SOURCE: Novonesis
February 27, 2025
BY Erin Voegele
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U.S. fuel ethanol production was down slightly the week ending Feb. 21, according to data released by the U.S. Energy Information Administration on Feb. 26. Stocks of fuel ethanol were up 5% and exports were down 17%.
LanzaJet on Feb. 24 announced that Cosmo Oil Co. Ltd. has been selected for a FY2024 subsidy from Japan's Ministry of Economy, Trade and Industry to support a project developed with Mitsui & Co. that will plan to utilize LanzaJet technology.
Greenfield Global Inc., Alco Energy Canada and Grain Farmers of Ontario have established Canada’s Farms and Fuels Alliance, a groundbreaking coalition uniting Canada's domestic ethanol industry and agricultural sector.
Annual Unleaded 88 sales in Minnesota reached a new milestone in 2024 with 142.75 million gallons sold, an increase of 11.63% from the previous record of 127.87 million gallons in 2023, according to the Minnesota Bio-Fuels Association.
In 2024, Iowa ethanol production held steady at 4.6 billion gallons. While stagnant U.S. ethanol demand combined with increasing corn yields to has resulted in reductions to farm income, new ethanol markets can restore balance to the corn market.