U.S. Grains & BioProducts Council (USGBC) Multilateral Ethanol Policy Manager Linda Schmid recently traveled to Sioux Falls, SD to participate in a conference hosted by the American Coalition for Ethanol (ACE), a USGBC member, and offer her perspective on global bioethanol market growth.
At the conference, Schmid delivered a keynote address on global biofuel trade focused on the drivers of ethanol market acceleration. Afterwards, she also participated in a panel discussion about financial and political incentives that can advance international biofuel adoption.
“Clear administrative rules during international trade and in export markets enable the U.S. ethanol industry to compete on cost, quality and innovation to meet global demand for low carbon fuels,” Schmid said.
“Aligning producers’ understanding of market dynamics will set the industry up for success in the coming years.”
While in the state, Schmid also met USGBC Ethanol Advisory Team (A-Team) member and POET Vice President of Corporate Affairs Doug Berven to discuss collaboration opportunities and tour POET’s headquarters. Schmid also visited a POET bioprocessing facility that produces 125 million gallons of ethanol annually.
Schmid then met with a representative from BASF, a new USGBC member and a global leader in chemical manufacturing with a focus on environmental protection, to discuss its integration of biofuels and agricultural co-products as an additional source of global demand for U.S. corn.
“It’s vital that farmers and other producers are aware of the international market conditions for their products and the factors affecting them, so connecting with Council members and other stakeholders during and surrounding conferences such as this is a pleasure,” Schmid said.
Learn more about the Council’s work in ethanol here.