A contingency of ethanol producers from Mexico recently visited the U.S. to look at the option of sorghum as an ethanol feedstock as the country’s industry continues to grow following the announcement by Pemex, the country’s state-owned petro company, to blend ethanol into its gas. Hosted by the U.S. Grains Council (USGC) in partnership with the United Sorghum Checkoff Program …
#ExEx16 Headliner Ag Investment Banker
Ag investment banker Christopher W. Nolan, Sr., with PricewaterhouseCoopers Corporate Finance, will be headlining this year’s Export Exchange 2016 (#ExEx16) in Detroit. The event will take place October 24-25 and is hosted by the U.S. Grains Council (USGC) and the Renewable Fuels Association (RFA). Nolan is a managing director and co-head of the company’s food, beverage and agribusiness division. He …
#Ethanol Exports Fall to 9 Month Low
U.S. ethanol exports reached a nine month low in May at 55.7 million gallons (mg) a 42 percent drop from April according to government data and analyzed by Ann Lewis, research analyst with the Renewable Fuels Association (RFA). Monthly ethanol exports have only dipped lower twice in the past two years. In May, Canada exported 21.5 mg taking the top …
#ExEx16 Registration Open
Registration is now open for Export Exchange 2016 (#ExEx16), taking place in Detroit, Michigan October 24-26, 2016. The event is co-hosted by the U.S. Grains Council (USGC) and the Renewable Fuels Association (RFA) and members of either organization are eligible for discounted registration fees. The biennial event will bring together more than 200 international buyers and end-users of coarse grains …
New Ethanol Terminal Slated for Texas
Green Plains, Inc. (GPRE) continues its growth with a new joint venture with Jefferson Gulf Coast Energy Partners to construct and operate an intermodal export and import fuels terminal at Jefferson’s existing terminal located in Beaumont, Texas. It’s anticipated that the 50/50 joint partnership investment for Phase I development will be $55 million. The first phase, expected to be finished …
Court Dumps EU #Ethanol Duty
Breaking news came from Europe today as ethanol supporters were gathered in Kansas City that a European court has ruled against the European Union’s (EU) countrywide 9.5 percent antidumping duty on all ethanol imported from the United States. The duty had been in place since February 2013. Both the Renewable Fuels Association (RFA) and Growth Energy are pleased with the …
U.S. Net #Ethanol Exports Hit 52-Month High
Using new government data, the Renewable Fuels Association (RFA) is reporting that U.S. ethanol exports reached a 52 month high in April totaling 95.5 million gallons (mg), a slight uptick from March of 300,000 gallons and the highest monthly volume since December 2011. Once again China was the top destination receiving 34.5 mg of ethanol. India eked out Canada with …
US Ethanol Exports Swing Upwards
The Renewable Fuels Association (RFA) is reporting that U.S. ethanol exports totaled 95.3 million gallons (mg) in March, a 42 percent increase from February. This is also the highest monthly volume in more than four years. The data comes from the latest report from the U.S. government. The top export market was China (37 mg) followed by Brazil (20.7 mg) …
Grains Council CEO at #ACE16DC
The American Coalition for Ethanol (ACE) is a new member of the U.S. Grains Council, recognizing the important role that organization plays in the promoting exports of both ethanol and the livestock feed co-product DDGS. “We have a unified (ethanol) industry effort working together to build exports,” said USGC president and CEO Tom Sleight who visited with members of ACE …
#ACE16DC Gets Update on China DDGs Investigation
Back in January, China’s Ministry of Commerce (MOFCOM) initiated an investigation into anti-dumping and countervailing duties on imports of U.S. produced distillers dried grains with solubles (DDGS). The U.S. Grains Council has been on top of the situation from the start and provided an update for members of the American Coalition for Ethanol (ACE) meeting in Washington DC this week. …