SOURCE: USDA
October 24, 2012
BY Holly Jessen
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U.S. fuel ethanol production was up less than 1% the week ending Dec. 6, according to data released by the U.S. Energy Information Administration on Dec. 11. Stocks of fuel ethanol were down nearly 2% and exports were down more than 2%.
The USDA on Dec. 6 delivered an interim final rule setting technical guidelines for climate-smart agriculture crops used as biofuel feedstocks to the White House OMB. OMB review marks a final step before a rule is promulgated.
The European Union and Mercosur, a South American trade bloc consisting of Argentina, Brazil, Paraguay and Uruguay, on Dec. 5 finalized negotiations on a new trade agreement. The agreement could increase the volume of ethanol imported into the EU.
The USGC’s Europe, Middle East and Africa (EMEA) office recently conducted a series of site visits and meetings with key customers in the animal feed production and industrial starch sectors in the Kingdom of Saudi Arabia.
U.S. Grains Council Regional Ethanol Manager for the EU, United Kingdom and Canada Stephanie Larson traveled to Brussels, Belgium, recently to participate in the World Ethanol and Biofuels Conference.