SOURCE: Preston Keres, USDA
June 20, 2022
BY USDA Agricultural Research Service
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UNICA, the Brazilian sugarcane industry association, released data showing corn ethanol production continued to grow during the first half of March. Ethanol sales were down when compared to the same period of last year.
As the ethanol industry navigates new opportunities in low-carbon fuels, contracts with grain procurement agencies are rising in popularity.
U.S. operatable biofuels capacity increased slightly in January, with gains for ethanol, according to the U.S. EIA’s Monthly Biofuels Capacity and Feedstock Update, released March 31. Feedstock consumption was down when compared to December.
U.S. agricultural producers are expected to plant 95.3 million acres of corn in 2025, up 5% or 4.73 million acres when compared to last year, according to the USDA’s annual Prospective Plantings report, released March 31.
ADM and Mitsubishi Corp. on March 27 announced the signing of a non-binding memorandum of understanding (MOU) to form a strategic alliance to explore potential areas of future collaboration across the agriculture value chain.