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Biofuels, bioenergy to benefit from Growing Climate Solutions Act

June 24, 2020

BY Erin Krueger

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USDA: July WASDE maintains forecast for 2025-’26 corn use in ethanol

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By Erin Krueger

2 hours ago

Feedstocks 

The USDA maintained its forecast for 2025’-26 corn use in ethanol in its latest WASDEreport, released July 11. The outlook for corn production is down but the forecast yield is unchanged.

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The U.S. Energy Information Administration increased its forecast for 2026 fuel ethanol production and fuel ethanol blending in its latest Short-Term Energy Outlook, released July 8. The outlook for exports was unchanged.

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The United States is the world’s largest producer and exporter of corn, and corn farmers are bolstering the U.S. economy and building strong communities, according to a new study released by the National Corn Growers Association.

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Gevo Inc. on July 10 that Barclays Capital Inc. has purchased $40 million of newly issued non-recourse tax-exempt private activity bonds issued by the Iowa Finance Authority for the benefit of Gevo’s wholly owned subsidiary, Gevo NW Iowa RNG LLC.

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U.S. fuel ethanol production was up nearly 1% the week ending July 4, according to data released by the U.S. Energy Information Administration on July 9. Stocks of fuel ethanol were down 1% and exports were down 8%.

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