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USDA: Corn use for fuel ethanol up in May

July 29, 2021

BY Erin Voegele

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Rex reports near record financial results, continues development of CCS project

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By Erin Voegele

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Rex American Resources Inc. on March 28 released financial results for its fiscal Q4, reporting near record profits for both the three-month period and the full year. Sales volumes for ethanol and coproducts were up.

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U.S. fuel ethanol production was up nearly 1% the week ending March 22, according to data released by the U.S. Energy Information Administration on March 27. Ethanol stocks were up slightly while exports were down 37%.

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The USDA recently released its Grain Crushings and Co-Products Production report for March, reporting that corn use for fuel ethanol production in January was down when compared to both the previous month and January 2023.

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Green Plains Inc. has begun commissioning of the York, Nebraska, demonstration facility combining Fluid Quip Technologies’ precision separation and processing technology (MSC) with Shell Fiber Conversion Technology (SFCT).

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The U.S. EPA on March 21 released updated RIN data, reporting that nearly 2.02 billion RINs were generated under the RFS in February, up from 1.91 billion generated the previous month and 1.76 billion generated in February of last year.

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