Japan published a new biofuels policy last week that will allow the United States to capture up to 100 percent of Japan’s on-road ethanol market, according to the Office of the United States Trade Representative. “The new biofuels policy Japan announced today is the result of close collaboration between our two countries and it will further allow U.S. producers to …
USDA Under Secretary Supports US Ethanol in Panama
USDA Under Secretary for Trade and Foreign Agricultural Affairs Alexis Taylor is on a trade mission to Central America-Dominican Republic and supporting U.S. ethanol on the way. The mission included Taylor witnessing a memorandum of understanding signing between the U.S. Grains Council and the Panamanian Sugar Cane National Industry on ethanol blending. “Our U.S. industry and the Panamanian industry are …
Value of Ethanol and DDGS Exports Hit Record Highs
New statistical reports just released by the Renewable Fuels Association show the value of the U.S. ethanol industry’s exports soared to a record level of $7.2 billion in 2022. Ethanol export volumes strengthened to 1.35 billion gallons in 2022, an increase of 9 percent over 2021 and the fourth-highest level on record, amid tight global fuel supplies. The value of …
Ethanol and DDGS Exports Declined in November
Exports of both U.S. ethanol and dried distillers grains (DDGS) were lower in November according to the latest analysis by Renewable Fuels Association (RFA) analyst Ann Lewis. Ethanol exports declined 3% to a three-month low of 81.4 million gallons (mg), approximately 40% less than the volume shipped a year ago, but year-to-date U.S. ethanol exports total 1.28 billion gallons, 15% ahead of last …
Brazil Extends Ethanol Tariff Suspension
The ethanol industry is looking forward to working with new Brazilian President Lula da Silva, who has a lot of experience both being president and working on ethanol issues. Brazil last week extended the suspension of the import tariff on ethanol, at least through the end of this month. This extends the suspension announced last March of tariffs on U.S. …
RFA’s Davis Reappointed to Commerce Advisory Committee
Renewable Fuels Association Vice President of Technical and Regulatory Affairs Kelly Davis has been reappointed for a fifth term to the U.S. Department of Commerce’s Renewable Energy and Energy Efficiency Advisory Committee (REEEAC), which advises the agency on issues related to the exportation of U.S. renewable energy and energy efficiency products and services. “Since 2014, I have been proud to serve …
Export Exchange 2022 Leads to $225 Million in Sales
Export Exchange 2022 last month in Minneapolis is already making bank for participants, according to surveys of overseas grain buyers who attended saying they purchased at least $225 million worth of grain and ethanol co-product. Buyers and end-users were surveyed after the conference to see if they had made any purchase agreements with sellers and if so, how much was …
Trade Teams Visit Farms and Ethanol Plants
Before and after Export Exchange 2022 last week, international trade teams consisting of agricultural product importers, government officials and agribusiness leaders had the opportunity to visit farms, ethanol plants, and export facilities around the U.S. The trade teams represented more than 50 countries interested in U.S. corn, distiller’s dried grains with solubles (DDGS) and sorghum. They traveled to a variety …
Ethanol Report from Export Exchange 2022
Export Exchange was back for the first time in four years with the 2022 conference in Minneapolis October 12-14 and attendance was as good as it has been in the past with more than 200 international customers from 50 countries and nearly 300 domestic suppliers of grains and co-products, including distiller’s dried grains with solubles (DDGS). This marked the sixth …
DDGS Export Market Both Consistent and Uncertain
Consistent and uncertain were the two words Matthew Fitzthum with CHS, Inc. used to describe the market for dried distillers grains with solubles (DDGS) right now. Fitzthum, who is Co-Products Commodity Trading Manager at CHS Inc and serves as chair of the Renewable Fuels Association co-products committee, spoke at last week’s Export Exchange. “We consistently make about the same amount …