April Ethanol, DDG Exports Up From 2017
US Biodiesel Exports in April Down 23% From Year Ago
OMAHA (DTN) -- The U.S. Census Bureau said Wednesday that U.S. exports of goods and services totaled $211.2 billion in April, up $0.6 billion from March. Imports totaled $257.4 billion, down $0.4 billion on the month. The resulting trade deficit of $46.2 billion for April was the lowest in seven months.
USDA later provided more details for exports of ethanol, biodiesel and distillers grains.
P[L1] D[0x0] M[300x250] OOP[F] ADUNIT[] T[]
USDA said U.S. exports of ethanol totaled 162.3 million gallons in April, up 86% from a year ago. Brazil was the top destination again in April, accounting for 38% of U.S. exports, followed by Canada and a surprise purchase from Oman. For the first four months of 2018, U.S. ethanol exports were up 44% from a year ago.
U.S. exports of biodiesel totaled 30,649.1 metric tons in April, down 23% from a year ago. Canada was the top destination in March again, taking a whopping 96% of U.S. exports. So far in 2018, U.S. exports of biodiesel are up 30% from a year ago.
U.S. exports of distillers grains totaled 997,633 metric tons in April, up 15% from a year ago. Mexico was the top export destination again in April, accounting for 18% of the total and followed by Vietnam, South Korea and Thailand. The first four months of U.S. distillers grains exports were down 7% in 2018 from a year ago.
(AG)
Copyright 2018 DTN/The Progressive Farmer. All rights reserved.