USGC: Ethanol, DDGS exports up during the 2015-’16 marketing year

By Erin Voegele | October 17, 2016

The U.S. Grains Council has announced U.S. feed grains in all forms during the 2015-’16 marketing year reached 100.5 million metric tons (3.96 billion bushels), up more than 300,000 metric tons from the previous marketing year. The USGC said USDA data shows this is the second highest level on record. The highest was in 2008 with 100.6 million metric tons.

According to the USGC, its feed grains in all forms calculation accounts for feed grains exported by the U.S. in either unprocessed or value-added forms. This method offers a holistic look at demand from global customers being met by U.S. farmers. The calculation includes corn, sorghum, barley, distillers dried grains with solubles (DDGS), corn gluten feed (CGF), corn gluten meal (CGM), ethanol as measured in corn equivalents, meat and poultry measured in corn equivalents, and processed feed grain products.

Ethanol exports for the 2015-’16 marketing year reached 868.35 million gallons, up from 859.53 million gallons during the 2014-’15 marketing year. In corn equivalents, ethanol exports were at 7.88 million tons during the most recent marketing year, compared to 7.80 million tons during the 2014-’15 marketing year. DDGS exports also increased, reaching 11.73 million tons, up from 11.63 million tons during the 2014-’15 marketing year.

Canada was the top export market for ethanol during the 2015-’16  marketing year, at 234.94 million gallons, followed by China with 190.52 million gallons, Brazil with 122.21 million gallons, India with 66.92 million gallons, and the Philippines at 63.12 million gallons. During the previous marketing year, Canada, Brazil, the Philippines, South Korea and India were the top export markets for U.S. ethanol.

China was the top export market for U.S. DDGS during the 2015-’16 marketing year, with 3.37 million tons, followed by Mexico at 1.9 million tons, Vietnam at 1.01 million tons, South Korea at 844,578 tons and Turkey at 695,540 tons. During the previous marketing year, the top DDGS export markets included China, Mexico, South Korea, Vietnam and Canada.

Overall, exports of unprocessed corn grains, including corn, sorghum and barley, accounted for only 56.6 percent of total exports of feed grains in all forms. According to 10-year projections by USDA and USGC, feed grains in all forms have a positive outlook in the future as exports are expected to increase by 26.5 billion metric tons to 127 million metric tons by 2025-’26. These larger exports will come in the forms of corn, ethanol, and meat and poultry. By 2025-’16, feed grain and products exports are expected to reach almost a third of U.S. production with international markets for U.S. corn as an animal feed, ethanol and meat as the industry’s principle drivers.

Additional data on U.S. grains in all forms exports is available on the USGC website.