NASHVILLE, Tenn. (RFD-TV) — U.S. ethanol exports surged in August on the strength of record sales to Canada and the European Union (EU), pushing total shipments to 188.8 million gallons — a 15 percent monthly increase and 24 percent above last year. The month’s gains were anchored by 74.4 million gallons moving into Canada and 47.6 million gallons routed through the Netherlands for EU use, with both markets combining for nearly two-thirds of total exports. No foreign ethanol entered the U.S. during the period.
Additional buyers shifted sharply. Colombia increased imports by 43 percent to 14.1 million gallons, India rebounded after months of minimal activity, and Mexico moved higher as the United Kingdom, Peru, and the Philippines eased back. Year-to-date ethanol exports reached 1.42 billion gallons, tracking 16 percent ahead of 2024.
DDGS exports also strengthened. Shipments rose 10 percent to 1.17 million metric tons, with Mexico, South Korea, Vietnam, and Colombia accounting for half of all movement. Several destinations — including Colombia, Honduras, and New Zealand — posted record monthly totals. Year-to-date DDGS exports reached 7.64 million metric tons, slightly below last year’s pace.
Farm-Level Takeaway: Ethanol exports are expanding on strong demand from Canada and Europe, while DDGS shipments remain broad-based and supportive for feed markets.
Tony St. James, RFD-TV Markets Specialist
March 27, 2024 11:17 AM
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A new
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