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Biden, Vilsack and Regan celebrate National Agriculture Day

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By Erin Voegele

March 21, 2023

FeedstocksPolicyBusinessOperationsMarketsCoproducts

President Joe Biden has proclaimed March 21 as National Agriculture Day. Agriculture Secretary Tom Vilsack and EPA Administrator Michael Regan issued comments recognizing the ag community for its work to provide the U.S. with food, fuel and fiber.

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Minnesota's ethanol industry contributed $2.7 billion to the state's gross domestic product (GDP) in 2022, according to a new study by the University of Minnesota Extension that was sponsored by the Minnesota Bio-Fuels Association.

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Gevo Inc. has entered into a joint development agreement with SIRE to measure, report and verify CI through the entire value chain, inclusive of climate-smart agriculture practices to lower the carbon footprint of SIRE's product portfolio.

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The U.S. EPA on March 16 released data showing that nearly 1.72 billion renewable identification number (RINs) were generated under the Renewable Fuel Standard in February, up from 1.54 billion generated during the same month of 2022.

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Rondo Energy and Calgren Renewable Fuels on March 6 announced the start of commercial operation of a 2 MWh Rondo Heat Battery (RHB) at Calgren's facility in Pixley, California. The system delivers continuous industrial heat on demand.

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U.S. fuel ethanol production was up slightly the week ending March 10, according to data released by the U.S. EIA on March 15. Stocks of fuel ethanol were up more than 4 percent, reaching the highest level in nearly a year.

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Gas Liquids Engineering Ltd. has commenced detailed engineering on a major carbon capture and sequestration project for Marquis Carbon Capture LLC at the Marquis Industrial Complex that houses the Marquis Energy corn ethanol plant.

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Alto Ingredients Inc. on March 9 released Q4 results, reporting that the company was negatively impacted by commodity price swings. The company is diversifying its operations to produce high protein products, corn oil, CCS credits and RNG.

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Aemetis Inc. released Q4 results on March 9, reporting full year revenues were up 21 percent when compared to 2021. During an earnings call, company officials discussed ongoing projects related to ethanol, RNG and SAF production.

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Gevo Inc. released Q4 results on March 9, confirming that the company's Net Zero 1 project in South Dakota remains on schedule for startup in 2025. Gevo said its RNG project continues to ramp up operations, while its Minnesota biorefinery is idle.

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With carbon capture and sequestration taking ethanol towards net-zero, a rising CCS developer is focused on working with producers that are uniquely positioned to sequester near their plant.

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POET is celebrating its 35th anniversary. The company, founded in 1987, currently boasts an annual production rate of 3 billion gallons of bioethanol, 14 billion pounds of animal feed, and 1 billion pounds of corn oil.

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UNICA, the Brazilian sugarcane industry association, has announced facilities in the south-central region of Brazil produced 207.26 million liters of ethanol during the first half of February. Corn ethanol accounded for 98 percent of that volume.

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U.S. fuel ethanol production expanded by nearly 1 percent the week ending March 3, according to data released by the U.S. Energy Information Administration on March 8. Weekly ending stocks of fuel ethanol were up more than 2 percent.

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The U.S. Energy Information Administration increased its forecasts for both 2023 and 2024 fuel ethanol production in its latest Short-Term Energy Outlook, released March 7. The forecast for ethanol blending was also increased.

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Gevo Inc. has finalized a hydrogen development services agreement with Zero6 Energy (formerly Juhl Energy) for the development of a 20-MW hydrogen production facility in Lake Preston, South Dakota, using Cummins Inc. electrolyzer technology.

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A new analysis from a renowned carbon accounting firm finds that the greenhouse gas emissions reductions achieved under the Renewable Fuel Standard far exceed the GHG savings originally projected by U.S. EPA.

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The U.S. EPA on in February approved an efficient producer pathway for Green Plains Inc.'s 60 MMgy ethanol plant located in Superior, Iowa. The approval allows the facility to generate RINs for non-grandfathered volumes of ethanol.

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The innate persistence of the U.S. ethanol industry and its champions can drive renewable fuels to new heights in 2023, RFA President and CEO Geoff Cooper said in his annual “State of the Industry� presentation at the NEC.

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U.S. fuel ethanol production was down nearly 3 percent the week ending Feb. 24, according to data released by the U.S. Energy Information Administration on March 1. Weekly ending stocks of fuel ethanol were also down approximately 3 percent.

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The ethanol industry's contribution to the U.S. economy increased in 2022 as production volumes continued to recover from COVID pandemic levels and producers received higher prices for ethanol and co-products like distiller grains and corn oil.

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The RFA released its 2023 Ethanol Industry Outlook and Pocket Guide during the 28th annual National Ethanol Conference in Orlando. The annual publications serve as the go-to source of ethanol industry information, facts, and statistics.

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Total U.S. operable biofuels production capacity expanded in December. Total biofuel feedstock consumption was down when compared to both the previous month and December 2021, according to data released by the U.S. EIA on Feb. 28.

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Adding low-cost ethanol to the nation's gasoline supply improves energy security and saves the average American household more than $750 per year, according to a new study conducted by energy economists from the University of California-Berkeley.

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The USDA recently released its Grain Crushings and Co-Products Production report for February, reporting that corn use for fuel ethanol production in December was down from both the previous month and December 2021.

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U.S. fuel ethanol production was up nearly 2 percent the week ending Feb. 17, according to data released by the U.S. Energy Information Administration on Feb. 23. Weekly ending stocks of fuel ethanol expanded by 1 percent.

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Aemetis Inc. on Feb. 13 released an updated five-year plan that provides insights into the company's plans to generate $2.0 billion of revenues, $496 million of net income, and $682 million adjusted EBITDA in year 2027.

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UNICA, the Brazilian sugarcane industry association, has released data showing that ethanol production was up during the second half of January. Ethanol sales for the full month were up more than 23 percent.

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The Andersons Inc. released fourth quarter financial results on Feb. 14, reporting strong quarterly results and record full year earnings. The company's renewables segment achieved good results despite lower ethanol margins.

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The U.S. EPA has released data showing more than 1.75 billion renewable identification number (RINs) were generated under the Renewable Fuel Standard in January, up from 1.59 billion that were generated during the same month of 2022.

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