Vietnam is growing as a market for U.S. agricultural products, including ethanol, according to a new report from USDA’s Foreign Agriculture Service. The United States was the largest supplier of ethanol to Vietnam last year at $4.3 million, with a market share of 58 percent. This year, the International Energy Agency forecasts Vietnam to consume around 2.9 billion gallons of …
ACE Releases Annual Conference Agenda
The American Coalition for Ethanol (ACE) has released its preliminary agenda for the upcoming 39th annual ACE Conference, August 19-21 in Minneapolis. The agenda features several key speakers, including U.S. Representative Michelle Fischbach (R-MN), oil market analyst Tom Kloza, and Ryan LeGrand, President and CEO of U.S. Grains and BioProducts Council (USGBC). Representative Fischbach and Tom Kloza will be featured …
New Poll Shows Record Voter Support for E15
Members of the Renewable Fuels Association will be on Capitol Hill this week touting new poll numbers showing a record percentage of registered voters support expanding the availability of E15 fuel and allowing its sale year-round. The latest survey conducted by Morning Consult for the Renewable Fuels Association finds nearly 75 percent of those polled support expanding the availability of …
Ethanol Exports Up in May
U.S. ethanol exports increased 11% in May from April’s sharp downturn as shipments strengthened across most major markets, according to the latest export update from the Renewable Fuels Association. Ethanol exports totaled 189.7 million gallons (mg) in May, with Canada remaining the top destination as exports to that country were up 18% to a six-month high of 76.3 mg. Exports …
E85 Wholesale Prices Remain Low
Average regular gas prices remain at $3.80 per gallon nationwide, while the cost of E85 is averaging $2.69, which is still higher than it should be, according to the Iowa Renewable Fuels Association, which reports wholesale prices as low as 10 cents a gallon for E85 in the state. Executive Director Monte Shaw says the price difference in Iowa between …
ACE to Celebrate Fueling Freedom
As America celebrates its 250th anniversary this week, the American Coalition for Ethanol (ACE) is looking forward to carrying that energy forward next month with the theme “Fueling Freedom” for its 39th Annual Conference in Minneapolis, highlighting how ethanol expands fuel choice, relieves pain at the pump, boosts rural economies, and strengthens U.S. energy security. ACE CEO Brian Jennings says …
Ethanol Report on Energy Independence
The Energy Independence and Security Act of 2007 expanded the Renewable Fuel Standard (RFS) to increase domestic renewable fuel production and enhance energy security. As we celebrate 250 years of our nation’s independence, more Americans than ever before are recognizing the important role the RFS plays in helping us be more energy independent. In this Independence Day edition of the …
Poll Shows Record Support for RFS
A new nationwide poll just released by the Renewable Fuels Association (RFA) shows a record 74 percent of registered voters support the Renewable Fuel Standard (RFS) today, with just 12 percent opposed to the policy first enacted in 2005 and expanded in 2007. This is the highest level of support for the RFS in 10 years of quarterly polling by …
USDA Finalizes Regenerative Feedstock Rule
As President Donald Trump signed an Executive Order this week advancing regenerative agriculture, USDA Secretary Brooke Rollins announced a final Regenerative Feedstock Rule designed to help farmers voluntarily capture new value from regenerative agricultural practices through biofuel markets. The Regenerative Feedstock Rule establishes a framework to connect regenerative agriculture practices to new markets within the biofuel supply chain for corn, …
White House Includes E15 in Funding Request
Ethanol supporters were pleased to see the Trump administration include passage of legislation to allow year-round sales of E15 in its $87.6 billion supplemental spending request to “address urgent needs related to Operation Epic Fury (OEF), in addition to other critical needs such as…supporting hardworking American farmers.” The supplemental request to Congress from Russel Vought, director of the Office of …