January 16, 2024
BY Erin Voegele
Advertisement
Advertisement
Indigo Ag and Red Trail Energy have announced a collaboration to source low carbon intensity (CI) corn to support farmers using sustainable practices and benefit from emerging clean fuels market tax credit programs.
U.S. fuel ethanol production was down 7% the week ending April 12, according to data released by the U.S. Energy Information Administration on April 17. Stocks of fuel ethanol were down slightly and exports expanded by more than 12%.
A record volume of sugarcane was processed during Brazil’s recently completed 2023-’24 harvest season, according to UNICA, the Brazilian sugarcane industry association. Ethanol production also set a new record, with a significant boost from corn.
The Renewable Fuels Association on April 15 urged the USDA’s National Agricultural Statistics Service to reconsider its plan to stop reporting farm acreage, yield and production estimates at the county level.
The USDA increased its forecast for 2023-’24 corn use in ethanol production in its latest World Agricultural Supply and Demand Estimates report, released April 11. The agency also lowered its forecast for season-average corn prices.