Ethanol Week - September 8, 2020

September 8, 2020

USDA: Ethanol exports fall in July, distillers grains exports up The U.S. exported 74.04 million gallons of ethanol and 1.08 million tons of distillers grains in July, according to data released by the UDSA FAS on Sept. 3. Ethanol exports for the period were down, while distillers grains exports were up. READ MORE SHARE
Aemetis closes $35.5 million phase I EB-5 program Aemetis Inc. on Sept. 4 announced the closing of its $35.5 million Phase I EB-5 Program, which was funded by 71 foreign investors. The funds will be used to create both direct and indirect jobs at the company's ethanol plant in Keyes, California. READ MORE SHARE
	Poet forges new path to profitable and sustainable agriculture Poet has announced its partnership with Farmers Business Network to boost profits for farmers while promoting sustainable agricultural practices through the new GRO Network, which helps buyers access low-carbon corn. READ MORE SHARE
Report addresses impact of COVID-19 on Canada’s biofuel industry A report recently filed with the USDA Foreign Agricultural Service’s Global Agricultural Information Network provides insight into how the COVID-19 pandemic has impacted ethanol and biodiesel producers in Canada. READ MORE SHARE
Ethanol export data underscores need for action on trade barriers Government data published on Sept. 3 showed U.S. ethanol exports slumping to just 74 million gallons in July, down 38 percent compared to the same month last year and the lowest total for July in six years, according to the RFA. READ MORE SHARE
	UNICA: Fuel ethanol sales down 18% in early August UNICA, the Brazilian sugarcane industry association, has announced sales of fuel ethanol were down during the first half of August. Sales of alcohol for non-fuel use, however, continued to remain high. READ MORE SHARE
USDA expects no actions under FFP for crop year 2020 The USDA’s Commodity Credit Crop announced on Aug. 28 that it does not expect to purchase and sell sugar under the Feedstock Flexibility Program for crop year 2020, which runs from Oct. 1, 2020 through Sept. 30, 2021. READ MORE SHARE
Report quantifies impact of the Minnesota Bioincentive Program The Bioeconomy Coalition of Minnesota has released the results of a new analysis that shows Minnesota’s Bioincentive Program is working to generate significant economic and job benefits for the state’s biobased industrial product companies. READ MORE SHARE
EIA: US ethanol production falls 1%, stocks increase by 2% U.S. ethanol production fell by 1 percent the week ending Aug. 28 while weekly ethanol ending stocks increased by more than 2 percent, according to data released by the U.S. Energy Information Administration on Sept. 2. READ MORE SHARE
Highwater to add equipment to produce USP grade ethanol Highwater Ethanol LLC filed an 8-K with the U.S. SEC on Sept. 1 announcing an agreement with Nelson Baker Biotech Inc. for the installation of a system to produce 20 MMgy of hydrous USP grade ethanol. READ MORE SHARE