Commodity/Trade Groups
Team AgWiki Team AgWiki
shared this article 3 years ago
Topics: Corn/Maize, Agriculture US, Ethanol/Biofuel, Ag Russia & CIS, Trade (Commodities), Commodity/Trade Groups,

03/12/2022 SOURCE: ethanolrfa.org

EIA Data Confirm Record Ethanol Blend Rate in 2021

Data released Monday by the U.S. Energy Information Administration show that ethanol comprised a record share of America’s gasoline in 2021, averaging 10.34 percent of every gallon sold. The final EIA data for 2021 also confirmed a significant rebound in both ethanol production and consumption after COVID-related shutdowns ravaged the fuel market in 2020. The Renewable Fuels Association said the EIA data also underscore ethanol’s ability to diversify the domestic fuel supply and keep pump prices in check. EIA’s data show that the U.S. ethanol industry produced 15.02 billion gallons (bg)in 2021, an 8 percent increase over 2020 and the largest annual volume growth since 2010. Domestic ethanol consumption grew even faster, jumping 1.26 bg over 2020 levels—a 10 percent increase. Meanwhile, U.S. ethanol exports dipped slightly from 2020 levels, but still registered as the fifth highest on record. RFA President and CEO Geoff Cooper said the data underscore the resilience of the U.S. ethanol industry and highlight the fact that the so-called “E10 blend wall” continues to crumble. “Ethanol’s share of our nation’s gasoline continues to rise, as consumers are increasingly drawn to lower-cost, lower-carbon options like E15 and E85,” Cooper said. “Based on the EIA data, we estimate that 600-700 million gallons of ethanol were consumed in blends other than E10, proving that the oil industry’s so-called ‘blend wall’ is nothing but a figment of their imagination. As war in eastern Europe destabilizes global petroleum markets and crude oil prices continue to rise, our nation’s leaders should be taking steps to increase the use of cleaner-burning, homegrown ethanol. We have enough unused production capacity in the ethanol industry to entirely replace U.S. crude oil imports from Russia.” Cooper touched on many of these themes in his State of the Industry addressat last week’s National Ethanol Conference.

Read More

Randy Krotz Randy Krotz
shared this article 3 years ago
Topics: Livestock/Meat, Agriculture US, Beef Cattle, Cellular Meat, Plant-Based/Animal Free, Commodity/Trade Groups,

This appears to be a puff piece, but it is well done and targets some of the concerns consumers may have about lab-grown meats.

Future Meat | Bringing Cultivated Meat to the Table

Future Meat can bring delicious cultivated meat to the table by 2023! Our sustainable meat technology is reinventing agriculture as we know it.

Read More

02/13/2022 SOURCE: illinoisnewsroom.org

The American Farm Bureau Federation claims it’s the ‘Voice of Agriculture.’ These groups beg to differ. - Illinois Newsroom

This story is a collaboration between Investigate Midwest and Watchdog Writers Group. The newsrooms are continuing to cover Farm Bureaus and their influence. Is there an aspect of the Farm Bureau you think is underreported or not getting enough attention? Please contact Sky Chadde, sky.chadde@investigatemidwest.org, or Madison McVan, madison.mcvan@investigatemidwest.org. The American Farm Bureau Federation calls itself the “Voice […]

Read More

Team AgWiki Team AgWiki
shared this article 3 years ago
Topics: Beef Cattle, Environment, Climate Change, Ranching, Commodity/Trade Groups,
Randy Krotz Randy Krotz
shared this article 3 years ago
Topics: Soybeans, Environment, Commodity/Trade Groups,

Biodiesel Board Rebrands as Clean Fuels Alliance America

The National Biodiesel Board today unveiled its new name and new brand, Clean Fuels Alliance America, during the opening session of the 2022 National Biodiesel Conference & Expo. The transformation to Clean Fuels helps the industry represent all its industry members: biodiesel, renewable diesel and

Read More

Advertisement

Small school. Big internships. One-to-one learning and hands-on experiences in the heart of the agribusiness industry. Agribusiness at Greenville University