Sec. Vilsack began by stating that he “was in the presence of greatness” and went on to thank farmers for all that they do on a daily basis. He also thanked farmers for their work on the …