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 …
MOU Aims To Expand Ethanol Use In Vietnam
The U.S. Grains Council (USGC) signed an official memorandum of understanding (MOU) this week with the Vietnamese Ministry of Industry and Trade (MOIT) aimed at expanding the use and availability of ethanol in Vietnam. The agreement promises to further a strong partnership between the two nations and encourage expanded ethanol use throughout Southeast Asia. “The Council stands ready to support …
RFA Urges Tariffs on Brazil Ethanol
While Brazil is still abiding by the 90 day extension of the tariff-rate quota (TRQ) for ethanol announced last month, talks with the United States to eliminate the tariff stalled last week and the Renewable Fuels Association (RFA) is asking President Trump to take action. In a letter to the president, RFA called on President Trump to move forward in …
Ethanol Exports Rise in August
U.S. ethanol exports were 35% higher in August, rising to 100.7 million gallons (mg), the largest volume since March, according to Renewable Fuels Association Senior Analyst Ann Lewis. Shipments across the border to Canada accelerated 20% to a three-year high of 36.0 mg, equivalent to 36% of total U.S. ethanol exports, while sales to India declined by 20% to 10.5 …
Ethanol Industry Hopeful for US-Brazil Trade
U.S. ethanol stakeholder organizations are less than thrilled that Brazil’s tariff-rate quota (TRQ) has been extended now for another 90 days, but they are hopeful continued discussions will lead to a resumed free trade situation with that country. “The Renewable Fuels Association, U.S. Grains Council, Growth Energy, and the National Corn Growers Association believe the 90-day extension of the TRQ …
Brazil and US Agree to Extend Quota for 90 Days
Trade representatives from Brazil and the United States have agreed to a 90 day extension of the tariff-rate quota (TRQ) for ethanol as both sides continue to discuss ways they can improve market access to “achieve reciprocal and proportional outcomes that generate trade and open markets to the benefit of both countries.” According to a joint statement released by the …
Lawmakers Urge USTR to Prioritize Brazil Ethanol Tariffs
U.S. Representatives Darin LaHood (IL-18) and Adrian Smith (NE-03) spearheaded a bipartisan letter urging U.S. Trade Representative (USTR) Robert Lighthizer to prioritize Brazilian trade barriers to U.S. ethanol during ongoing US-Brazil trade negotiations. Reps. LaHood and Smith both serve on the House Ways and Means Committee, and Rep. LaHood is co-chair of the U.S.-Brazil Caucus. The letter calls for a …
President Considering Reciprocal Tariffs on Brazil Ethanol
President Donald Trump was asked about efforts to lower or eliminate Brazil’s tariffs on U.S. ethanol during a press conference this week. “I think that as far as Brazil is concerned, if they do tariffs, we have to have an equalization of tariffs,” President Trump responded. “It’s called reciprocal tariffs and you may be seeing something on that very soon.” …
Ethanol Report 7-31-20
Ethanol exports have taken a hit this year due to the pandemic, but there are still reasons to be optimistic about this important market for the industry. In this episode of The Ethanol Report, we hear from Renewable Fuels Association (RFA) General Counsel Ed Hubbard, who doubles as the organizations international trade expert. We also learn about a new program …
Ethanol Exports Decline in May
Exports of U.S. ethanol declined 32 percent in May to the smallest monthly volume in four years, according to Renewable Fuels Association (RFA) analyst Ann Lewis. Most of the drop was due to Brazil, which imported just 1.7 million gallons of U.S. ethanol, down from almost 24 million. Exports to India were down six percent in May, but it was …