PHOTO: K&F
May 22, 2022
BY Katie Schroeder
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The U.S. exported 159.31 million gallons of ethanol and 1.06 million metric tons of distillers grains in March, according to data released by the USDA on May 2. Exports of both products were up when compared to both the previous month and March 2023.
Brazil’s 2024-’25 sugarcane harvest season kicked off on April 1. UNICA, the country’s sugarcane industry association, said sugarcane processing and ethanol production were both up during the first two-weeks of the harvest season.
U.S. fuel ethanol production expanded by more than 3% the week ending April 26, according to data released by the U.S. Energy Information Administration on May 1. Stocks of fuel ethanol were down 1% and exports were down 42%.
Archer Daniels Midland Co. on April 30 released first quarter financial results, reporting improved earnings for Vantage Corn Processors subsegment, which includes the company’s dry mill ethanol plants.
The USDA recently released its Grain Crushings and Co-Products Production Report for March, reporting that corn use for fuel ethanol production in February was up when compared to both the previous month and February 2023.