Domestic Ethanol Exports Third Highest on Record

(WASHINGTON, DC) U.S. ethanol exports totaled 175.4 million gallons (mg) in October, according to the Renewable Fuels Association (RFA). The level is 95 percent higher than September exports and the third highest monthly total on record. Shipments were bolstered by the strongest demand for American ethanol in six months by Brazil. A widespread shuffling of customers occurred in October with Brazil bumping Canada to capture the position of top U.S. customer. Brazil imported 54.5 mg and represents 31% of all export sales. Canada decreased its offtake by 12%, which represents 18% of U.S. shipments in October. India boosted its purchases to a record 29.1 mg or 17% of all ethanol exports. Sales to these three countries represent two-thirds of all October shipments. Total year-to-date U.S. ethanol exports rose to 1.42 billion gallons or a 30 percent year on year increase with still two months remaining in the calendar year.