Global Ethanol Demand Expected To Rise
Producers jittery about the fate of ethanol took comfort when President Donald Trump told EPA to back off proposed measures to cut federal biofuel requirements and lump fuel exports into domestic quotas. The decision, with projections showing steady demand for renewable fuel, suggests a path to market for grain earmarked for energy. Although ethanol prices are set to tick a few cents per gallon higher next year, some factors remain decidedly out of producers’ control, according to the 2017 International Biofuels...