Vietnam is growing as a market for U.S. agricultural products, including ethanol, according to a new report from USDA’s Foreign Agriculture Service. The United States was the largest supplier of ethanol to Vietnam last year at $4.3 million, with a market share of 58 percent. This year, the International Energy Agency forecasts Vietnam to consume around 2.9 billion gallons of …
Ethanol Exports Up in May
U.S. ethanol exports increased 11% in May from April’s sharp downturn as shipments strengthened across most major markets, according to the latest export update from the Renewable Fuels Association. Ethanol exports totaled 189.7 million gallons (mg) in May, with Canada remaining the top destination as exports to that country were up 18% to a six-month high of 76.3 mg. Exports …
Ethanol and DDGS Exports Grow in March
U.S. exports of ethanol increased four percent in March, while dried distillers grains (DDGS) exports grew by 12 percent the same month, according to the latest trade monitor report from the Renewable Fuels Association. March ethanol exports totaled 217.8 million gallons (mg) with Canada and the European Union accounting for about 60 percent of gallons shipped and the remainder distributed …
Speakers Confirmed for Global Ethanol Summit
The U.S. Grains & BioProducts Council (USGBC) has confirmed keynote speakers for the upcoming Global Ethanol Summit (GES), Oct. 19-22 in Washington, D.C. Among this year’s speakers are Renewable Fuels Association President and CEO Geoff Cooper and and Dr. Ernest Moniz, former Department of Energy undersecretary. As head of the nation’s oldest trade association for ethanol, Cooper will address ethanol’s …
Ethanol Stakeholders Testify at Brazil Section 301 Hearing
The U.S. Trade Representative office is holding a public hearing today regarding the Section 301 investigation of unfair trading practices on the part of Brazil in a number of areas, including ethanol market access and illegal deforestation. Several U.S. ethanol industry stakeholders are testifying, including Renewable Fuels Association president and CEO Geoff Cooper. “RFA strongly believes a thorough investigation is …
Ethanol Industry Supports Brazil Trade Investigation
Ethanol stakeholders support the U.S. Trade Representative taking action against unfair trading practices by Brazil with a Section 301 investigation. In comments sent Monday to USTR, the Renewable Fuels Association noted Brazil’s punitive ethanol tariff regime and restrictive regulations demonstrate that the country is clearly not committed to fair and reciprocal trade in ethanol. “Brazil’s tariff rates have no doubt …
USDA Mission to Dominican Republic Includes Ethanol
USDA Deputy Under Secretary for Trade and Foreign Agricultural Affairs Michelle Bekkering led a high-level delegation to the Dominican Republic last week with organizations that reflected a diverse range of agricultural products including seafood, dairy, rice, soybeans, and ethanol. “I am honored to lead my first trade mission with this impressive delegation made up of 46 agribusinesses, trade organizations, and …
April U.S. Ethanol Exports Stay Strong
U.S. ethanol exports moderated in April but remain strong, according to the latest report from the Renewable Fuels Association. Ethanol exports declined 12% in April to 172.3 million gallons (mg), about 8% below year-ago levels. Year-to-date U.S. ethanol exports reached 704.9 mg, marking a 10% increase over the same period last year. Canada remained the top destination despite a 15% …
Sec. Rollins Discusses Ethanol Trade in UK
U.S. Secretary of Agriculture Brooke Rollins spent the second day of her trade delegation visit to the United Kingdom this week meeting with the U.K. Department for Energy Security and talking with industry leaders about opportunities for American products, including ethanol. Sec. Rollins’ visit comes after President Donald Trump announced a new U.K. trade deal last week. “President Trump has …
Ag and Biofuels Groups Seek Exemption to Shipping Rules
The United States Trade Representative‘s office is holding public hearings this week on proposed actions in the Section 301 investigation of China’s targeting of the maritime, logistics, and shipbuilding sectors for dominance that would result in new fees being imposed on Chinese vessels. The first hearing was held on Monday, March 24 and the second will be on Wednesday, March …