May 2, 2024
BY Erin Voegele
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Rex American Resources on May 28 confirmed work continues on the carbon capture and storage (CCS) and capacity expansion projects at its One Earth Energy facility in Gibson City, Illinois. Both projects are expected to be operational next year.
The USDA recently released its Grain Crushings and Co-Products Production report for May, reporting that corn use for fuel ethanol production in March was down when compared to the same month of last year.
U.S. fuel ethanol production expanded by 4% the week ending May 16, according to data released by the U.S. Energy Information Administration on May 21. Stocks of fuel ethanol were down 2% and exports fell by nearly 18%.
UNICA, the sugarcane industry association, has reported that sugarcane harvesting during the second half of April was impacted by rains. Sugarcane ethanol production was down, but corn ethanol production continued to expand.
U.S. fuel ethanol production fell by nearly 3% the week ending May 9, according to data released by the U.S. Energy Information Administration on May 14. Stocks of fuel ethanol were up 1% and exports were down 12%.