USGC: Exports of ethanol, DDGS up in marketing year 2017-‘18

By Erin Voegele | October 17, 2018

The U.S. Grains Council has released final numbers for marketing year 2017-’18 exports. For the second year in a row, the U.S. has set a new record for exports of feed grains and coproducts, led by higher corn and ethanol shipments.

Overall, the USGC said the U.S. exported nearly 120 million metric tons of feed grains in all forms. That equates to approximately one-third of U.S. production. Exports for the 2017-’18 marketing year increased 6 percent when compared the record-setting levels set the previous marketing year.

The data shows U.S. ethanol exports were up 19 percent, reaching a record 1.62 billion gallons. The USGC attributed the growth, in part, to worldwide market development work it has completed with industry partners, including Growth Energy and The Renewable Fuels Association, along with generous support from state corn organizations. USGC said the growth in ethanol exports is also aided by U.S. ethanol’s current competitive price when compared that produced by other ethanol exporting countries, as well as fossil fuel alternatives like methyl tertiary butyl ether (MTBE) and aromatics.

“U.S. ethanol exports are up 60 percent over the last two marketing years, with back-to-back years of record exports as the Council has ramped up its worldwide demand-building and market access activities,” said Mike Dwyer, USGC chief economist “We are the world’s low-cost ethanol producer, which has helped the United States capture more than 65 percent of global ethanol exports in the 2017/2018 marketing year.”

USGC data shows Brazil remained the top destination for U.S. ethanol exports during the 2017-’18 marketing year, with 464.9 million gallons. That figure, however, was down 3 percent when compared to the 2016-’17 marketing year. U.S. ethanol exports to Canada reached 336.91 million gallons, up 1.3 percent; with exports to India reaching 165.76 million gallons, up 20.2 percent; exports to the European Union reaching 109.63 million gallons, up 265.9 percent; and exports to China reaching 99.85 million gallons, up 103.6 percent.

U.S. exports of distillers dried grains with solubles (DDGS) increased by 5.7 percent when compared to the 2016-’17 marketing year, reaching 11.68 million tons. Mexico was the top destination, with exports reaching 2.13 million tons, up 3.1 percent; followed by 1.18 million tons to South Korea, up 22.3 percent; 1.17 million tons to Turkey, down 14.2 percent; 1.05 million tons to Vietnam, up 112.7 percent; and 964,234 million tons to Thailand, up 22.5 percent.

Additional information is available on the USGC website