Kelly Davis recounts her trip to northeast Asia as part of a trade mission to discuss U.S. ethanol policy, import and export capabilities, trends in corn co-products, and other important issues.
The U.S. remained a net exporter in March by a slim margin. March exports of ethanol totaled 58.8 million gallons, up 38% from February. Canada was again the leading destination.
U.S. ethanol exports in February dropped significantly from January levels, scaling back by a third as shipments of denatured and undenatured (non-beverage) ethanol totaled 42.5 million gallons.
U.S. ethanol exports fell to their lowest level of the year in November. The monthly total was down 25 percent from October and the lowest since November 2010. November exports of both ethanol and distillers grains reflect the difficult operating environment following last summer’s historic drought.
U.S. exports of ethanol (denatured and undenatured, non-beverage) totaled 53.6 million gallons (mg) in October, up 8.6% from September and the highest since July. Canada was again the top destination. Year-to-date exports stood at 643.3 mg, implying an annual total of 772 mg.
U.S. ethanol exports (denatured and undenatured, non-beverage) totaled 49.4 million gallons (mg) in September, down 2% from August and the lowest monthly total of the year. Canada was the leading destination in September, bringing in 26.1 mg. Meanwhile, the U.S. imported 105.7 mg of ethanol, 92.5 mg of which was destined for fuel use. Nearly all of the ethanol imports came from Brazil. Distillers grains exports for the month totaled 600,545 metric tons (mt), up 11% from August. China was again the leading destination.
U.S. exports of ethanol (denatured and undenatured, non-beverage) totaled 59 million gallons (mg) in June. Year-to-date exports stood at 426.4 mg, implying an annualized total of 852.9 mg; however, anecdotal information suggests ethanol exports dropped off precipitously in July.
U.S. exports of ethanol (denatured and undenatured, non-beverage) totaled 58.6 million gallons in May, down 21% from April and the lowest level since August 2011. May U.S. distillers grains exports totaled 761,470 metric tons (mt), reaching the highest level since November 2010.
U.S. ethanol exports (denatured and undenatured, non-beverage) totaled 74.4 million gallons (mg) in April. At 54.8 mg, denatured ethanol for fuel use accounted for the majority of April exports. Undenatured ethanol for fuel use totaled 13.3 mg, while denatured ethanol for non-fuel use was reported at 6.0 mg. Exports of undenatured ethanol for non-fuel tallied 342,000 gallons.
U.S. exports of ethanol (denatured and undenatured, non-beverage) totaled 83.4 million gallons (mg) in March, according to government data released this morning. Exports of distillers grains (or DDGS), the animal feed co-product manufactured by ethanol dry mills, totaled 641,402 metric tons (mt) in March.
According to government data released today, the U.S. exported 74.8 million gallons (mg) of ethanol (denatured and undenatured, non-beverage) in February. Year-to-date exports stand at 151.1 mg, indicating an annualized total of just over 900 mg for 2012.
2011 was a momentous year for America’s ethanol industry both domestically and internationally. From new markets to new technologies to a new policy framework, the events of 2011 will shape the future of America’s renewable fuel industry.
Ethanol exports rebounded sharply in September, as shipments to Brazil hit their highest level since April. According to U.S. government data released today, a total of 105.8 million gallons (mg) of denatured and undenatured (non-beverage) ethanol were exported in September. Year-to-date exports stood at 746.5 mg at the end of September, almost double the amount exported in the entire 2010 calendar year.
In a recent opinion piece, commodity broker Dave Juday attempts to argue that America’s push to use renewable fuels to weaken our dependence on foreign oil is a “fiasco.” As is often the case with the opinions of anti-ethanol critics, the argument lacks context and a complete recital of the facts. If 400,000 jobs and 445 million fewer barrels of imported oil each year are a fiasco, then America could use a few more just like it.
According to government data released today, U.S. ethanol exports went down sharply in the month of August. Exports of denatured and undenatured (non-beverage) ethanol totaled 52.1 million gallons (mg). Meanwhile, distillers grains (DDGS) exports hit their highest level of the year. DDGS exports for the month totaled 829,489 metric tons (mt).
According to the USDA quarterly grain stocks report released this morning, end stocks of corn for the 2010/2011 marketing year stand at 1.13 billion bushels. That is nearly 200 million bushels higher than many experts were predicting and an indication that the market is working to ensure sufficient supplies of corn remain available for all uses.