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UNICA: Sugarcane processing, ethanol production up in late August

September 20, 2023

BY Erin Voegele

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EPA releases 2023 carbon sequestration data

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The U.S. EPA on Oct. 15 released 2023 data collected under its Greenhouse Gas Reporting Program, including data on CO2 sequestration volumes at operational carbon capture and sequestration (CCS) projects at three U.S. ethanol plants.

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The USDA on Oct. 15 held a third virtual listening session as part of its public consultation on climate-smart ag for biofuel feedstocks. During the event, biofuel groups advocated for flexibility in CSA requirements for the 45Z credit.

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Average U.S. ethanol plant earnings are currently stable and expected to continue the same trajectory, according to CoBank’s latest Quarterly Research Report, released Oct. 10. Production levels and exports are expected to remain high.

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The USDA maintained its outlook for 2024-’25 corn use in ethanol production in its latest World Agricultural and Supply Estimates report, released Oct. 11. The estimate for 2023-’24 corn use in ethanol production was revised up.

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U.S. corn production is currently forecast at 15.2 billion bushels, up slightly when compared to last month’s outlook, according to the USDA National Agricultural Statistics Service’s latest Crop Production report, released Oct. 11.

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