Over the next five years, 18 new cereal ethanol plants are expected to start operating in Brazil, adding 5 to 7 billion liters of ethanol annually, according to a Céleres study. By 2028, 12.2 billion liters of ethanol could come from cereals like corn, sorghum, and wheat, making up 35% of the country’s biofuel production. In 2023/24, corn ethanol accounted for 6.26 billion liters, or 18.7% of the total, rising to 6.39 billion liters (19.5%) in early 2024/25. Despite lower profit margins than in the early years, investments remain attractive, supported by falling corn prices balancing higher biomass costs.
Source: Nova Cana
CEREAL ETHANOL COULD ACCOUNT FOR 40% OF BRAZILIAN PRODUCTION IN THE NEXT DECADE
Published On - 7 de February de 2025