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WASDE: Corn for ethanol up; offsets keep ending stocks unchanged

April 11, 2017

BY Susanne Retka Schill

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Don’t Let the Single Biggest Opportunity for the Ethanol Industry Slip Away

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By Zoltán Szabó

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Marine Biofuel Markets 

The global maritime sector is massive. Its annual fuel consumption is roughly three times larger than global ethanol production. But today, virtually no renewable fuels are used in maritime.

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U.S. fuel ethanol production expanded by nearly 4% the week ending April 3, according to data released by the U.S. Energy Information Administration on April 8. Ethanol stocks were up slightly while exports of fuel ethanol expanded by 65%.

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The Greater Washington Region Clean Cities Coalition and the Maryland Biofuels Task Force on March 31 stated that recent federal action by the U.S. EPA provides Maryland with a timely opportunity to establish a Clean Fuel Standard.

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Representatives of the U.S. biofuel industry were among more than 450 parties that weighed in on the Internal Revenue Service’s proposed 45Z clean fuel production credit regulations ahead of an April 6 deadline.

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The U.S. Energy Information Administration maintained its forecasts for 2026 and 2027 fuel ethanol production in its latest Short-Term Energy Outlook, released April 7. The forecasts for 2027 ethanol exports and consumption were revised up.

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