Global Ethanol Trade Strengthens Corn Demand and Margins as Exports Surge While Soybeans Stay Moderate

Corn export pace remains the bright spot, but stable ethanol export demand remains a critical support for corn markets.

Handling Grain Bard Waste DDGS for Sustainable Agriculture Applications_Photo by V.Semeniuk via AdobeStock_1424686711.jpg

Distiller Dried Grains (DDG)

WASHINGTON, D.C. (RFD NEWS) — U.S. grain export inspections strengthened last week, led by corn and wheat shipments, while soybean volumes eased from recent highs. The USDA reported 3.41 million metric tons of grain inspected for export during the week ending February 19 — up 40 percent from a year ago.

Corn inspections reached 2.01 million metric tons, 6 percent above last year and pushing marketing-year totals to 37.7 million metric tons — sharply ahead of last year’s pace. Mexico, Japan, Colombia, and China were key buyers.

Soybean inspections totaled 669,865 metric tons, down from the prior week and well below year-ago levels. Marketing-year soybean exports now stand at 25.0 million metric tons, trailing last year’s 36.9 million metric tons pace. China remained the top destination, with significant volumes also moving to Mexico, Egypt, and Southeast Asia.

Wheat inspections reached 535,113 metric tons, up 37 percent from last year. Marketing-year wheat exports total 18.2 million metric tons, running ahead of last year. Pacific Northwest ports handled the largest share, particularly soft white and hard red winter wheat shipments to Asia.

Sorghum exports remained firm at 200,287 metric tons, largely to China.

Farm-Level Takeaway: Corn export pace remains the bright spot, but stable ethanol export demand remains a critical support for corn markets.
Tony St. James, RFD NEWS Markets Specialist

Global Ethanol Trade Strengthens Corn Demand and Margins

Strong international fuel demand and late-year shipment growth pushed U.S. ethanol exports to record levels in 2025, reinforcing corn usage across rural production regions. Renewable Fuels Association data shows exports totaled 2.18 billion gallons shipped to more than 80 countries, up 13 percent from the previous year.

Export value reached $4.8 billion and $7.6 billion, including coproducts. December shipments alone climbed 4 percent to 220.3 million gallons — the second-largest monthly total on record — highlighting steady overseas reliance on U.S. supply. Canada remained the top buyer, followed by the European Union, India, the United Kingdom, and Colombia, while markets such as Jamaica, the Philippines, and Brazil expanded their purchases. The United States imported only about 4 million gallons, maintaining its status as a net exporter for the sixteenth consecutive year.

Exports of dried distillers’ grains (DDGS) totaled 11.6 million metric tons valued at $2.8 billion. Mexico led buying, with Indonesia, South Korea, and Vietnam also major markets despite late-year fluctuations.

Strong export activity helps stabilize ethanol plant utilization and supports corn grind even when domestic blending shifts.

Related Stories
The temporary closures come as grain traffic on the Arkansas River continues running ahead of recent years.
RealAg Radio host Shaun Haney says producers should continue to watch tariff negotiations, market access, and the possibility of a more transactional trade relationship with China.
Lewis Williamson with HTS Commodities joined us to discuss spring planting progress and the outlook for trade and demand as the season continues.
USMCA review nears a critical stage as the U.S. and Mexico advance talks while Canada risks being left behind, raising concerns across North American agriculture trade.

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Drought and Planting Shape Weekly State Agriculture Recap
Jenna Stanton with the United States Cattlemen’s Association joins us to discuss beef import concerns, cattle market signals, and the latest developments surrounding U.S. beef trade.
Farmers will soon be asked to help shape some of USDA’s most closely watched crop and inventory reports.
RealAg Radio Host Shaun Haney joins us to discuss the latest U.S.-China ag trade agreements, market reaction, and what producers should watch moving forward.
For farm country, that caution can mean higher costs, slower service, and less local investment.
Rayburn Electric Cooperative’s Chris Anderson discusses rapid AI data center expansion, mounting pressure on the electric grid, and impacts on agriculture and rural communities.