USGC: Ethanol exports up in September

By Erin Voegele | November 18, 2016

The U.S. Grains Council recently reported that USDA export data for September, which is the first month of the 2016-’17 marketing year, showed a dramatic increase in exports of feed grains in all forms.

Total feed grains in all forms, which includes corn, sorghum, barley, meats, ethanol and distillers dried grains with solubles (DDGS), were up nearly 34 percent in September when compared to the same period of last year.

The USGC said that 10.7 million metric tons (421 million bushels) of feed grains were exported during the month, making September one of the strongest for exports in recent memory and a hopeful way to begin the new year for farmers and agribusinesses looking at record grain crops.

The data shows exports of ethanol hit nearly 100 million gallons for the first time since December 2011, up 59 percent from September 2015, and representing 903,000 metric tons, or 35 million bushels, of corn equivalent.

The USGC said the boom included a return of China to the market after three months of no denatured shipments at all. Overall, Canada, Brazil and China ranked as the top three destinations for U.S. ethanol, and all three saw significant gains from a year ago. Ethanol exports to Singapore and the Philippines increased two fold.

For the full marketing year 2015-’16, the data shows ethanol exports reached 868.36 million gallons, up from 859.53 million gallons during the same period of the prior marketing year. On a value basis, ethanol exports were at $1.82 billion, down from $1.91 billion during the 2014-’15 marketing year.

For September, ethanol exports reached 99.63 million gallons, or a value of $173.91 million, compared to 62.56 million gallons, or $134.89 million in value.

DDGS exports reached 990,971 metric tons in September, or a value of $193.12 million, down from 1.16 million metric tons, or $272.51 million, during September 2015. For the full 2015-’16 marketing year, DDGS exports reached 11.73 million tons, or $2.35 billion, compared to 11.63 million tons, or $2.76 billion, during the previous marketing year.

Additional statistics are available on the USGC website