RFA: ethanol exports up sharply in October


RFA: ethanol exports up sharply in October

U.S. ethanol exports shot sharply higher from September to October.

The Renewable Fuels Association says October’s volume of 126.5 million gallons was up 64% from September and was the best month for sales since March.

Canada accounted for more than a quarter of the total, with record demand from the Netherlands and Norway, South Korea taking in their biggest month this year,  and solid sales to India and Colombia.

The RFA says October sugar cane ethanol imports from Brazil were 22.5 million gallons.

Sales of distillers dried grains with solubles were more than 950,000 tons, down 18%, with strong sales to Mexico canceled out by a big decline in purchases by Japan.

Year to date ethanol exports are 1.109 billion gallons, 9% behind the 2019 pace, while imports are 132.5 million gallons, and DDGS exports are 9.19 million tons, 1% ahead of a year ago.