China is lagging behind in its purchases of energy products under the Phase One agreement, but USDA Under Secretary for Trade and Foreign Agricultural Affairs Ted McKinney says they could get there with more ethanol and distillers grains (DDGs). During a virtual appearance at the Agricultural Retailers Association (ARA) annual conference this week, McKinney updated attendees on ag trade with …
MOU Aims To Expand Ethanol Use In Vietnam
The U.S. Grains Council (USGC) signed an official memorandum of understanding (MOU) this week with the Vietnamese Ministry of Industry and Trade (MOIT) aimed at expanding the use and availability of ethanol in Vietnam. The agreement promises to further a strong partnership between the two nations and encourage expanded ethanol use throughout Southeast Asia. “The Council stands ready to support …
U.S. Ethanol Exports to Brazil Already Falling
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 …
President Considering Reciprocal Tariffs on Brazil Ethanol
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.” …
USDA’s McKinney Optimistic About Ethanol Exports
USDA Under Secretary for Trade and Foreign Agricultural Affairs Ted McKinney says he will leave “no stone unturned” in his quest to increase U.S. agricultural exports, including ethanol. McKinney spoke to the Renewable Fuels Association National Ethanol Conference Wednesday about the markets where he sees the most potential for ethanol, including China, Mexico, Brazil, and India. Listen to his remarks: …
Trump Addresses Farm Bureau For Third Year
President Donald Trump addressed farmer and rancher members of the American Farm Bureau Federation for the third year in a row Sunday, and promised to be back next year while continuing to fight for what is important to them. “My administration understands that if we want to stand up for America, we must stand up for American farmers,” said President …
USDA Deputy Secretary Addresses Iowa Biofuels Summit
USDA Deputy Secretary Steve Censky had the pleasure of announcing the Senate passage of USMCA to the crowd at the 2020 Iowa Renewable Fuels Summit Thursday in Altoona, Iowa. “Just about 20 minutes ago, I’m proud to say that the Senate finally passed the U.S. Mexico Canada Agreement on a vote of 89 to 10,” said Censky as the crowd …
Ethanol Groups Optimistic as China Trade Deal is Signed
Ethanol organizations expressed optimism about the signing of the historic Phase One Trade Agreement with China Wednesday, despite China’s announced suspension of its E10 ethanol mandate last week. “We are very optimistic about the potential of this agreement for American agriculture and the renewable fuels industry—with the inclusion of ethanol and key co-products like distillers grains—and are looking forward to …
Ethanol Groups Applaud House Passage of USMCA
Ethanol organizations are praising the U.S. House of Representatives for passing the U.S.-Mexico-Canada Agreement (USMCA) yesterday on a bipartisan vote of 385-41. American Coalition for Ethanol (ACE) CEO Brian Jennings says the new agreement solidifies a multi-billion-dollar export market while providing more certainty to farmers. “Canada is the most reliable export market for U.S. ethanol over the course of time, …
Corn Growers Seek Action on Ethanol and USMCA
Leaders of the National Corn Growers Association (NCGA) and state corn organizations held a news conference Wednesday morning to urge the Trump Administration and members of Congress to finish the job on outstanding trade and ethanol issues important to corn farmers. The past year has presented a perfect storm of challenges for America’s corn farmers. While there have been positive …