Photo: Collected
A USGC team traveled to Brazil last week to learn about the market potential Brazilian #corn #ethanol has domestically and globally and about logistics faced by U.S. ethanol exporters to Brazil at the main ports situated in the northeastern part of the country.
By meeting port authorities and ethanol traders, the group was able to learn the complexity of trading ethanol in the north and northeast area in Brazil and to assess the potential obstacles that the industry needs to overcome to regain market share in the country,” Diaz said.
The Council has been active in Brazil advocating to reduce the duties applied to U.S. ethanol and to help certify ethanol plants under the RenovaBio program. In March 2022, Brazil decided to drop the common Mercosur duty of 20 percent on all ethanol imports until Dec. 31 as an effort against inflation. Council efforts this year have been aimed at turning this into a permanent decision.
|Source: E-mail/GFMM
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