FILE PHOTO
January 19, 2016
BY Jason Sagebiel, INTL FCStone
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U.S. fuel ethanol production was down 1% the week ending June 13, according to data released by the U.S. Energy Information Administration on June 8. Stocks of fuel ethanol were up nearly 2% and exports were up 8%.
The USDA hosted a trade mission to Lima, Peru, from June 9-12 aimed at expanding market access and boosting U.S. agricultural exports. The agency identified ethanol as one of the products for which there is strong export opportunity.
The USGC and the Secretariat of Energy Development of the State of Tamaulipas in May signed a MOU establishing a cooperative framework to promote ethanol vehicle programs to decarbonize public transportation and support U.S. ethanol exports.
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.
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