April 4, 2024
BY Erin Voegele
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The U.S. exported 138.75 million gallons of ethanol and 849,645 metric tons of distillers grains in February, according to data released by the USDA on April 3. Exports of both products were down when compared to February 2024.
UNICA, the Brazilian sugarcane industry association, released data showing corn ethanol production continued to grow during the first half of March. Ethanol sales were down when compared to the same period of last year.
U.S. fuel ethanol production was up 1% the week ending March 28, according to data released by the U.S. Energy Information Administration on April 2. Stocks of fuel ethanol were down 3% and exports were down 62%.
The U.S. Department of Commerce has disbanded an advisory committee that provided the agency with private sector advice aimed at boosting the competitiveness of U.S. renewable energy and energy efficiency exports, including ethanol and wood pellets.
As the ethanol industry navigates new opportunities in low-carbon fuels, contracts with grain procurement agencies are rising in popularity.