Mar 15, 2019

Ethanol Use Falls for First Time in 20 Years

RFA is blaming fall on waivers EPA granted to refiners allowing them to forego blending requirements

Ethanol use in the United States last year fell for the first time since 1998, according to data from the Energy Information Administration.

AgWebreports that the Renewable Fuels Association (RFA) is blaming that fall on waivers EPA granted to refiners allowing them to forego the blending requirements of the Renewable Fuels Standard (RFS).

Ethanol consumption in the U.S. in 2017 was just short of 14-and-a-half billion gallons, but fell more than 100 million gallons in 2018.

EPA this week did offer hope for expansion of ethanol consumption in 2019 and beyond by publishing rules to allow year-round sales of 15% blends of ethanol.

Recently Added to Buyer's Guide

BinRite Grain Identification System

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BBU Big Bag Unloader

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Batch High Shear Mixers

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GrainDrive™ T1000 Tube Conveyors

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Combi-zone Dryer

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Magazine

Marketwatch: Mar, 25

US Corn Price Idx:ZCPAUS.CM

open: 7.2563
high: 7.2588
low: 7.1555
close: 7.1953

US Soybean Price Idx:ZSPAUS.CM

open: 16.5697
high: 16.6984
low: 16.4286
close: 16.4672

US Hard Red Winter Wheat Price Idx:KEPAUS.CM

open: 10.2268
high: 10.2859
low: 10.0542
close: 10.0755

US Soft Red Winter Wheat Price Idx:ZWPAUS.CM

open: 10.0954
high: 10.2546
low: 10.0279
close: 10.0854