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EIA: Ethanol production down 4%, stocks down 1%, exports up 262%.

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By Erin Voegele

August 08, 2024

Operations Markets 

U.S. fuel ethanol production fell nearly 4% the week ending Aug. 2, according to data released by the U.S. Energy Information Administration on Aug. 7. Ethanol stocks were down 1% and exports were up more than 262%.

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The Andersons Inc. released second quarter results on Aug. 6, reporting strong performance for its renewables segment on improved ethanol margins supported by lower corn basis and strong export demand.

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Green Plains Inc. released Q2 financial results on Aug. 6, reporting progress with the clean sugar, high protein coproduct and CCS projects. Market fundamentals are looking strong going into the second half of 2024, according to the company.

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Aemetis Inc., a renewable natural gas and renewable fuels company focused on low and negative carbon intensity products that replace fossil fuels, on Aug. 1 announced Q2 2024 revenues were up 48% when compared to the same period of 2023.

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Verbio has commenced the commercial production of corn-based ethanol at its 60 MMgy biorefinery facility in Nevada, Iowa. The facility also has the capacity to produce 2.3 million MMbtu of RNG.

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U.S. fuel ethanol production reached a record high of 1.109 million barrels per day the week ending July 26, up slightly from the previous record of 11.08 million barrels per day set late 2017, according to data released by the U.S. EIA on July 31.

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ADM on July 30 released second quarter results, reporting improved ethanol margins supported by robust demand for fuel ethanol in both domestic and export markets. Stronger margins are currently expected to continue into the third quarter.

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UNICA, the Brazilian sugarcane industry association, has reported that sugarcane processing during the first half of July was negatively impacted by rain. Ethanol production was down during the two-week period, but sales were up.

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Valero Energy Corp. released Q2 financial results on July 25, reporting strong performance for both its ethanol and renewable diesel segments. The company’s SAF project in Texas remains on track to begin operations later this year.

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U.S. fuel ethanol production was down 1% the week ending July 19, according to data released by the U.S. Energy Information Administration on July 24. Ethanol stocks were up more than 2% and exports were down 34%.

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U.S. fuel ethanol production expanded by nearly 5% the week ending July 12, reaching a near-record high, according to data released by the U.S. EIA on July 17. Ethanol stocks fell by 2% and exports were down nearly 62%.

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Gevo Inc. announced on July 15 that its renewable natural gas (RNG) business achieved an annualized production rate of approximately 402,000 MMBtu in May, exceeding the previous record, which was set in March.

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ZFS Riga LLC, a new affiliate of Michigan-based Zeeland Farm Services Inc., has purchased an idle 55 MMgy corn ethanol plant located in Riga Township, Michigan, from Valero Energy. There are no immediate plans to resume ethanol production.

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U.S. fuel ethanol production fell by nearly 1% the week ending July 5, according to data released by the U.S. Energy Information Administration on July 10. Stocks of fuel ethanol were up slightly while exports were up more than 73%.

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The U.S. Energy Information Administration reduced its forecasts for 2024 and 2025 fuel ethanol production in its latest Short-Term Energy Outlook, released July 9. The forecasts for ethanol blending were maintained.

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UNICA, the Brazilian sugarcane industry association, has released data showing that sugarcane processing, ethanol production and ethanol sales were up during the first half of June when compared to the same period of 2023.

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Green Plains Inc. and joint venture partner Tharaldson Ethanol on July 9 announced that the world’s largest MSC system to date at Tharaldson’s 175 million-gallon biorefinery in Casselton, North Dakota is producing and shipping on-spec product.

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U.S. fuel ethanol production fell by 1% the week ending June 21, according to data released by the U.S. Energy Information Administration on June 26. Ethanol stocks were also down approximately 1%, with exports down 5%.

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U.S. fuel ethanol production expanded by more than 3% the week ending June 14, according to data released by the U.S. Energy Information Administration on June 20. Ethanol stocks were up nearly 2% and exports were down 39%.

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UNICA, the Brazilian sugarcane industry association, has announced sugarcane processing dipped slightly during the second half of May. Ethanol production and sales, however, continued to trend above last year.

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U.S. fuel ethanol production fell by nearly 5% the week ending June 7, according to data released by the U.S. Energy Information Administration on June 12. Stocks of fuel ethanol were up nearly 1% and exports were up nearly 2%.

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Ethanol plants use Advanced Processing Package to produce high protein feeds and increase plant capacity while lowering CI scores.

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The U.S. Energy Information Administration increased its forecast for 2024 fuel ethanol production in its latest Short-Term Energy Outlook, released June 11. The agency maintained its forecast for 2024 ethanol consumption.

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Greenfield Global is expanding the capacity of its high-purity alcohol production in North America and Europe, focusing on transparency and scale.

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Lessons to Celebrate

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By Luke Geiver

June 06, 2024

Commonwealth Agri-Energy will hit its 20-year production milestone this fall. The plant has succeeded in Kentucky by being resilient, ready and creative.

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U.S. fuel ethanol production was up slightly the week ending May 31, according to data released by the U.S. EIA on June 5. Stocks of fuel ethanol were down nearly 1%. Exports remained substantial but were down 42% when compared to the previous week.

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UNICA, the Brazilian sugarcane industry association, has announced that the volume of sugarcane processed during the first half of May was consistent with the same period of 2023. Ethanol production was up slightly, and sales were up significantly.

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Fluid Quip Technologies has announced the integration of its Distillers Corn Oil (DCO) Technology at the Chippewa Valley Ethanol Co. in Benson, Minnesota. The system delivers an average 20% increase in distillers corn oil yields.

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U.S. biofuels operable production capacity expanded slightly in March, according to data released by the U.S. Energy Information Administration on May 31. Feedstock consumption was up when compared to both the previous month and March 2023.

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U.S. fuel ethanol production was up 5% the week ending May 24, according to data released by the U.S. Energy Information Administration on May 30. Ethanol stocks fell by more than 4% and exports expanded by more than 155%.

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