USDA: US ethanol exports reach 136 million gallons in July
In July, the U.S. exported 135.99 million gallons of ethanol and 1.09 million metric tons of distillers grains, both increasing from July 2023. Ethanol exports were down from June but up from the previous year, with Canada as the top destination. Distillers grains exports also rose from June and July 2023, with Mexico leading as the top importer. Total exports for the first half of 2024 show significant increases in both ethanol and distillers grains compared to the same period last year.
The U.S. exported 135.99 million gallons of ethanol and 1.09 million metric tons of distillers grains in July, according to data released by the USDA Foreign Agricultural Service on Sept. 4. Exports of both products were up when compared to July 2023.
The 135.99 million gallons of ethanol exported in July was down when compared to the 145.87 million gallons exported the previous month, but up significantly from the 112.1 million gallons exported in July of last year.
The U.S. exported ethanol to nearly three dozen countries in July. Canada was the top destination for U.S. ethanol export at 62.01 million gallons, followed by the U.K. at 25.14 million gallons and Colombia at 14.16 million gallons.
The value of U.S. ethanol exports reached $323.84 million in July, down from $339.75 million in June, but up from $314.07 million in July 2023.
Total U.S. ethanol exports for the first half of 2024 reached 1.1 billion gallons at a value of $2.48 billion, compared to 795.45 million gallons exported during the same period of last year at a value of $2.23 billion.
The 1.09 million metric tons of distillers grains exported in July was up when compared to both the 945,592 metric tons exported in June and the 984,341 metric tons exported in July 2023.
The U.S. exported distillers grains to approximately 40 countries in July. Mexico was the top destination for U.S. distillers grains exports at 247,903 metric tons, followed by South Korea at 123,725 metric tons and Indonesia at 73,769 metric tons.
The value of U.S. distillers grains exports reached $266.42 million in July, up from $246.28 million the previous month, but down from $294.96 million in July of last year.
Total U.S. distillers grains exports for the first six months of the year reached 6.97 million metric tons at a value of $1.88 billion, compared to 6.08 million metric tons exported during the same period of last year at a value of $1.97 billion.
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Source Link : https://ethanolproducer.com/articles/usda-us-ethanol-exports-reach-136-million-gallons-in-july
