senators

Senators Want Action on Brazil Ethanol Tariff

Dan Energy, Industry News Release

A group of Midwestern Senators is urging U.S. Trade Representative Robert Lighthizer to respond to Brazil’s 20 percent ethanol tariff on imports over 600 million liters, or 158 million gallons. Brazil recently reinstated the tariff that will apply to U.S. ethanol exports to Brazil. In 2016, the U.S. exported 264 million gallons of ethanol to Brazil and is poised for …

tariff

Brazil Slaps Tariff on U.S. Ethanol

Dan Energy, Exports/Imports, Industry News Release

The Brazilian Agriculture Minister announced on Wednesday that the country’s Chamber of Foreign Trade approved a recommendation to impose a 20 percent tariff on U.S. ethanol imports after a 600 million liter tariff rate quota. Brazilian media are reporting the tariff will be in effect for two years. This will make it much more difficult for U.S. ethanol to access …

import tariff

RFA, USGC, Growth Energy Statement On Brazil Decision To Impose U.S. Ethanol Import Tariff

Dan Energy, Industry News Release, Trade

Brazilian Minister of Agriculture, Livestock and Supply Blairo Maggi tweeted that CAMEX, Brazil’s Chamber of Foreign Trade, has approved a recommendation to impose a 20 percent tariff on U.S. ethanol imports after a 600 million liter tariff rate quota. Local media are reporting this TRQ would be in place for the following two years, stymying access to a large and …

economic study

Economic Study Shows Renewable Fuel Standard Added to Price of Corn

Dan Corn, Energy, Industry News Release

A new economic study shows the Renewable Fuel Standard has added a third to the price of corn and saved the U.S. nearly 18-billion in gasoline costs. The Iowa State University study to be published soon in the American Journal of Agricultural Economics shows specific benefits to farmers, consumers, and the environment, from the nation’s renewable fuels requirement. Renewable Fuels …

tariff

Ethanol Production May Outpace Demand in Future

Dan Energy, Industry News Release

A new report from Cobank says the ethanol industry could soon face declining slim-to-negative profit margins. The report is titled “Ethanol’s Growth Path: Output and Export Uncertainties Both Rising.” It outlines how an ethanol market fueled by corn prices at multi-year lows, together with reinvestment into expanding production capacity, will push supplies past demand growth. A Cobank senior economist says …

hurricane fuel

New Academic Journal Study: RFS Offers Substantial Benefits to U.S. Economy

Dan Energy, Industry News Release

A new economic modeling study that will soon be published in the American Journal of Agricultural Economics finds that the Renewable Fuel Standard (RFS) has substantially benefited the U.S. economy by lowering gasoline and crude oil prices, cutting crude oil imports, adding value to U.S.-produced agricultural commodities, and reducing U.S. greenhouse gas (GHG) emissions. “The results confirm that the current …

reject

EPA to Reject Ethanol Rules Change

Dan Energy, Industry News Release

The Environmental Protection Agency will reject proposed changes to the point of obligation for complying with the Renewable Fuel Standard away from refiners. Politico reports that a Trump administration official said the EPA would reject the proposal by billionaire Carl Icahn, a key Trump supporter. EPA plans to formally announce the decision within the next two weeks and “President Trump …

senators

Delay of Decision to Impose U.S. Ethanol Import Tariff

Dan Energy, Industry News Release

The Executive Management Committee of CAMEX, Brazil’s Chamber of Foreign Trade, announced Tuesday a 30-day delay of a decision on a pending proposal to impose a 20 percent tariff on U.S. ethanol imports. The proposal would allow 500 million liters (132.1 million gallons) annually of U.S. ethanol imports before triggering the tariff. The following is a joint statement on this …

tariff

EPA To Hold RFS Hearing Next Month

Dan Energy

The Environmental Protection Agency (EPA) will hold a public hearing on its Renewable Fuel Standard volume obligations August first. The hearing, to be held in Washington, D.C., will take public comment on the 2018 renewable volume obligations, along with the 2019 RVO for biomass-based diesel, according to Ethanol Producer magazine. The agency released a prepublication version of the proposed rule …