Ethanol Week - December 29, 2020

December 29, 2020

Trump signs COVID-19 relief, tax extenders package President Trump on Dec. 27 signed a legislative package that includes tax extenders, $900 billion in COVID-19 relief, and government funding, averting a government shutdown and providing potential COVID-19 relief to biofuel producers. READ MORE SHARE
Manitoba increases ethanol, biodiesel blending requirements The Manitoba government on Dec. 22 announced that it will step up its ethanol and biodiesel blending requirements over the next two years, requiring E10 and B5 blends of gasoline and diesel by the start of 2022. READ MORE SHARE
	EPA: 1.61 billion RINs generated in November The U.S. EPA has released data showing that more than 1.61 billion renewable identification number (RINs) were generated under the Renewable Fuel Standard in November, up from 1.58 billion generated during the same month of 2019. READ MORE SHARE
CoBank: 2021 outlook for ethanol is stable but guarded CoBank on Dec. 17 issued a report on the year ahead, predicting the 2021 outlook for ethanol is stable but guarded, with considerable growth and margin opportunities favoring ethanol coproducts versus fuel. READ MORE SHARE
EIA: Ethanol production up 2%, stocks up 1% U.S. ethanol production was up 2 percent the week ending Dec. 18, according to data released by the U.S. Energy Information Administration on Dec. 23. Weekly ending stocks of fuel ethanol increased by 1 percent. READ MORE SHARE
	RFA marks 4 decades of industry leadership Forty years ago this month, a small group of innovative farmers and like-minded business leaders came together to officially found the RFA. The goal of the new trade group was as admirable as it was ambitious: grow production and demand for ethanol. READ MORE SHARE
Aemetis enters electric vehicle market Aemetis Inc. announced on Dec. 22 that its Aemetis Properties Riverbank Inc. subsidiary acquired approximately 20 percent ownership of Nevo Motors Inc. under an agreement that will utilize Aemetis manufacturing facilities and fueling stations. READ MORE SHARE