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 …
2012 Export Exchange Set
Get out your 2012 calendars and mark the date for just under a year from now to attend the next global event to help increase exports of ethanol co-products for livestock feed. Once again, the U.S. Grains Council (USGC) and the Renewable Fuels Association (RFA) are teaming up for the Export Exchange 2012, an international trade conference focused on the …
Ethanol Exports Drop While DDGS Rise
Ethanol exports took a dive in August, but exports of the ethanol co-product distillers grains (DDGS) set a new record, according to a post on the Renewable Fuels Association E-xchange Blog. RFA’s Geoff Cooper quotes new government figures that show exports of denatured and undenatured (non-beverage) ethanol totaled 52.1 million gallons (mg) in August, down from 127.4 mg in July …
Record Corn Crop Forecast as Ethanol Exports Grow
Despite flooding of farm land and delayed planting in many areas, USDA is forecasting a record corn crop for this year. The World Agricultural Supply and Demand Estimate for May represents USDA’s initial assessment of U.S. and world crop supply and demand prospects. The report projects corn production for 2011/12 “at a record 13.5 billion bushels, up 1.1 billion from …