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USDA raises forecast for 2023-’24 corn use in ethanol

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By Erin Krueger

November 10, 2023

Feedstocks 

The USDA raised its forecast for 2023-’24 corn use in ethanol production by 25 million bushels in its latest World Agricultural Supply and Demand Estimates report, released Nov. 9. The agency also reduced its forecasted corn price.

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The USDA has announced 2023 corn production for grain is currently forecast at a record high 15.2 billion bushels, up 1 percent from the agency’s October forecast, according to the USDA’s Nov. 9 Crop Production report.

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The Renewable Fuels Association has announced the launch of Veterans for Renewable Fuels, a new initiative designed specifically for military veterans and immediate family members working in the U.S. ethanol industry.

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Growth Energy has rebranded with a new look and feel that reflects the full spectrum of the opportunities and innovations that are transforming the biofuels industry and expanding the bioeconomy. 

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USDA Rural Development Senior Advisor Cindy Axne on Nov. 7 announced that USDA is awarding a $2.25 million grant to Golden Grain Energy LLC, an ethanol plant near Mason City, Iowa, to increase the availability of domestic biofuels.

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Stretching Out Steam

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By Luke Geiver

November 09, 2023

Energy Integration Inc. is helping ethanol producers rethink, reroute and reuse steam and heat in ways that impact cooling, steam generation and overall plant energy use.

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The Andersons Inc. released third quarter financial results on Nov. 7, reporting that “ethanol crush margins were outstanding throughout the quarter” and indicating that the current margin outlook remains strong.

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Alto Ingredients Inc. released third quarter financial results on Nov. 6, reporting positive adjusted EBITDA despite higher-than-expected facility downtime that resulted in lower production volumes and diminished the impact of improved margins.

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Harvesting Hydrogen

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By Sue Retka Schill

November 08, 2023

A high-profile, multi-participant project in Brazil is poised to demonstrate ethanol-to-hydrogen technology.

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The U.S. exported 120.49 million gallons of ethanol and 1.03 million metric tons of distillers grains in September, according to data released by the USDA Foreign Agricultural Service on Nov. 7. Exports of both products were up.

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Following USGC’s Ethanol Summit, a delegation of 40 people from 15 Latin American countries participated in three field visits to learn more about the ethanol production, supply and marketing chain in the U.S.

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Smarter, Better and Bigger

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By Luke Geiver

November 07, 2023

As the era of high-tech corn receiving coalesces with the rise of 2-million-plus-bushel grain bins, ethanol plants are becoming known for feedstock receiving and storage systems that are fast, efficient and massive.

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The USDA on Nov. 1 awarded $145 million in loans and grants to 700 projects under the agency’s Rural Energy for America Program. Projects at two ethanol plants are among those that will receive funding.

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The USDA on Oct. 24 announced it will use $1.3 billion in Commodity Credit Corp. funds to create the Regional Agricultural Promotion Program, which aims to assist agricultural groups in marketing their commodities overseas.

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Harvestone announced on Nov. 1 the commencement of carbon dioxide (CO2) injection as a part of its carbon capture and storage (CCS) project at the Blue Flint Ethanol facility near Underwood, North Dakota.

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A Swiss entrepreneur, inspired by global sustainable development goals, has built a cellulosic ethanol company that’s seeking partnerships to upscale her technology with unique innovations.

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The U.S. Grains Council in October conducted a mission to Germany and Poland, aiming to expand support for bioethanol within the European Union and explore potential markets in area.

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

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Red Trail Energy will be the first and largest proven production facility in the U.S. to bring high-quality, third-party verified CO2 removal credits from ethanol CO2 capture and storage to the voluntary carbon market.

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The Andersons Marathon Holdings joins RFA as newest producer member

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By Renewable Fuels Association

November 02, 2023

The Renewable Fuels Association is welcoming its newest producer member, The Andersons Marathon Holdings LLC. The company, formed by The Andersons Inc. and Marathon Petroleum Corp., owns four ethanol biorefineries.

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U.S. fuel ethanol production was up more than 1 percent the week ending Oct. 27, according to data released by the U.S. EIA on Nov. 1. Stocks fell by 2 percent, reaching the lowest level since December 2021, while exports were up 6 percent.

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Growth Energy on Nov. 1 urged regulators in Washington state to clarify their definition of “biofuels” under the state’s Cap-and-Invest program in a way that allows them to “maximize the use of bioethanol to reduce greenhouse gas emissions.”

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Green Plains Inc. released Q3 financial results on Oct. 31, reporting significantly improved earnings and expanding high-protein sales. The company also expressed confidence in its CCS projects and confirmed the sale of its Atkinson facility.

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US Grain Council joins American Carbon Alliance

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By American Carbon Alliance

October 31, 2023

The American Carbon Alliance announced on Oct. 27 that the U.S. Grains Council has joined its organization. ACA members are working to bring attention to the benefits that carbon capture technology will have throughout the world.

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Aemetis Inc. announced that its Universal Biofuels subsidiary in India, owner and operator of a 60 MMgy biodiesel plant, was selected by India’s three government-controlled oil marketing companies to supply an estimated $150 million of biodiesel.

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One Earth Sequestration LLC on Oct. 18 filed an application with the ICC seeking an Certifiate of Authority to Construct and Operate a 7.34 mile pipeline to transport and sequester CO2 produced at One Earth Energy LLC.

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Novozymes on Oct. 26 reported that Q3 sales for its bioenergy segment were up 21 percent when compared to the same quarter of last year. Bioenergy sales for the first nine months of 2023 were up 25 percent when compared to the same period of 2022.

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ACE, USGC and the South Dakota Corn Utilization Council hosted a tour in October to show stakeholders from Costa Rica, Guatemala and Panama how ethanol blends have been safely, successfully and profitably incorporated in South Dakota.

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Growth Energy submitted comments on Oct. 26 to CARB as part of its effort to revise the state’s cap and trade regulations. The comments call on CARB to approve the use of E15 and update unscientific, outdated lifecycle calculations.

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U.S. fuel ethanol production expanded by nearly 1 percent the week ending Oct. 20, according to data released by the U.S. EIA on Oct. 25. Stocks of fuel ethanol were up more than 1 percent and exports fell by 42 percent.

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