USDA’s April World Agricultural Supply and Demand Estimates (WASDE) released Thursday forecasts greater corn used for ethanol and feed and residual use and smaller ending stocks. Corn used for ethanol is raised 25 million bushels to 5.4 billion based on data through February from the Grain Crushings and Co-Products Production report and weekly ethanol production data as reported by the …
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 …
Export Exchange Highlights US Grain Trade Potential
Export Exchange 2022 had a full day of sessions and networking on Thursday in Minneapolis. The first general session featured Minnesota Ag Commissioner Thom Petersen and USDA Acting Deputy Under Secretary for Trade and Foreign Ag Relations Jason Hafemeister. Petersen spoke about the importance of global trade at the state level, noting how Minnesota established an office in Taiwan that …
Export Exchange by the Numbers
The first Export Exchange since 2018 is underway in Minneapolis this week and organizers are pleased with the turnout. “We have about 490 registrations as of right now,” said U.S. Grains Council Director of Industry Relations Ellen Zimmerman during the welcome reception Wednesday night. On site registration was busy so they expect to easily surpass the 500 they expected. “We …
Export Exchange is Underway in Minneapolis
The 2022 Export Exchange welcomed hundreds of buyers and sellers of U.S. coarse grains and co-products to Minneapolis Wednesday evening for a reception prior to the official kickoff of the event Thursday. “It’s looking great,” said Chad Willis, a farmer from Minnesota and past chair of the U.S. Grains Council (USGC). “After COVID, everybody wanted to get out and be …
Canada Finalizes Clean Fuel Regulations
Final Clean Fuel Regulations were announced this week by the government of Canada and welcomed by the U.S. ethanol industry. In combination with the Government of Canada’s $1.5 billion Clean Fuels Fund, the CFR will create incentives for the increased domestic production of low-carbon-intensity fuels (such as ethanol). This will create economic opportunities for biofuel feedstock providers, such as farmers …
Export Exchange is Back for 2022
The Renewable Fuels Association, U.S. Grains Council (USGC) and Growth Energy are pleased to open registration for the first Export Exchange since 2018, scheduled for October 12-14, 2022, in Minneapolis. The biennial event had to be cancelled due to COVID in 2020 and again in 2021 but this year the sponsoring organizations expect to bring together 200 international buyers and …
Export Exchange 2020 Postponed to 2021
The biennial Export Exchange is being postponed until 2021. The Exchange is co-sponsored by the Renewable Fuels Association, U.S. Grains Council, and Growth Energy and held every other year to bring together buyers and sellers of U.S. coarse grains and co-products, including the distiller’s dried grains with solubles (DDGS). The three organizations issued a joint statement on the postponement. “As …
Global Ethanol Summit Kicks Off in DC
The first Global Ethanol Summit gets underway this morning in Washington D.C. with industry and government officials from 60 countries are meeting with U.S. officials to learn about prospects for expanded global ethanol use. This week’s Summit, sponsored by the Council, Growth Energy and the Renewable Fuels Association (RFA), features high-level government and industry officials from Algeria to Vietnam, who …
Study Shows Economic Impact of Grain Exports
A new study commissioned by the U.S. Grains Council (USGC) and the National Corn Growers Association (NCGA) points to the importance of export markets to U.S. farmers. The study highlights the total economic impact of U.S. grain exports to be $55 billion in 2016 and also shows grain exports supporting 271,000 jobs directly or indirectly, according to Kimberly Atkins, vice …
- Page 1 of 2
- 1
- 2