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CI of corn ethanol down 23% with additional reductions possible

SOURCE: Biofuels Bioproducts and Biorefining

May 5, 2021

BY Erin Voegele

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White House OMB completes review of 2 RFS rules

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By Erin Voegele

11 hours ago

Policy Cellulosic/Advanced  

The White House OMB on June 11 concluded its review of two RFS rulemakings, including a proposed rule to set new renewable volume obligations (RVOs) and a final rule for a partial waiver of the 2024 cellulosic RVO.

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The USDA maintained its forecast for 2025-’26 corn use in ethanol production in its latest World Agricultural Supply and Demand Estimates report, released June12. The outlook for season-average corn prices was also unchanged.

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U.S. Treasury Secretary Scott Bessent on June 12 committed to implementing upcoming changes to the 45Z clean fuel production credit “in the most robust way” and ensuring foreign actors do not have a backdoor into the program.

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The U.S. Department of Commerce on June 10 confirmed the termination of 14 discretionary federal advisory committees, including one aimed at boosting the competitiveness of U.S. renewable energy and energy efficiency exports

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In May, U.S. Grains Council Chairwoman Verity Ulibarri and USGC President and CEO Ryan LeGrand traveled to Beijing and Hong Kong, China to meet with key industry counterparts and join the USDA’s Agribusiness Trade Mission.

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