FILE PHOTO
January 19, 2016
BY Jason Sagebiel, INTL FCStone
Advertisement
Advertisement
Verity Holdings LLC, a subsidiary of Gevo Inc., and Landus have announced a new agreement aimed at unlocking added value for farmers through sustainability premiums via export markets.
New markets, export opportunities and policy changes are all things that will help build demand, said IRFA Executive Director Monte Shaw at the Iowa Renewable Fuels Summit. The nearest term demand driver should be year-round E15, he added.
Brazil produced a record 36.83 billion liters (9.73 billion gallons) of ethanol in 2024, up 4.4% when compared to the previous year, according to data released by UNICA, the Brazilian sugarcane industry association.
According to new statistical reports released by the RFA, the value of the U.S. ethanol industry’s exports rose to a peak of $7.5 billion in 2024, fueled by a record 1.91 billion gallons of ethanol exported in 2024.
U.S. fuel ethanol production was up nearly 10% the week ending Jan. 31, according to data released by the U.S. Energy Information Administration on Feb. 5. Weekly ending stocks of fuel ethanol were up 3% and exports were down 41%.