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USGC: Korea ATM highlights US grain, ethanol opportunities

USGC Chairman Brent Boydston; Jake Comer, Growth Energy’s vice president of market development; and Haksoo Kim, USGC director in South Korea, joined a USDA Agricultural Trade Mission in Korea in April. / SOURCE: USGC

May 2, 2024

BY U.S. Grains Council

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UNICA: Ethanol production and sales up in late April

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UNICA, the Brazilian sugarcane industry association, has announced sugarcane processing was up during the second half of April. Ethanol production from both sugarcane and corn feedstocks was also up during the two-week period.

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The U.S. Grains Council in April organized two major marketing conferences promoting U.S. corn fermented protein (CFP) and distiller’s dried grains with solubles (DDGS) in South Korea and Taiwan.

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The aquaculture sector around the world continues to grow, and the U.S. Grains Council is working to create further awareness of the use of distiller’s dried grains with solubles (DDGS) and corn fermented protein (CFP) in the feed being used.

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U.S. fuel ethanol production was up nearly 4% the week ending May 10, according to data released by the U.S. Energy Information Administration on May 15. Stocks of fuel ethanol were up 1% and exports were down 49%.

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In April, the U.S. Grains Council led a group of Japanese journalists interested in biofuel production on a tour of several U.S. ethanol plants and organized meetings with supply chain leaders and policymakers.

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