Minnesota Bio-Fuels Association has just released a new study by the University of Minnesota Extension shows the ethanol industry contributed $2.5 billion to Minnesota’s gross domestic product (GDP) in 2023. According to the study, the industry produced 1.35 billion gallons of ethanol in 2023, resulting in $6.6 billion in economic activity and supported 20,914 jobs. The industry also generated $1.3 …
Corn Farmers Express Concerns About EV Focus
Thousands of farmers from across the country signed a letter that was sent to President Joe Biden last week expressing concern that his administration is taking a short-sighted approach to addressing climate change by prioritizing the use of electric vehicles over biofuels, such as corn ethanol, as it works to drastically lower the nation’s greenhouse gas emissions. “If we are …
RFA Reports Record Ethanol Industry Export Value
According to new reports from the Renewable Fuels Association, the value of the U.S. ethanol industry’s exports hit a record level of just over $7.1 billion in 2023. The volume of ethanol exports was the third-highest level on record at 1.43 billion gallons in 2023, while exports of distillers grains shipments registered at 10.8 million metric tons, slightly down from …
Ethanol Report Preview of NEC
The Renewable Fuels Association National Ethanol Conference is the nation’s most widely attended executive-level conference for the ethanol industry, and this year’s conference February 19-21 in San Diego is anticipated to be one of the largest in recent years. Nearly 1,000 industry professionals are expected to attend the conference with the theme “Powered by Partnerships” to reflect the deeply collaborative …
Iowa Awards $3.4 Million to Expand E15 Availability
The Iowa Renewable Fuels Infrastructure Program (RFIP) has approved 74 project applications totaling more than $3.4 million in cost-share funding for Iowa fuel retailers for the first quarter to fund a record 73 ethanol cost-share projects to increase availability of E15 across the state. The board also approved one application for a new biodiesel terminal project. Once completed, these projects …
Secretary Vilsack to Speak at National Ethanol Conference
The Renewable Fuels Association is proud to announce that USDA Agriculture Secretary Tom Vilsack will speak at the 2024 National Ethanol Conference in San Diego. Sec. Vilsack will speak to nearly 1,000 conference attendees Tuesday morning, Feb. 20. “We are truly honored to have Secretary Vilsack joining us at this year’s conference, and we look forward to hearing his perspective …
Biofuels Industry Mourns Loss of Bill Northey
The tributes began pouring in as soon as the shock wore off Monday when the news broke that former Iowa Agriculture Secretary and USDA Under Secretary for Farm Production and Conservation Bill Northey had died at the age of 64. The Agribusiness Association of Iowa (AAI) where Northey served as CEO shared the news of his passing. “The state of …
Iowa Ethanol Production Up, Biodiesel Steady
In 2023, Iowa ethanol production increased to a record-breaking 4.6 billion gallons, up from the previous record of 4.5 billion gallons in 2022, according to the Iowa Renewable Fuels Association (IRFA). “Given relatively stable ethanol demand over the last few years, it was a pleasant surprise to crunch the numbers and find Iowa ethanol producers again increased production,” said IRFA …
Report: Biofuels Needed for MN Clean Transportation Standard
A working group report shows biofuels must be included in a fuel- and technology-neutral Clean Transportation Standard (CTS) for Minnesota to achieve its greenhouse gas (GHG) emission reduction goals. “The Minnesota Bio-Fuels Association is committed to working with the legislature to ensure any CTS program is fuel- and technology-neutral so that we can meet GHG reduction targets while offering market …
International Grains Council Considers Biofuels Outlook
The United States hosted the 59th International Grains Council Session and 2024 Grains Forum this past week in New Orleans, Louisiana. The IGC discusses world grain market developments, monitors changes in national grain policies and provides critical grain and oilseed market information and analysis to its members. The event kicked off with a Mississippi river tour sponsored by the North …