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No Waiver? No Sense.

PHOTO: ML PORTRAITS, WATERTOWN SD

February 14, 2017

BY Ann Bailey

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USDA increases outlook for FY 2025 ethanol export values

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By Erin Voegele

6 hours ago

Markets Business 

The USDA Economic Research Service on May 29 released its latest quarterly trade outlook report, announcing the agency now expects the value of fiscal year (FY) 2025 ethanol exports to reach $4.3 billion, up from the February outlook of $4.2 billion.

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The U.S. Department of Energy on May 30 announced it is terminating 24 awards issued by the Office of Clean Energy Demonstrations totaling $3.73 billion. At least two ethanol-related projects are among those impacted by the terminations.

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The U.S. Department of Energy on May 30 released an updated version of its 45ZCF-GREET modeling tool to account for new feedstocks and methods of production, including ethanol from corn wet-milling and natural gas from coal-mine methane.

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The U.S. Grains Council, in collaboration with the Korea Biofuel Forum, a biofuel advocacy group, held its annual conference in Seoul in mid-May with the goal of promoting biofuel’s economic and environmental benefits to South Korean stakeholders.

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U.S. fuel ethanol production was up 2% the week ending May 23, according to data released by the U.S. Energy Information Administration on May 29. Weekly ending stocks of fuel ethanol were down 3% and exports were down 30%.

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