July 30, 2024
BY Erin Voegele
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U.S. fuel ethanol production expanded by 2% the week ending Nov. 1, according to data released by the U.S. Energy Information Administration on Nov. 6. Ethanol stocks were up 1% and exports were up 82%.
Archer Daniels Midland Co. on Nov. 4 released preliminary third quarter 2024 highlights, reporting strong performance for its Carbohydrates Solutions business. The company postponed its third quarter earnings call due to accounting errors.
Chief Ethanol is celebrating 40 years of operation in south-central Nebraska—a milestone made possible by its parent company’s seven-decades-long strategy of enterprise breadth.
The U.S. exported 148.49 million gallons of ethanol and 1.01 million metric tons of distillers grains in September, according to data released by the USDA on Nov. 5. Exports of ethanol were up, while exports of distillers grains were down slightly.
The Andersons Inc. released third quarter financial results on Nov. 5, reporting record third-quarter pretax income for its renewables segment on strong operating performance and improved ethanol margins.