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Novonesis: Ethanol supports strong 2024 sales growth

SOURCE: Novonesis

February 27, 2025

BY Erin Voegele

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EIA weekly data: Ethanol production down 1%, stocks up slightly, exports down 19%

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By Erin Krueger

11 hours ago

Production Markets Business Operations 

U.S. fuel ethanol production fell by less than 1% the week ending June 12, according to data released by the U.S. Energy Information Administration on June 17. Stocks of fuel ethanol expanded slightly while exports fell by 19%

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The USDA on June 15 delivered a final rule to the White House Office of Management and Budget that would, in part, “simplify and streamline requirements and processes” for the Rural Energy for America Program.

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POET on June 16 broke ground on its planned expansion of POET Bioprocessing – Shelbyville, expanding the facility’s production capacity to 193 MMgy. Construction began in March 2026 and is expected to be completed in Q4 2027.

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As agricultural productivity continues to climb, a new study from S&P Global Energy finds that future agricultural growth could be constrained by lack of demand rather than a lack of production, according to the IRFA.

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Sen. Chuck Grassley, R-Iowa, on June 12 pressed Hal Duncan, President Donald Trump’s nominee to serve as deputy director of the White House OMB on the current status of USDA’s 45Z feedstock rule, which has been under OMB review since early April.

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