April 17, 2013
BY Chris Hanson
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The U.S. exported 195.8 million gallons of ethanol and 1.03 million metric tons of distillers grains in March, according to data released by the USDA on May 6. Exports of both products were up when compared to February.
ADM on May 6 reported improved first quarter earnings for its ethanol segment on higher production volumes and improved margins. Margins were slightly negative but are expected to improve during the second quarter.
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UNICA, the Brazilian sugarcane industry association, has released data showing sugarcane processing was up slightly during the first half of April. Total ethanol production was up nearly 12%, and corn ethanol production was up more than 41%.
U.S. fuel ethanol production was up 1% the week ending April 25, according to data released by the U.S. Energy Information Administration on April 30. Stocks of fuel ethanol were down slightly and exports were up 88%.