America Needs More “Fiascos” Like Ethanol
In a recent opinion piece, commodity broker Dave Juday attempts to argue that America’s push to use renewable fuels to weaken our dependence on foreign oil is a “fiasco.” As is often the case with the opinions of anti-ethanol critics, the argument lacks context and a complete recital of the facts. If 400,000 jobs and 445 million fewer barrels of imported oil each year are a fiasco, then America could use a few more just like it.
August Ethanol Exports Dip; DDGS Exports Surge
According to government data released today, U.S. ethanol exports went down sharply in the month of August. Exports of denatured and undenatured (non-beverage) ethanol totaled 52.1 million gallons (mg). Meanwhile, distillers grains (DDGS) exports hit their highest level of the year. DDGS exports for the month totaled 829,489 metric tons (mt).
Fowl Policy: Why Corn Stocks-to-Use Ratio Doesn’t Work as RFS Policy Foundation
Reps. Bob Goodlatte (R-VA) and Jim Costa (D-CA) are pushing legislation that would require the EPA to waive a portion of the annual Renewable Fuel Standard (RFS) when the corn stocks-to-use ratio falls below 10 percent. But history shows the ratio is, at best, a crude and highly volatile indicator of supply-demand that is not fit to serve as a mechanism for important public policy decision-making.
Posted in Renewable Fuel Standard


















