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EIA: Ethanol production reaches record high, stocks up slightly, exports up 32%

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By Erin Voegele

November 15, 2024

Operations Business Markets 

U.S. fuel ethanol production was up nearly 1% the week ending Nov. 8, setting a record high at 1.113 barrels per day, according to data released by the U.S. EIA on Nov. 14. Stocks were up slightly, and exports were up 32%.

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CARB votes to adopt LCFS updates

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By Erin Voegele

November 12, 2024

CARB on Nov. 8 approved updates to its LCFS that aim to reduce the CI of the state’s transportation fuel by 30% by 2030. The updates also alter how a variety of biofuels, including biobased diesel and RNG, participate in the program.

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Among the current primary focus areas for the U.S. Grains Council are sustainable aviation fuel, building and expanding global markets and encouraging parallels between U.S. carbon programs and others around the world.

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U.S. fuel ethanol exporters are on track to export a record amount of the fuel in 2024. The increase in exports this year has largely been driven by demand in countries with biofuel blending mandates and cheaper-than-usual U.S. fuel ethanol prices.

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U.S. fuel ethanol production expanded by 2% the week ending Nov. 1, according to data released by the U.S. Energy Information Administration on Nov. 6. Ethanol stocks were up 1% and exports were up 82%.

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The U.S. exported 148.49 million gallons of ethanol and 1.01 million metric tons of distillers grains in September, according to data released by the USDA on Nov. 5. Exports of ethanol were up, while exports of distillers grains were down slightly.

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Missouri Attorney General Andrew Bailey on Nov. 1 sent a letter to the California Air Resources Board demanding the agency rescind proposed changes to its LCFS. CARB is expected to vote to adopt proposed LCFS amendments on Nov. 8.

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USGC staff traveled to Tokyo, Japan in October to participate in the 2024 Sustainable Aviation Fuel (SAF) and Bioethanol Summit, where industry leaders, educators and policymakers gathered to discuss the future of biofuel use.

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Christianson PLLP shares updates on New Mexico’s work to establish and implement its Clean Transportation Fuel Standard.

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UNICA, the Brazilian sugarcane industry association, has announced sugarcane processing was up during the first half of October. Ethanol production and sales were also up when compared to the same period of last year.

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USGC supports aquaculture growth in Morocco

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By U.S. Grains Council

October 31, 2024

The USGC’s regional office in Tunis, Tunisia used a USDA Section 108 grant to organize a training program for Moroccan aquaculture farmers and potential industry investors to learn how to optimize their operations through high-yield tilapia farms.

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U.S. fuel ethanol production was up slightly the week ending Oct. 25, according to data released by the U.S. Energy Information Administration on Oct. 30 Stocks of fuel ethanol fell by 2% and exports were down more than 43%.

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In October, the U.S. Grains Council sent a delegation to Italy and Spain to meet with private sector leaders and influential policymakers to learn how to assist the countries in their ongoing efforts to reduce carbon emissions in the transportation sector.

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The USGC recently released a set of infographics designed to share the environmental and financial benefits of ethanol, the carbon reduction assessment models for SAF and a map displaying ethanol blending policies around the world.

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Export data for marketing year (2023/2024 has been released by the USDA and sales of U.S. grains in all forms (GIAF) increased to more than $48 billion, bolstered by a record 1.75 billion gallons of ethanol sold internationally.

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U.S. fuel ethanol production was up nearly 4% the week ending Oct. 18, according to data released by the U.S. Energy Information Administration on Oct. 23. Stocks of fuel ethanol were down slightly and exports were down approximately 24%.

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USGC Manager of Ethanol Policy and Sustainability Linda Schmid in October traveled to Brazil to advance the benefits of ethanol in the transition to carbon neutrality at events associated with the Fourth G20 Energy Transition Working Group Meeting.

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The Brazilian Development Bank (BNDES) in mid-October announced support for two new corn ethanol projects. Together, the projects will boost the country’s corn ethanol production capacity by an estimated 130 MMgy.

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The Tariff Changes Committee of Brazil’s Chamber of Foreign Trade (CAMEX) on Oct. 17 rejected a request to remove the 18% tariff on ethanol imports to Brazil, according to a report filed with the USDA FAS Global Agricultural Information Network.

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The U.S. Grains Council escorted a group of media members representing the Korea Automobile Journalists Association on a tour of the U.S. ethanol value chain and organized meetings with leading industry stakeholders.

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UNICA, the Brazilian sugarcane industry association, has announced sugarcane processing was down in late September but still trending higher than last year. Ethanol production and sales are up when compared to last year.

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The aviation sector is seeking solutions like SAF to decrease GHG emissions. The USGC is responding by ramping up efforts and engagement within the global aviation community to advocate for U.S. industry access.

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USGC Regional Ethanol Manager for the EU, U.K. and Canada Stephanie Larson in September met with Canadian officials to discuss how the U.S. industry can further support the country’s ongoing transition to higher ethanol blending rates.

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The U.S. exported 141.19 million gallons of ethanol and 1.12 million metric tons of distillers grains during August, according to data released by the USDA on Oct. 8. Exports of both products were up when compared to the previous year.

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The California Senate will not take up E15 legislation unanimously passed by the California Assembly earlier this month during the legislature’s special session to prevent gas price spikes. The bill aimed to accelerate the state’s adoption of E15.

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UNICA, the Brazilian sugarcane industry association, has announced sugarcane processing and ethanol production during the first half of September remained higher than last year despite the impact of recent fires. Ethanol sales were up slightly.

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In late August, representatives from the U.S. Grains Council and the U.S. ethanol industry embarked on an exploratory mission to China, aimed at gaining critical insights into the country’s ethanol market and policy landscape.

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U.S. fuel ethanol production fell by 5% the week ending Sept. 20, dipping below 1 million barrels per day for the first time since early May, according to data released by the U.S. EIA on Sept. 25. Stocks were down 1% and exports were down 42%.

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UNICA, the Brazilian sugarcane industry association, has announced that sugarcane processing by units in the south-central region of Brazil was down during the second half of August. Ethanol production and sales were up for the full month.

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Ethanol production and demand in China are expected to increase 17% this year, according to a report filed with the USDA FAS Global Agricultural Information Network. Domestic ethanol production capacity in China is expected to be unchanged.

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