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Performance Matters

August 1, 2019

BY Evan Almberg

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EIA: Ethanol production up 5%, stocks down 2%, exports down 62%

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By Erin Voegele

July 17, 2024

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U.S. fuel ethanol production expanded by nearly 5% the week ending July 12, reaching a near-record high, according to data released by the U.S. EIA on July 17. Ethanol stocks fell by 2% and exports were down nearly 62%.

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Gevo Inc. announced on July 15 that its renewable natural gas (RNG) business achieved an annualized production rate of approximately 402,000 MMBtu in May, exceeding the previous record, which was set in March.

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ZFS Riga LLC, a new affiliate of Michigan-based Zeeland Farm Services Inc., has purchased an idle 55 MMgy corn ethanol plant located in Riga Township, Michigan, from Valero Energy. There are no immediate plans to resume ethanol production.

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U.S. fuel ethanol production fell by nearly 1% the week ending July 5, according to data released by the U.S. Energy Information Administration on July 10. Stocks of fuel ethanol were up slightly while exports were up more than 73%.

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The U.S. Energy Information Administration reduced its forecasts for 2024 and 2025 fuel ethanol production in its latest Short-Term Energy Outlook, released July 9. The forecasts for ethanol blending were maintained.

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