Minneapolis, Minnesota is the home of the Export Exchange 2012 on October 22-24, 2012. Co-sponsored by the U.S. Grain Council and the Renewable Fuels Association (RFA), past events have attracted nearly 400 people from more than 30 countries ranging from domestic industry leaders to international buyers. There will be many topics of discussion including a big picture overview of key …
Ethanol Output and Exports Drop
U.S. ethanol production is the lowest its been in nearly two years, and exports are continuing to drop. According to the latest Energy Information Administration data, ethanol production averaged 821,000 barrels, or just under 34.5 million gallons, per day the week ending July 6. That is down 36,000 barrels per day from the week before and is the lowest weekly …
US Ethanol Exports Trending Lower
Last year was a huge year for exports of U.S. ethanol and co-products, but so far this year it appears unlikely exports will reach that same high level. U.S. ethanol exports in 2011 totaled 1.2 billion gallons. As of April, exports stood at just under 309 million gallons, which would bring this year’s total to under a billion gallons if …
Ethanol Co-Product Gains Foothold in Oil Country
The livestock feed that is a co-product of ethanol production is gaining a foothold in the country that is synonymous with oil, thanks to the efforts of the U.S. Grains Council (USGC). Saudi Arabia has always been the oil capitol of the world, but when Venezuela took the number one spot last year, the Saudis began to focus on diversifying …
Sao Paulo Ethanol Import Tax Could Violate GATT
*Updated with clarification comments from UNICA* The president of the Renewable Fuels Association (RFA) this week wrote a letter to the U.S. Trade Ambassador asking for an investigation into news that the Brazilian state of Sao Paulo was imposing a 25% tax on all imported ethanol. “Because ethanol produced in Sao Paulo is tax exempt, ethanol imported into Sao Paulo …
Ethanol Exports Surge in 2011
The latest numbers show that November ethanol exports set another record and that means total exports for 2011 could well exceed a billion gallons. U.S. exports of denatured and undenatured (non-beverage) ethanol set a new monthly record of 152.5 million gallons (mg) in November, according to government data released this morning. Brazil was the leading destination for U.S. product and …
Grains Council Promotes DDGS in China
The U.S. Grains Council recently held workshops in Guangzhou and Qingdao to promote the ethanol co-product distillers grains (DDGS) in China. “The day-long sessions were designed to provide an exchange of comprehensive DDGS market information, including discussions and analysis of the value of U.S. DDGS,” said Alvaro Cordero, USGC manager of DDGS. Cordero says they had 200 to 250 people, …
Doing the Ethanol Shuffle
There’s a hot new craze called the “Ethanol Shuffle” that’s sweeping seaports from Sao Paulo to Los Angeles. No, it’s not a new dance, this shuffle is all about the “confounded realignment of the global ethanol trade.” Renewable Fuels Association (RFA) Vice President of Research and Analysis Geoff Cooper wrote about the “Ethanol Shuffle” this week on the RFA E-xchange …
Ethanol Exports Remain Strong
The latest government data on exports for October shows continued strong demand overseas for U.S. ethanol. According to the data, exports of denatured and undenatured ethanol which are not eligible for VEETC totaled 121.4 million gallons. That is just short of the record 127.4 million gallons of exports set in July 2011. On the Renewable Fuels Association E-xchange Blog, RFA’s …
RFA Responds to EU Ethanol Probe
The European Union (EU) has initiated anti-dumping and countervailing duty investigations regarding U.S. exports of ethanol to Europe and current U.S. policies surrounding ethanol production and use. Allegations by EU ethanol producers, represented by the organization ePure, suggest that U.S. ethanol exports to Europe are taking advantage of the expiring volumetric ethanol excise tax credit, or VEETC, prior to export …