New statistical reports just released by the Renewable Fuels Association show the value of the U.S. ethanol industry’s exports soared to a record level of $7.2 billion in 2022. Ethanol export volumes strengthened to 1.35 billion gallons in 2022, an increase of 9 percent over 2021 and the fourth-highest level on record, amid tight global fuel supplies. The value of …
Export Exchange 2022 Leads to $225 Million in Sales
Export Exchange 2022 last month in Minneapolis is already making bank for participants, according to surveys of overseas grain buyers who attended saying they purchased at least $225 million worth of grain and ethanol co-product. Buyers and end-users were surveyed after the conference to see if they had made any purchase agreements with sellers and if so, how much was …
Trade Teams Visit Farms and Ethanol Plants
Before and after Export Exchange 2022 last week, international trade teams consisting of agricultural product importers, government officials and agribusiness leaders had the opportunity to visit farms, ethanol plants, and export facilities around the U.S. The trade teams represented more than 50 countries interested in U.S. corn, distiller’s dried grains with solubles (DDGS) and sorghum. They traveled to a variety …
Ethanol Report from Export Exchange 2022
Export Exchange was back for the first time in four years with the 2022 conference in Minneapolis October 12-14 and attendance was as good as it has been in the past with more than 200 international customers from 50 countries and nearly 300 domestic suppliers of grains and co-products, including distiller’s dried grains with solubles (DDGS). This marked the sixth …
DDGS Export Market Both Consistent and Uncertain
Consistent and uncertain were the two words Matthew Fitzthum with CHS, Inc. used to describe the market for dried distillers grains with solubles (DDGS) right now. Fitzthum, who is Co-Products Commodity Trading Manager at CHS Inc and serves as chair of the Renewable Fuels Association co-products committee, spoke at last week’s Export Exchange. “We consistently make about the same amount …
RFA Pleased to Co-Sponsor Export Exchange
The Renewable Fuels Association (RFA) was pleased to co-sponsor the biennial Export Exchange last week for the sixth time. The Export Exchange was first held under that name in 2010 under the co-sponsorship of RFA and the U.S. Grains Council and 2022 marked number six, since 2020 was missed due to COVID. RFA Vice President of Regulatory Affairs Kelly Davis …
Marketing High Protein DDGS to Export Markets
High protein distiller’s dried grains with solubles (DDGS) is in high demand in some parts of the world and ACE Ethanol is meeting up with potential customers this week at the 2022 Export Exchange in Minneapolis. “We actually have a cellulosic ethanol process and the result of that process is a higher protein distillers grain that’s about 38-40 percent protein,” …
Export Exchange is Underway in Minneapolis
The 2022 Export Exchange welcomed hundreds of buyers and sellers of U.S. coarse grains and co-products to Minneapolis Wednesday evening for a reception prior to the official kickoff of the event Thursday. “It’s looking great,” said Chad Willis, a farmer from Minnesota and past chair of the U.S. Grains Council (USGC). “After COVID, everybody wanted to get out and be …
Hundreds of Grain Buyers Expected at Export Exchange
More than 200 international customers from 50 countries and nearly 300 domestic suppliers of grains and co-products, including distiller’s dried grains with solubles (DDGS), are arriving in Minneapolis this week for Export Exchange 2022, the first time the event has been held since 2018. The event is co-sponsored by the Renewable Fuels Association and RFA President and CEO Geoff Cooper …
U.S. Exports of Ethanol and DDGS Up in July
In the latest trade monitor update from the Renewable Fuels Association, U.S. exports of both ethanol and the co-product dried distillers grains (DDGS) were up in July. Exports of ethanol increased six percent in July to 107.2 million gallons (mg), marking the tenth consecutive month that exports were over 100 mg. Canada imported 41.6 mg, up 1%, to maintain its …