U.S. ethanol exports were the bright spot in an otherwise dark 2020 for the industry. According to the Renewable Fuels Association, ethanol exports totaled 1.33 billion gallons in 2020, down 9 percent from 2019 and the lowest volume since 2016, according to official government statistics released today. Still, the annual volume was the fourth-highest on record and nearly one out …
U.S. Ethanol Wins Appeal in Peru Tariff Case
The U.S. government has won an appeal on a countervailing duty case brought against U.S. ethanol in Peru, reversing a previous decision that applied a 15-cent per gallon duty and resulted in loss of market access in the country. The Renewable Fuels Association, U.S. Grains Council and Growth Energy participated extensively in this case, arguing at hearings in both the …
China Starting to Buy U.S. Ethanol
Reports that China is buying U.S. ethanol again sent a positive message to the industry Tuesday that the Phase One trade agreement promises may yet be met. During an investor call, Archer Daniels Midland Co-Chief Financial Officer Ray Young said they believe China has already made commitments “in the first half of the year for U.S. ethanol equal to the …
Brazil Tariff Decision ‘Devastating’ For US Ethanol
Brazil’s decision to impose a 20 percent tariff on all U.S. ethanol imports is devastating for the U.S. ethanol industry, according to organizations that work to promote ethanol exports. The leadership of the Renewable Fuels Association, U.S. Grains Council, Growth Energy, and the National Corn Growers Association say the action jeopardizes the future of cooperation and coordination between the U.S …
Biofuels Included in Ag Talks Roadmap for Trade
Farmers for Free Trade held a virtual press conference Tuesday to release a new report on the challenges and solutions for American agriculture on trade, supply chains and global competitiveness. The report is the culmination of a series of Ag Talk discussions across rural America and includes recommendations to drive demand for U.S. agricultural products at home and abroad. Recommendations …
US Ethanol Exports Explode in October
According to the latest analysis from the Renewable Fuels Association, U.S. ethanol exports in October rocketed 64% higher to 126.5 million gallons (mg), the largest volume since March. Shipments crossing the border to Canada rebounded by 11% (35.6 mg), equivalent to 28% of total U.S. ethanol exports. The Netherlands purchased record gallons (24.2 mg) while sales to South Korea jumped …
McKinney: China Needs to Buy More Ethanol
China is lagging behind in its purchases of energy products under the Phase One agreement, but USDA Under Secretary for Trade and Foreign Agricultural Affairs Ted McKinney says they could get there with more ethanol and distillers grains (DDGs). During a virtual appearance at the Agricultural Retailers Association (ARA) annual conference this week, McKinney updated attendees on ag trade with …
MOU Aims To Expand Ethanol Use In Vietnam
The U.S. Grains Council (USGC) signed an official memorandum of understanding (MOU) this week with the Vietnamese Ministry of Industry and Trade (MOIT) aimed at expanding the use and availability of ethanol in Vietnam. The agreement promises to further a strong partnership between the two nations and encourage expanded ethanol use throughout Southeast Asia. “The Council stands ready to support …
RFA Urges Tariffs on Brazil Ethanol
While Brazil is still abiding by the 90 day extension of the tariff-rate quota (TRQ) for ethanol announced last month, talks with the United States to eliminate the tariff stalled last week and the Renewable Fuels Association (RFA) is asking President Trump to take action. In a letter to the president, RFA called on President Trump to move forward in …
Ethanol Exports Rise in August
U.S. ethanol exports were 35% higher in August, rising to 100.7 million gallons (mg), the largest volume since March, according to Renewable Fuels Association Senior Analyst Ann Lewis. Shipments across the border to Canada accelerated 20% to a three-year high of 36.0 mg, equivalent to 36% of total U.S. ethanol exports, while sales to India declined by 20% to 10.5 …