SOURCE: SkyNRG
June 10, 2025
BY Erin Voegele
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The USDA maintained its forecast for 2025-’26 corn use in ethanol production in its latest World Agricultural Supply and Demand Estimates report, released June12. The outlook for season-average corn prices was also unchanged.
U.S. Treasury Secretary Scott Bessent on June 12 committed to implementing upcoming changes to the 45Z clean fuel production credit “in the most robust way” and ensuring foreign actors do not have a backdoor into the program.
In May, U.S. Grains Council Chairwoman Verity Ulibarri and USGC President and CEO Ryan LeGrand traveled to Beijing and Hong Kong, China to meet with key industry counterparts and join the USDA’s Agribusiness Trade Mission.
Total U.S. biofuels production, including ethanol, renewable diesel, biodiesel and other biofuels, including SAF, averaged a record 1.39 million barrels per day last year, according to data released by the U.S. EIA on June 9.
More than a dozen trade groups representing U.S. fuel producers on June 6 wrote to leaders of the U.S. Senate urging them to amend the “One Big, Beautiful Bill” text to clarify the qualified sales provisions of the 45Z clean fuel production credit.