The U.S. Grains Council is adding a new strategic director in Asia and assistant director in Southeast Asia to help increase near-term demand for feed grain sales and build long-term demand for ethanol among global customers. Tim Tierney has joined the Council as director of strategic marketing/ethanol in North Asia, filling a new role that seeks to capitalize on both …
U.S. Ethanol and DDGS Exports Drop in August
U.S. ethanol exports totaled 103.1 million gallons (mg) in August, down 12% from July shipments, according to government data analyzed by the Renewable fuels Association (RFA). Canada and Brazil were again the top destinations for U.S. exports, combining to receive more than half of total exports in August. Year-to-date U.S. ethanol exports to all destinations stood at 906.5 mg, indicating …
Report Finds Opportunities for Ethanol and DDG Exports
A new report from USDA’s Economic Research Service (ERS) says an increase in global ethanol mandates is creating additional export opportunities for the U.S. ethanol industry, but it depends on the ability to increase production and keep those markets open. According to Global Ethanol Mandates: Opportunities for U.S. Exports of Ethanol and DDGS, 26 countries have implemented blending mandates since …
USDA Trade Mission Heading to Brazil
A USDA Foreign Agriculture Service trade mission to São Paulo and Recife, Brazil, is underway this week with ethanol industry leaders looking to expand their agricultural exports and further develop their business relationships in Brazil. “Brazil holds significant untapped market potential for U.S. exporters,” said Mark Slupek, deputy administrator of the Office of Trade Programs for USDA’s Foreign Agricultural Service. …
Ethanol Industry Calls for U.S. Response to Brazilian Tariff
U.S. ethanol producers are asking the government to develop an immediate response to Brazil’s recently implemented tariffs on U.S. ethanol imports The Renewable Fuels Association, Growth Energy and the U.S. Grains Council are calling on the Trump Administration to “immediately engage their Brazilian counterparts on the future of our relationships with regard to biofuels.” On August 23, 2017, Brazil’s Chamber …
Vietnam to Resume Imports of U.S. DDGS
The government of Vietnam has notified the U.S. that it will resume imports of American distillers dried grains (DDGS), which were suspended in December 2016 after reported detections of quarantine pests in U.S. shipments, according to USDA. Prior to the suspension, Vietnam was the third-largest market for U.S. DDGS, with exports valued at more than $230 million in 2016. The …
Ethanol Production Could Outpace Demand
A new report forecasts ethanol production is on pace to exceed domestic and export demand as producers continue to reinvest last year’s profits into facilities and additional production capacity. The report from CoBank on “Ethanol’s Growth Path: Output and Export Uncertainties Both Rising” outlines predicts that the ethanol market will soon face worsening profit margins, which could potentially push the …
Canada Top U.S. Ethanol Importer in June
As Brazil continues to mull a proposed 20 percent tariff on U.S. ethanol imports, exports to that country hit their lowest point this year in June allowing Canada to take the top importer spot for that month. However, according to the Renewable Fuels Association analysis of EIA data, shipments to Brazil for the first half of this year are roughly …
Brazil Delays Tariff Decision
The U.S. ethanol industry is encouraged by a 30 day delay by the Executive Management Committee of CAMEX, Brazil’s Chamber of Foreign Trade in making a decision on a proposed 20 percent tariff on U.S. ethanol imports. U.S. Grains Council (USGC) President and CEO Tom Sleight, Renewable Fuels Association (RFA) President and CEO Bob Dinneen and Growth Energy CEO Emily …
Imports of U.S. Ethanol to Brazil Soar
As Brazil continues to consider tariffs on imported ethanol from the United States, the country just keeps importing more, remaining by far the top destination in the world for U.S. ethanol. According to government data analyzed by the Renewable Fuels Association (RFA), Brazil imported 64.3 million gallons (mg) of U.S. ethanol in May, bringing the total for the first five …