March 24, 2021
BY Erin Krueger
U.S. ethanol production fell by 5 percent the week ending March 19, according to data released by the U.S. Energy Information Administration on March 24. Fuel ethanol stocks were up more than 2 percent.
Ethanol production for the week ending March 19 averaged 922,000 barrels per day, down 49,000 barrels per day when compared to the 971,000 barrels per day of production reported for the previous week. When compared to the same week of last year, production was down 83,000 barrels per day.
Weekly ending stocks of fuel ethanol expanded to 21.809 million barrels the week ending March 19, up 469,000 barrels when compared to the 21.34 million barrels of stocks reported for the previous week. When compared to the same week of last year, stocks for the week ending March 19 were down 2.331 million barrels.
Advertisement
Advertisement
The U.S. Energy Information Administration maintained its forecast for 2025 and 2026 biodiesel, renewable diesel and sustainable aviation fuel (SAF) production in its latest Short-Term Energy Outlook, released July 8.
XCF Global Inc. on July 10 shared its strategic plan to invest close to $1 billion in developing a network of SAF production facilities, expanding its U.S. footprint, and advancing its international growth strategy.
U.S. fuel ethanol capacity fell slightly in April, while biodiesel and renewable diesel capacity held steady, according to data released by the U.S. EIA on June 30. Feedstock consumption was down when compared to the previous month.
XCF Global Inc. on July 8 provided a production update on its flagship New Rise Reno facility, underscoring that the plant has successfully produced SAF, renewable diesel, and renewable naphtha during its initial ramp-up.
The USDA’s Risk Management Agency is implementing multiple changes to the Camelina pilot insurance program for the 2026 and succeeding crop years. The changes will expand coverage options and provide greater flexibility for producers.