Exports of U.S. ethanol increased to 133 million gallons (mg) in March, the second-largest volume in a year and up 31% from February’s dip, according to the latest summary from the Renewable Fuels Association (RFA). Exports to China spiked from 4.7 mg to 48.3 mg for the country’s second-largest monthly imports of American ethanol on record (and narrowly missing the …
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 …
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 …
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 …
U.S. Ethanol Exports to Brazil Already Falling
Despite no official announcement, technically once the August 31 deadline passed, all U.S. ethanol shipped to Brazil became subject to a 20 percent tariff. However, U.S. exports to Brazil have already been declining this year, according to the Renewable Fuels Association (RFA). The latest government data shows U.S. ethanol exports down to 74 million gallons in July, a decrease of …
President Considering Reciprocal Tariffs on Brazil Ethanol
President Donald Trump was asked about efforts to lower or eliminate Brazil’s tariffs on U.S. ethanol during a press conference this week. “I think that as far as Brazil is concerned, if they do tariffs, we have to have an equalization of tariffs,” President Trump responded. “It’s called reciprocal tariffs and you may be seeing something on that very soon.” …
USDA’s McKinney Optimistic About Ethanol Exports
USDA Under Secretary for Trade and Foreign Agricultural Affairs Ted McKinney says he will leave “no stone unturned” in his quest to increase U.S. agricultural exports, including ethanol. McKinney spoke to the Renewable Fuels Association National Ethanol Conference Wednesday about the markets where he sees the most potential for ethanol, including China, Mexico, Brazil, and India. Listen to his remarks: …
Trump Addresses Farm Bureau For Third Year
President Donald Trump addressed farmer and rancher members of the American Farm Bureau Federation for the third year in a row Sunday, and promised to be back next year while continuing to fight for what is important to them. “My administration understands that if we want to stand up for America, we must stand up for American farmers,” said President …