U.S. Ethanol and DDGS Exports Strong in May

Cindy Zimmerman Leave a Comment

U.S. exports of both ethanol and the co-product dried distillers grains were strong during the month of May, according to the latest analysis from the Renewable Fuels Association (RFA).

Ethanol exports actually hit their highest level ever for the month of May at 154.4 million gallons (mg), but this was 28% decline from a near-record in April.

Canada was the largest importer for the 38th consecutive month, despite a 4% decrease to 59.7 mg. The Philippines imported the largest monthly volume since October 2018 with an 82% jump to 16.0 mg. Exports also expanded to the European Union (14.2 mg, +3%), South Korea (13.0 mg, +8% to a 15-month high) and Singapore (9.1 mg, +452%). The remaining fifth of U.S. ethanol exports landed in the United Kingdom, Colombia, Brazil (for the second consecutive month), Mexico, Vietnam, Peru, and Jamaica. Year-to-date U.S. ethanol exports totaled 816.9 mg, up 43% from the same period last year.

U.S. exports of dried distillers grains (DDGS) were yo 4% to 1.01 million metric tons (mt) on mixed markets.

Shipments to Mexico declined by 15% to 198,438 mt, yet volumes were sufficiently strong to remain our top DDGS customer for the fifth straight month. Exports also decreased to South Korea (114,029 mt, -8%), Indonesia (84,884 mt, -33%), Vietnam (78,183 mt, -22%), Canada (55,799 mt, -8%), and Turkey (35,807 mt, -0.3%). Offsetting these reductions was a sizeable export expansion to the European Union (108,420 mt, +128% to a 28-month high), Colombia (40,035 mt, +89%), and China (39,962 mt, +99% to a 28-month high). The remaining quarter of U.S. DDGS shipments were spread across 30 countries. Year-to-date DDGS exports reached 4.93 million mt, up 18% compared to the previous year.

Ethanol, Ethanol News, Exports, Renewable Fuels Association, RFA

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