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UNICA: Sugarcane processing slows in late September

October 16, 2024

BY Erin Voegele

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US ethanol exports pass 1-billion-gallon mark just 6 months into marketing year 2024-‘2025

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By U.S. Grains Council

11 hours ago

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U.S. ethanol exports have crossed the 1-billion-gallon threshold halfway through Marketing Year (MY) 2024/2025, a 27% increase from the same period in MY 2023-‘2024, according to new information from the USDA.

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U.S. fuel ethanol production was down 1% the week ending April 11, according to data released by the U.S. Energy Information Administration on April 16. Stocks of fuel ethanol were also down 1% and exports were down 21%.

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The government of Vietnam on March 31 issued a decree reducing the the country’s Most-Favored-Nation import tariff rates for a variety of commodities and products, including ethanol. The MFN rates apply to imports from the U.S.

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CoBank’s latest quarterly research report predicts domestic ethanol blending will remain stable or increase slightly this year. However, policy uncertainty and trade disruptions due to tariff disputes could negatively impact the industry.

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The USDA on April 14 announced the cancellation of its Partnerships for Climate-Smart Commodities program. Select projects that meet certain requirements may continue under a new Advancing Markets for Producers initiative.

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