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USGC, USDA explore future of ethanol exports to India

PHOTO: USGC

November 20, 2017

BY U.S. Grains Council

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FTC issues 2023 Report on Ethanol Market Concentration

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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.

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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.

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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.

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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.

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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.

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