The U.S. Department of Agriculture this week released the American Biofuels Trade Outlook, a plan that builds upon 2025’s record U.S. ethanol export performance, removes restrictions to American biofuels, and secures new market opportunities for U.S. farmers. “American farmers are fueling the future, and the American Biofuel Trade Outlook outlines the USDA’s exact plan to ensure that success continues, and …
USDA Report Highlights Ethanol Export Wildcards
U.S. ethanol exports set new volume and value records over the past two calendar years and are ahead of last year’s record pace through June of this year, but a new USDA report indicates there are a handful of wildcards that could greatly impact exports throughout the rest of the year. According to a new report from USDA’s Foreign Agriculture …
Ethanol Exports Still on Track for Record Year
Ethanol exports were lower in July but remain on target to score another record year. According to the Renewable Fuels Association’s latest Trade Monitor, U.S. ethanol exports were down three percent in July, but the total for the year through July is 1.41 billion gallons, running 13% ahead of the same period last year. Canada remained the leading destination for …
Ethanol Exports Expected to Set Another New Record
U.S. ethanol exports are on track to set a new record for the third consecutive year, according to Ryan LeGrand, president and CEO of the U.S. Grains and Bioproducts Council. Speaking last week at the American Coalition for Ethanol’s 39th annual conference, LeGrand highlighted robust demand driven by expanding middle classes abroad and supportive policies in key markets. “When the …
Guatemala Launches E10 Mandate
Guatemala officially launched its nationwide ethanol-gasoline blending program this month, becoming the first Central American country to mandate an E10 blend and establishing an export market for U.S. ethanol of 70 to 100 million gallons annually, according to the U.S. Grains and Bioproducts Council (USGBC). Guatemala enacted its Fuel Alcohol Law in 1985, but political, economic, and technical challenges — …
Grains Council Honors Krissek
Greg Krissek, CEO Emeritus of the Kansas Corn Commission and Kansas Corn Growers Association, was honored for his 15 years of service to the U.S. Grains & BioProducts Council (USGBC) during its 66th Annual Board of Delegates Meeting in Milwaukee, WI last month. Krissek was first introduced to the Council through his work as a staff member of Kansas Corn …
Ethanol and DDGS Exports Grow in June
U.S. ethanol exports grew by nine percent in June and exports of dried distillers grains (DDGS) gained two percent, both driven by stronger shipments to several leading markets, according to the latest Trade Monitor report from the Renewable Fuels Association (RFA). Canada remained the leading destination for denatured fuel ethanol, with total exports edging up 2% to 78.0 mg. Exports …
RFA Pleased with USTR Action on Brazil
U.S. Trade Ambassador Jamieson Greer took final action this week under Section 301 of the Trade Act of 1974 by imposing a 25% tariff on certain goods of Brazil, including ethanol. Renewable Fuels Association President and CEO Geoff Cooper welcomed the action. “Over the past several years, Brazil has gone out of its way to block lower-cost U.S. ethanol through …
Vietnam Growing as Market for U.S. Ethanol
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 …
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 …