WASHINGTON, D.C. — Growth Energy, the nation’s largest biofuel trade association, applauded a new United States–Guatemala Agreement on Reciprocal Trade. According to United States Trade Representative Jamieson Greer, the agreement will solidify new markets for U.S. exports and strengthen strategic economic ties in the Western Hemisphere. As part of the deal, Guatemala has agreed to transition to E10 ethanol blends for on-road use, and it shall endeavor to purchase at least 50 million gallons of ethanol from the United States annually.
“Every new market is another opportunity to close the gap between supply and demand for our farmers and fuel America’s energy leadership,” said Growth Energy CEO Emily Skor. “We applaud Ambassador Greer and the Trump administration for working to ensure that U.S. biofuel exports remain a bright spot for trade — one that supports working-class jobs and strengthens American manufacturing. Exports of 50 million gallons to Guatemala would translate to a market for 140 million bushels of U.S. corn, and that number will only grow as more of our trading partners add more lower-cost ethanol to their fuel supplies.”