U.S. ethanol exports rose to a peak value of $7.5 billion last year, making a positive contribution to the U.S. trade balance, while also boosting farm incomes.
Renewable Fuels Association Chief Economist, Scott Richman spoke with RFD-TV’s own Suzanne Alexander on current trade conditions, what this means for producers, and what to expect moving forward in 2025.
Related Stories
WTO gauges point to agricultural raw materials trade growing more slowly than overall goods, reinforcing the need to manage export risk and monitor policy shifts closely.
Improved export prospects and higher crop prices strengthened future expectations despite continued caution about spending.
While the agriculture industry hoped details on proposed “bridge” payments for farmers would be released this week, Ag Secretary Brook Rollins said the USDA is still working with the White House on the finer points.
China’s renewed purchases signal improving sorghum demand at a time when export markets are otherwise uneven. Meanwhile, agriculture groups across the U.S, Canada, and Mexico want to protect close trade relations.
Pressure on grain storage capacity and stronger export positioning are pushing more grain onto railroads, highways, and river systems as logistics become a key bottleneck this fall.