Growth Energy’s Executive Leadership Conference is an opportunity for members to learn about the outlook for ethanol not only at home, but also abroad. The ‘Making Waves Across the Globe’ panel brought together trade experts from a range of industries to discuss the global ethanol outlook for 2019 and some of the challenges our industry will face in achieving continued growth in exports for 2019. Eric Fobes of Trafigura, Lorraine Hawley of Archer Daniels Midland, Ryan LeGrand of the U.S. Grains Council, and Craig Willis of Growth Energy examined the challenges and opportunities that exist for ethanol internationally and how we can overcome them going forward.
“Ethanol works today. Its price competitive today – it always has been. Ethanol has been the long-term, low cost provider for ten years,” said Fobes on the global ethanol outlook. “There is an economic benefit. A real economic benefit… for consumers in generally poor countries. We think it’s good.”