PHOTO: STOCK
September 21, 2023
BY Natae Shreeves
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The U.S. EPA on Oct. 15 released 2023 data collected under its Greenhouse Gas Reporting Program, including data on CO2 sequestration volumes at operational carbon capture and sequestration (CCS) projects at three U.S. ethanol plants.
Average U.S. ethanol plant earnings are currently stable and expected to continue the same trajectory, according to CoBank’s latest Quarterly Research Report, released Oct. 10. Production levels and exports are expected to remain high.
U.S. fuel ethanol production was up more than 3% the week ending Oct. 4, according to data released by the U.S. Energy Information Administration on Oct. 9. Ethanol stocks were down nearly 6% and exports were up 38%.
The U.S. Energy Information Administration increased its forecast for 2025 fuel ethanol production in its latest Short-Term Energy Outlook, released Oct. 8. The outlook for 2024 ethanol production was maintained.
U.S. fuel ethanol production expanded by 2% the week ending Sept. 27, according to data released by the U.S. Energy Information Administration on Oct. 2. Stocks of fuel ethanol were down slightly, and exports were up 17%.