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UNICA: Corn ethanol production continues to grow

February 2, 2024

BY Erin Voegele

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USDA: Corn use for ethanol production up significantly in December

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By Erin Voegele

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The USDA recently released its Grain Crushings and Co-Products Production report for February, reporting that corn use for ethanol production was up in December when compared to both the previous month and December 2022.

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U.S. fuel ethanol production was up slightly the week ending Feb. 16, according to data released by the U.S. Energy Information Administration on Feb. 22. Ethanol stocks were down more than 1% and exports were up nearly 59%

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The Andersons Inc. released fourth quarter results on Feb. 20, reporting that the company’s four ethanol plants achieved record production for the three-month period. The Renewables segment also reported record pretax income.

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More than 1.89 billion renewable identification numbers (RINs) were generated under the Renewable Fuel Standard in January, up from 1.76 billion generated during the same month of 2023, according to a data released by the U.S. EPA on Feb. 15.

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Cardinal Colwich LLC, a wholly owned subsidiary of Cardinal Ethanol LLC, has completed the acquisition of Element LLC, a 70 MMgy corn ethanol plant located in Colwich, Kansas, that was previously owned by a JV of ICM Inc. and The Andersons Inc.

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