November 29, 2023
BY Erin Voegele
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The U.S. exported 138.75 million gallons of ethanol and 849,645 metric tons of distillers grains in February, according to data released by the USDA on April 3. Exports of both products were down when compared to February 2024.
UNICA, the Brazilian sugarcane industry association, released data showing corn ethanol production continued to grow during the first half of March. Ethanol sales were down when compared to the same period of last year.
As the ethanol industry navigates new opportunities in low-carbon fuels, contracts with grain procurement agencies are rising in popularity.
U.S. operatable biofuels capacity increased slightly in January, with gains for ethanol, according to the U.S. EIA’s Monthly Biofuels Capacity and Feedstock Update, released March 31. Feedstock consumption was down when compared to December.
U.S. agricultural producers are expected to plant 95.3 million acres of corn in 2025, up 5% or 4.73 million acres when compared to last year, according to the USDA’s annual Prospective Plantings report, released March 31.