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EIA increases 2021, 2022 forecasts for ethanol blending

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By Erin Krueger

June 08, 2021

Business Operations Markets 

The U.S. Energy Information Administration maintained its forecasts for 2021 and 2022 ethanol production in its latest Short-Term Energy Outlook, released June 8. The outlook for 2021 and 2022 ethanol blending, however, was increased.

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The U.S. exported 112.68 million gallons of ethanol and 862,736 metric tons of distillers grains in April, according to data released by the USDA Foreign Agricultural Service on June 8. Exports of both products were down when compared to March.

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Sustainable aviation fuel set for explosive growth, offering a potential market for ethanol as feedstock.

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Innovative suite of technologies transforms distillers grains into high-value feed ingredients.

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Editor Lisa Gibson previews the content for July, including corn oil, E15 expansion, the Ethanol Producer Award winners, and more.

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Greenfield Global Inc. has reached an agreement with Central Farm Service for the supply of corn to its newly acquired ethanol plant in Winnebago, Minnesota. The 48 MMgy facility could resume operations as soon as this fall.

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Prices are rising to historic levels, creating opportunities for separation enhancement with short payback periods.

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IFF's Health & Biosciences division announced June 2 that it has entered into an agreement to offer advanced yeasts for first generation ethanol production developed by DSM Bio-based Products & Services.

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UNICA, the Brazilian sugarcane industry association, has announced that anhydrous ethanol production was up significantly during the first half of May. Ethanol sales for the period were up more than 10 percent when compared to the prior year.

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U.S. fuel ethanol production expanded by more than 2 percent the week ending May 28, according to data released by the U.S. Energy Information Administration on June 3. Ethanol stocks were up by more than 3 percent.

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The U.S. Energy Information Administration released data on May 28 that shows 20.577 billion gallons of U.S. biofuel production capacity was in place in March, down slightly from 20.64 billion gallons in February.

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Poet LLC announced on June 1 it has acquired the ethanol assets of Flint Hills Resources in their entirety, including six ethanol plants, two terminals and Flint Hill's NexPro animal feed ingredients business.

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The USDA recently released its Grain Crushings and Co-Products Production report for May, reporting that corn use for fuel ethanol in March was up when compared to both the previous month and March 2020.

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Rex American Resources Corp. released fiscal first quarter financial results on May 26, reporting a profitable three-month period for its ethanol segment. Ethanol production and sales volumes were up significantly when compared to Q1 2020.

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U.S. fuel ethanol production fell by 2 precent the week ending May 21, but remained above 1 million barrels per day, according to data released by the U.S. EIAon May 26. Ethanol stocks fell by 2 percent, hitting a nearly five-year low.

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Battelle and Catahoula Resources announced on May 25 an agreement to jointly develop solutions for the capture, transport and sequestration of carbon dioxide produced at ethanol facilities in Nebraska.

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ADM and the University of Illinois announced on May 19 the successful completion of the Illinois Basin - Decatur Project, a carbon capture and storage (CCS) project designed to evaluate and test the technology at commercial scale.

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The U.S. EPA has released data that shows 1.57 billion renewable identification numbers (RINs) were generated under the Renewable Fuel Standard in April, up from 1.06 billion generated during the same month of 2020.

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UNICA, the Brazilian sugarcane industry association, has announced that sugarcane crushing for the second half of April was down nearly 23 percent. Ethanol production was also down. Ethanol sales, however, were up more than 15 percent.

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Aemetis Inc. announced on May 19 that its Aemetis Biogas subsidiary reached a significant milestone by starting construction of the dairy biogas cleanup and compression unit for the Aemetis Biogas Central Dairy Digester Project.

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U.S. fuel ethanol production averaged 1.032 million barrels per day the week ending May 14, marking the first time in more than a year that production has exceeded 1 million barrels per day, according to data released by the U.S. EIA on May 19.

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The U.S. EPA on May 4 approved an efficient producer pathway for Poet LLC's 46 MMgy ethanol plant located in Preston, Minnesota. The approval allows the facility to generate RINs for non-grandfathered volumes of ethanol.

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Poet LLC is considering the purchase of Flint Hills Resources' six ethanol plants. The two companies are currently in exclusive discussions over the possible sale of Flint Hills Resources' biofuels business, according to a Poet spokesperson.

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Business Briefs

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By Ethanol Producer Magazine

May 13, 2021

USGC hires new communications manager; Poet expands product portfolio; and ERI, DBI merge.

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Alto Ingredients Inc. released first quarter financial results on May 12, reporting solid performance for the three-month period. Mike Kandris, CEO of Alto Ingredients, discussed plans for several capital improvement projects, including CCS.

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The 2021 International Fuel Ethanol Workshop & Expo, slated for July in Des Moines, Iowa, will bring its traditional slew of experts and information. This guide will help attendees decide which panels to take in.

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If India realizes its goal of 20% ethanol by 2025, it would be one of the higher blend rates achieved globally, putting India at the forefront of reducing overall greenhouse gas (GHG) emissions.

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Lakeview Energy LLC. announces the closing of a multi-draw, senior secured debt facility with Orion Energy Partners L.P. to fund process upgrades at its existing 55 million gallon per year biorefinery in Coshocton, Ohio.

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Fluid Quip Technologies has announced it will install a high-quality alcohol (HQA) system at the Three Rivers Energy Coshocton, Ohio, biofuel plant. The HQA installation will enable the plant to produce high quality and high purity GNS alcohol.

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U.S. ethanol production was up approximately 3 percent the week ending May 7, according to data released by the U.S. Energy Information Administration on May 12. Fuel ethanol stocks were down more than 5 percent from the previous week.

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