Ethanol Week - May 10, 2022

May 10, 2022

STB takes initial actions aimed at improving rail service The STB on May 6 announced it will require certain railroads to meet additional reporting requirements as part of an initial action aimed to improve rail service delays that have severely impacted several industries, including ethanol producers. READ MORE SHARE
US ethanol exports down in March, distillers grains exports up The U.S. exported 125.1 million gallons of ethanol and 927,134 metric tons of distillers grains in March, according to data released by the USDA on May 4. Exports of ethanol were down, while exports of distillers grains were up. READ MORE SHARE
	Verbio begins RNG production at Iowa facility Verbio AG on May 6 celebrated the opening of its biorefinery in Nevada, Iowa. The facility began producing RNG from corn stover on an industrial scale in late 2021 and will soon begin producing corn ethanol. READ MORE SHARE
The Andersons reports strong Q1 for renewables segment The Andersons Inc. on May 3 reported that its renewables segment reported record EBITDA for Q1 2022. Production volumes for ethanol and corn oil were both up, with renewable feedstocks and coproduct merchandising well above expectations. READ MORE SHARE
EIA: US biofuels capacity at 21.123 billion gallons in February Total operable biofuels production capacity for ethanol, biodiesel, renewable diesel and related fuels expanded to 21.123 billion gallons per year in February, according to the EIA. Total feedstock consumption was at 24.348 billion pounds. READ MORE SHARE
	Green Plains: Margins improving in Q2 Green Plains released Q1 2022 financial results on May 2, reporting that the company was negatively impacted by low margins, rail delays, and other factors during the period. Margins have improved significantly, however, moving into Q2. READ MORE SHARE
UNICA: Ethanol sales up during start of 2022-’23 harvest season UNICA, the Brazilian sugarcane industry association, has announced sugarcane processing and ethanol production were down during the first two weeks of the 2022-’23 harvest season, which began April 1. Ethanol sales, however, were up. READ MORE SHARE
ITA’s renewable energy advisory committee to meet May 12 The U.S. Department of Commerce’s International Trade Administration has announced it will hold a virtual open meeting the Renewable Energy and Energy Efficiency Advisory Committee via WebEx on May 12. READ MORE SHARE
EIA: Ethanol production up 1%, stocks down slightly U.S. fuel ethanol production expanded by nearly 1 percent the week ending April 29, according to data released by the U.S. Energy Information Administration on May 4. Stocks of fuel ethanol were down slightly. READ MORE SHARE
RFA celebrates safety recognition milestone Marking a decade of leadership in the area of ethanol industry safety, the RFA has received its 10th consecutive TRANSCAER National Achievement Award for training first responders and others in ethanol emergency response and safety. READ MORE SHARE
USGC helps create demand for US ethanol in Vietnam The U.S. Grains Council worked with the USDA’s Foreign Agricultural Service in Vietnam to engage the Vietnamese Ministry of Industry and Trade (MOIT) and Ministry of Finance (MOF) to reduce most favored nation (MFN) tariffs on imported ethanol. READ MORE SHARE
Contest encourages Nebraskans to celebrate renewable fuels month Nebraska high school students recenlty took on the mission of educating their peers about reducing their energy use and carbon footprint through the Field to Fuel student social media contest. The contest aims to promote Renewable Fuels Month. READ MORE SHARE