Guess who has overtaken Brazil to become the top export market for United States ethanol? “Our top trading partner right now is Canada, our friends to the north,” Growth Energy chief executive officer Emily Skor said in a recent webinar. Canada imported 1.23 billion litres of the biofuel in 2020, topping Brazil’s 757 million litres […] Read more
Tag Archives Ethanol
Trump promises ‘giant package’ related to ethanol to please farmers
WASHINGTON, (Reuters) – President Donald Trump said on Thursday his administration is planning a “giant package” related to ethanol that would please U.S. farmers angry that many more oil refiners have been freed from obligations to use the corn-based fuel. Clashes between farmers and the oil industry over biofuel policy have posed a challenge for […] Read more
Promise of giant Chinese ethanol demand evaporates
USDA says the planned E10 by 2020 will not be reached along with projected corn sales that lift markets
Forget about one possible bullish factor in grain markets, say analysts. Those holding out hope that China will follow through on its intention to adopt a 10 percent nationwide ethanol blend by 2020 had their hopes dashed in a recent U.S. Department of Agriculture report. On Sept. 13, 2017, China’s National Development and Reform Commission, […] Read more
FCL purchases ethanol plant
Federated Co-operatives Ltd. has reached a deal to purchase Terra Grain Fuels’ 150-million-litre ethanol plant, located near Belle Plain, Sask. “Until this point we were purchasing (ethanol) from a third party to blend in our gasoline,” said Pam Skotnisky, vice-president of Strategy at Federated Co-operatives Limited. “Now we are able to produce our own ethanol […] Read more
Ethanol imports from U.S. reach record levels
Over-blending said to be the cause but opinions differ on the reason — gov’t says it’s cheaper, industry credits efficiencies
Canada continues to import vast amounts of U.S. ethanol, some of which is being used to meet federal and provincial mandates. A record 1.32 billion litres of the renewable fuel flowed across the border in 2018, a seven percent increase over the previous year. Canada’s five percent mandate amounts to a blending requirement of 2.25 […] Read more
Floods shut nearly a sixth of U.S. ethanol production
MEAD, Neb./NEW YORK, March 22 (Reuters) – Massive flooding in the U.S. Midwest has knocked out roughly 13 percent of the nation’s ethanol production capacity, as plants in Nebraska, Iowa and South Dakota have been forced to shut down or scale back production following the devastation. Production facilities owned by large companies like Archer Daniels […] Read more
Second wave possible for ethanol sector
Many grain industry analysts say ethanol’s growth phase is over and so is its ability to bolster grain prices. Bruce Rastetter, chief executive officer of Summit Agricultural Group, an agricultural investment firm headquartered in Alden, Iowa, vehemently disagrees. “They’re just wrong,” he said. He points to new ethanol-promoting policies adopted by countries including China and […] Read more
China set for ethanol binge as Beijing pumps up renewable fuel drive
BEIJING, Sept 13 (Reuters) – China’s bold plan to blend renewable fuels into its gasoline supply within three years will revolutionise its fledging biofuels industry, industry players said, likely spurring billions of dollars in investment in ethanol factories. On Wednesday, state media reported Beijing plans to roll out the use of a gasoline known as […] Read more
Higher U.S. ethanol content may spur demand for corn
The biggest customer of American corn may be developing more of an appetite for the crop because of a recent policy development. On April 2, the U.S. Environmental Protection Agency approved E15, which is gasoline with a 15 percent blend of ethanol. Pumps had previously been allowed to sell only E10 or 10 percent blends. […] Read more
Ethanol demand could diminish as factor in corn market
The end of a major ethanol subsidy in the United States will likely slow development of the biofuel industry. However, that could be a good thing as corn demand from U.S. livestock and overseas markets rise. Corn dominates the crop markets, and its price trend has a big impact on wheat, canola and barley. Ethanol […] Read more
