Ethanol Sets New Export Record

Cindy Zimmerman

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The latest export data for marketing year 2023/2024 from USDA shows exports of U.S. ethanol set a record at 1,746,490,298 gallons sold internationally and a single-market record of 23.4 million metric tons (924 million bushels) shipped to Mexico. That helped sales of U.S. grains in all forms (GIAF) increased to more than $48 billion.

“We applaud U.S. farmers and producers for their outstanding efforts in increasing exports this marketing year, and especially to ethanol producers who continue their trajectory of outstanding growth to meet global market demands,” said Ryan LeGrand, U.S. Grains Council (USGC) president and CEO.

The new ethanol record does not include an estimated 140.5 million gallons of ethanol exported to Japan in the form of ethyl tert-butyl ether (ETBE), emphasizing the incredible accomplishments of the U.S. biofuels industry during the past year.

corn, Ethanol, Ethanol News, Exports, USGC