U.S. ethanol exports retreated in May for the second month in a row, dropping 14% from April to 64.6 million gallons. The U.S. claimed its 22nd month in a row as a net exporter. Exports of DDGS surged 23% over April levels and marked the second biggest monthly jump on record.
RFA's Kelly Davis details her exploratory missions to Mexico and Japan, where American representatives assessed market opportunities for U.S. ethanol.
U.S. ethanol exports in April totaled 74.9 million gallons with Canada and Brazil accounting for nearly half of the total for the month. Meanwhile, April imports marked the highest monthly level yet in 2015.
U.S. ethanol exports in March totaled 83.8 million gallons, down slightly from February but nonetheless representing the third-highest monthly volume in the last 12 months. DDGS exports totaled 923,515 metric tons, up 15% from February.
U.S. exports of ethanol in February totaled 85.2 million gallons (mg), up 24% from January and the highest February export volume on record. February ethanol imports totaled 2.6 mg, nearly all from Guatemala. DDGS exports rose to 803,203 metric tons, a five-month high.
U.S. ethanol exports totaled 75.5 million gallons (mg) in December, down 17% from November. Meanwhile, ethanol imports jumped to 11.5 mg, the highest since May. DDGS exports rose 16% to 733,748 metric tons.
Ethanol exports totaled 90.9 million gallons in November—the highest level since December 2011. Imports hit a five-month high at 4.9 million gallons while DDGS slid to their lowest monthly level since March 2013.
U.S. ethanol exports totaled 79.2 million gallons in October, which is up 40% from September and the highest level in seven months. DDGS exports dropped 14% from the previous month, reflecting the collapse in shipments to China.
U.S. ethanol exports totaled 56.7 million gallons in September, up 5% from the previous month. Year-to-date exports stood at 590.1 mg, an increase of more than 40% compared to the same period last year.
RFA is once again partnering with the U.S. Grains Council to host the 2014 Export Exchange, a three-day conference in late October that brings together hundreds of buyers and end-users of U.S. coarse grains and co-products.
U.S. ethanol shipments in April totaled 66.4 million gallons (mg), down 21% from March. Imports for the month totaled 15.9 mg, the highest level since September 2013.