Leaders from the Renewable Fuels Association, U.S. Grains Council (USGC) and Growth Energy this week signed a Memorandum of Understanding (MOU) with Petrolimex, the largest petroleum distributor in Viet Nam, to promote the implementation of greater ethanol usage in that country. The MOU follows the Viet Nam Ministry of Industry adopting a directive in December 2024 that aims to boost …
Ethanol Exports Start Strong in 2025
Coming off a record-breaking 2024, U.S. ethanol exports kicked off 2025 with momentum, according to the latest trade monitor report from the Renewable Fuels Association. Ethanol exports increased two percent in January to reach a nine-month high of 198.1 million gallons (mg), fueled by surging shipments to India, which tripled its imports to 35.1 mg, the highest in four years. …
EIA Confirms 2024 Record Ethanol Production and Exports
The latest data from the Energy Information Administration show U.S. ethanol production hit a record 16.22 billion gallons (bg) in 2024, spurred by rising domestic consumption and record exports of 1.92 bg, according to the Renewable Fuels Association (RFA). Domestic usage increased to 14.26 bg, the highest level since 2019, reflecting the continued expansion in the number of retail stations …
Ethanol Exports Offer Industry Opportunities
There were a thousand and one reasons to attend the last session of the National Ethanol Conference Wednesday, and one of them was learning about the potential for expanding the global market for ethanol. Exports of U.S. ethanol hit record highs last year and are booming as countries around the world recognize the economic and environmental benefits of American-made renewable …
President Announces Reciprocal Tariffs on Brazil Ethanol
President Donald Trump signed a Memorandum Thursday ordering the “development of a comprehensive plan for restoring fairness in U.S. trade relationships and countering non-reciprocal trading arrangements” and that includes Brazilian tariffs on U.S. ethanol. The White House fact sheet on the plan notes “endless examples where our trading partners do not give the United States reciprocal treatment” and the first …
CoBank: Exports Key to Ethanol Industry Growth
The export market still offers the most promising opportunity to drive U.S. ethanol demand in 2025, according to a new report from CoBank’s Knowledge Exchange. “Ethanol used for higher level blends is expected to increase annually in the U.S., but it constitutes only a small portion of overall ethanol demand due to the market’s size,” said Jacqui Fatka, farm supply …
Trump Talks Ethanol With Japan
President Trump wants to supply Japan with U.S. ethanol. During a press conference with Trump, Japanese Prime Minister Shigeru Ishiba said his country is interested in importing … “bioethanol, ammonia and other resources” which could help reduce the U.S. trade deficit with Japan. “I want to just say that, on the ethanol, Iowa is going to be very happy. Nebraska, …
RFA Reports 2024 Ethanol and Distillers Grains Exports
New statistical reports released this week by the Renewable Fuels Association show ethanol export volume and overall export value hit record highs last year. According to the reports, the value of the U.S. ethanol industry’s exports rose to a peak of $7.5 billion in 2024, fueled by a record 1.91 billion gallons of ethanol exported in 2024. Meanwhile, distillers grains …
Senators Question USTR Nominee on Biofuels Trade
Biofuels and ethanol, particularly in relation to Brazilian tariffs, were a topic of discussion during Thursday’s Senate Finance Committee hearing for the nomination of Jamieson Greer as the United States Trade Representative (USTR). Senators Chuck Grassley (R-IA) and Roger Marshall (R-KS) both questioned Greer about the issue of Brazil’s tariffs on U.S. ethanol imports. “There are a lot of items …
2024 Ethanol Exports Set New Record Before Year’s End
A record year for ethanol exports has already been declared, even before the official year-end data has been tabulated. The latest data released Tuesday by the Census Bureau has U.S. ethanol exports for 2024 totaling 1.72 billion gallons just through November, already surpassing the previous annual record of 1.67 billion gallons set in 2018. With one month of data to …