PHOTO: USGC
November 20, 2017
BY U.S. Grains Council
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The FTC on Dec. 1 issued its 2023 Report on Ethanol Market Concentration. As in prior years, the FTC’s analysis determined that there is sufficient competition among industry participants to avoid price-setting and other anticompetitive behavior.
Rex American Resources Corp. released financial results for the fiscal third quarter on Nov. 30, reporting the company achieved an all-time record net income per share attributable to Rex common shareholders of $1.49.
The USGC was invited by the Latin American Energy Organization to participate in a panel focused on liquid biofuels and their role in decarbonizing transportation during the VIII Energy Week event held in Uruguay.
The attorneys general of Iowa and Nebraska on Nov. 29 filed a motion for summary judgement with a U.S. District Court in Iowa regarding the U.S. EPA’s failure to act on petitions filed by eight Midwestern governors to allow year-round E15 sales.
U.S. fuel ethanol production was down 1 percent the week ending Nov. 24, according to data released by the U.S. Energy Information Administration on Nov. 29. Stocks of fuel ethanol were also down 1 percent with exports up nearly 94 percent.