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Harvestone adds 4 more plants to its platform

July 2, 2020

BY Harvestone Group

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Brazil produces record 9.73 billion gallons of ethanol in 2024

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By Erin Voegele

9 hours ago

OperationsMarkets

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.

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The U.K. Department for Transport has announced it will invest £63 million over the next year under its Advanced Fuels Fund to support SAF producers. The agency also issued a response to its consultation on a revenue certainty mechanism for SAF.

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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.

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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%.

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The U.S. exported 194.42 million gallons of ethanol in December, bringing export volumes for the full year 2024 to a record 1.91 billion gallons, according to data released by the USDA Foreign Agricultural Service on Feb. 5.

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