The head of the Renewable Fuels Association says he has high expectations for the ethanol industry this year, but the export market faces challenges.
Geoff Cooper tells Brownfield some barriers could impact US ethanol sales.
“Brazil just reinstated its high tariff rate on US ethanol,” he said. “China still has a high tariff on US ethanol. And, we still have trouble getting into Europe because of some of their trade barriers.”
But he says he’s optimistic about the ethanol export market despite the challenges at hand.