After a big start to 2021, U.S. ethanol exports took a dive in February, dropping 38% after January’s volume set a record high for the month. Renewable Fuels Association (RFA) Senior Analyst Ann Lewis shared the numbers in RFA’s latest Trade Monitor report. Exports were 101.7 million gallons (mg), with half destined for just three countries. However, exports spiked to …
Next Gen DDGs Offer New Opportunities
New corn fractionation technologies at dry mills offer the potential for ethanol producers to produce specialized Dried Distillers Grains with Solubles (DDGs) for specific livestock and poultry needs, according to the National Corn Growers Association (NCGA). As these next generation DDGs products become increasingly competitive in their nutritional composition, ethanol manufacturers have the opportunity to diversify their portfolio, plugging into …
U.S. Ethanol Exports Hit a Record-High January
China and India helped ethanol exports accelerate in January to hit a record high for the month, according to Renewable Fuels Association analyst Ann Lewis. American shippers rallied at the start of the year with ethanol exports surging 48% ahead of December volumes to 164.6 million gallons (mg). This marks a record-high for January exports. Three-quarters of shipments were destined …
China Starting to Buy U.S. Ethanol
Reports that China is buying U.S. ethanol again sent a positive message to the industry Tuesday that the Phase One trade agreement promises may yet be met. During an investor call, Archer Daniels Midland Co-Chief Financial Officer Ray Young said they believe China has already made commitments “in the first half of the year for U.S. ethanol equal to the …
US Ethanol Exports Explode in October
According to the latest analysis from the Renewable Fuels Association, U.S. ethanol exports in October rocketed 64% higher to 126.5 million gallons (mg), the largest volume since March. Shipments crossing the border to Canada rebounded by 11% (35.6 mg), equivalent to 28% of total U.S. ethanol exports. The Netherlands purchased record gallons (24.2 mg) while sales to South Korea jumped …
McKinney: China Needs to Buy More Ethanol
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 …
Video Spotlights Ethanol’s Important Co-Products
A new educational video from the Renewable Fuels Association and Kansas Corn spotlights all of the important co-products that come from ethanol production. Those products include distillers grains for livestock feed, distillers oil used to make biodiesel, and captured carbon dioxide for the food and beverage industries. With fuel ethanol demand experiencing a significant reduction during the COVID-19 pandemic, which …
Export Exchange 2020 Postponed to 2021
The biennial Export Exchange is being postponed until 2021. The Exchange is co-sponsored by the Renewable Fuels Association, U.S. Grains Council, and Growth Energy and held every other year to bring together buyers and sellers of U.S. coarse grains and co-products, including the distiller’s dried grains with solubles (DDGS). The three organizations issued a joint statement on the postponement. “As …
USDA Lowers Corn for Ethanol Outlook
COVID-19 took its toll on the April World Agricultural Supply and Demand Estimates released Thursday, especially for corn and soybeans. This month’s 2019/20 U.S. corn outlook is for reduced imports, greater feed and residual use, lower food, seed, and industrial use, and larger stocks. Feed and residual use is raised 150 million bushels to 5.675 billion. This is based on …
Farm Bureau Details COVID-19 Impact on Ethanol
Agricultural commodity prices are taking big hits from the COVID-19 emergency, and one of the most hard hit sectors is ethanol, according to the American Farm Bureau Federation (AFBF). In the past month, dairy prices have dropped 26-36%, corn futures have dropped by 14%, soybean futures are down 8% and cotton futures have plummeted 31%. Hog futures are down by …