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Novonesis: Ethanol supports strong 2024 sales growth

SOURCE: Novonesis

February 27, 2025

BY Erin Voegele

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EIA: Ethanol production down slightly, stocks up 5%, exports down 17%

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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%.

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IRFA: Growing corn production outpaces stagnant US ethanol demand

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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.

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