June 4, 2024
BY Erin Voegele
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Operable U.S. biofuel production capacity expanded slightly in March, according to data released by the U.S. Energy Information Administration on May 30. Feedstock consumption was up when compared to the previous month, but down from March 2024.
The USDA Economic Research Service on May 29 released its latest quarterly trade outlook report, announcing the agency now expects the value of fiscal year (FY) 2025 ethanol exports to reach $4.3 billion, up from the February outlook of $4.2 billion.
The U.S. Grains Council, in collaboration with the Korea Biofuel Forum, a biofuel advocacy group, held its annual conference in Seoul in mid-May with the goal of promoting biofuel’s economic and environmental benefits to South Korean stakeholders.
U.S. fuel ethanol production was up 2% the week ending May 23, according to data released by the U.S. Energy Information Administration on May 29. Weekly ending stocks of fuel ethanol were down 3% and exports were down 30%.
A notice published in the Federal Register by the U.S. EPA indicates that far fewer parties than originally anticipated have registered with the agency as biointermediate producers under the Renewable Fuel Standard.