PHOTO: U.S. Grains Council
November 27, 2019
BY U.S. Grains Council
Advertisement
Advertisement
Green Plains Inc. on May 3 released Q1 financial results, reporting the company was impacted by low margins and industry oversupply during the quarter. The company also announced progress on its Clean Sugar Technology facility and MSC joint venture.
Leaders of the U.S. ethanol industry are seeking to intervene in a legal challenge of the ReFuelEU Aviation Regulation, which effectively bans the use of renewable, crop-based biofuels like corn ethanol as a feedstock for SAF.
The U.S. Grains Council’s Southeast Asia and Oceania team recently participated in two leading bioenergy conferences in the region, underscoring the pertinent role ethanol can play in emerging new-use areas for transportation decarbonization.
The U.S. exported 159.31 million gallons of ethanol and 1.06 million metric tons of distillers grains in March, according to data released by the USDA on May 2. Exports of both products were up when compared to both the previous month and March 2023.
In April, U.S. Grains Council member representatives, USGC Chairman Brent Boydston and Jake Comer, Growth Energy’s vice president of market development, joined organization staff in South Korea for the USDA’s Agricultural Trade Mission (ATM).