US ethanol exports double, Iowan ethanol now cheaper than Brazilian: RFA
Biofuels Digest
May 20, 2010 Jim Lane
In Washington, the RFA has released a report, “The paradox of rising US ethanol exports: increased market opportunities at the expense of enhanced national energy security,” which explores the increase in the global ethanol export trade, particularly in the Middle East. Overall, the RFA is reporting that the US exported 83 million gallons of ethanol in Q1 2010, or around 3 percent of US production, with exports rising to 45 million gallons in March.
The RFA notes “As long as domestic ethanol usage is restricted by the regulatory limitation on 10 percent blends, the U.S. ethanol industry will be forced to look to the global marketplace for new demand source.”
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