U.S. exports of the ethanol co-product distillers grains set a new record last year and exports of ethanol were lower but still strong. According to the latest government statistics, exports of distillers dried grains with solubles (DDGS) totaled a record 9.7 million metric tons (mmt) last year, up 31% from 2012 and well above the previous record of 9.0 mmt …
Ag Chief Addresses Concerns About Loans to Ethanol Plants
Agriculture Secretary Ed Schafer met with livestock, dairy, and feed grain organizations on Monday to explain how some rural businesses – including both ethanol plants and livestock industries – may be eligible for the USDA’s Business and Industry Loan Guarantee Program. “We walked through the B&I loan guarantee program, which has been used by their memberships, and we assured them …