June 11, 2024
BY Erin Voegele
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Production and use of renewable ethanol from ePURE members and other EU producers reduced greenhouse-gas (GHG) emissions by an average of 79.1% compared to fossil fuels in 2023, according to newly certified data.
U.S. fuel ethanol production expanded by more than 3% the week ending June 14, according to data released by the U.S. Energy Information Administration on June 20. Ethanol stocks were up nearly 2% and exports were down 39%.
UNICA, the Brazilian sugarcane industry association, has announced sugarcane processing dipped slightly during the second half of May. Ethanol production and sales, however, continued to trend above last year.
The Foreign Trade Chamber at Brazil’s Ministry of the Economy has upheld an 18% tariff on U.S. ethanol. RFA, Growth Energy and USGC expressed disappointment in the decision and said they will continue to work to rectify the unfair tariff treatment.
The U.S. Grains Council’s regional office for Europe, the Middle East and Africa held its second Buyers’ and Sellers’ Conference in Mombasa, Kenya in June to establish commercial connections between U.S. feed grain exporters and African importers.