SOURCE: Renewable Fuels Association
June 26, 2024
BY Renewable Fuels Association
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The U.S. exported 195.8 million gallons of ethanol and 1.03 million metric tons of distillers grains in March, according to data released by the USDA on May 6. Exports of both products were up when compared to February.
Reps. Mike Carey, R-Ohio, and Mariannette Miller-Meeks, R-Iowa, on May 1 introduced legislation that aims to retroactively extend the biodiesel blenders tax credit (BTC) and the second-generation biofuel producer tax credit.
UNICA, the Brazilian sugarcane industry association, has released data showing sugarcane processing was up slightly during the first half of April. Total ethanol production was up nearly 12%, and corn ethanol production was up more than 41%.
Iowa Secretary of Agriculture Mike Naig announced on April 30 that the Iowa Renewable Fuels Infrastructure Program board has approved an additional 95 applications to support new and expanded ethanol infrastructure projects.
North Dakota Gov. Kelly Armstrong on April 15 signed a bill creating a low-carbon fuels fund that is designed to help the state’s ethanol producers lower the CI of the fuel they produce, which could help producers participate in the SAF market.