April 8, 2024
BY Erin Voegele
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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%.
UNICA, the Brazilian sugarcane industry association, has announced the sugarcane harvest was negatively impacted by rains during the first half of June. Total ethanol production was down, but corn ethanol production continued to grow.
U.S. fuel ethanol capacity fell slightly in April, while biodiesel and renewable diesel capacity held steady, according to data released by the U.S. EIA on June 30. Feedstock consumption was down when compared to the previous month.
The U.S. EPA on July 8 hosted virtual public hearing to gather input on the agency’s recently released proposed rule to set 2026 and 2027 RFS RVOs. Members of the biofuel industry were among those to offer testimony during the event.
President Trump on July 4 signed the “One Big Beautiful Bill Act.” The legislation extends and updates the 45Z credit and revives a tax credit benefiting small biodiesel producers but repeals several other bioenergy-related tax incentives.