Sept. Ethanol Exports Up From 2017

OMAHA (DTN) -- The U.S. Census Bureau said Friday that U.S. exports of goods and services totaled $212.6 billion in September, up $3.1 billion from August. Imports totaled $266.6 billion, up $3.8 billion on the month. The resulting trade deficit of $54.0 billion for September was up from $53.3 billion in August. USDA later provided more details for exports of ethanol, biodiesel, and distillers grains.

USDA said U.S. exports of ethanol totaled 89.8 million gallons in September, down from August, but up 7% from a year ago. Canada was the top destination in September, accounting for 39% of the total and followed by Malaysia and Netherlands. In the first nine months of 2018, U.S. ethanol exports were up 25% from a year ago.

U.S. exports of biodiesel totaled 26,825 metric tons in September, down from August, but up 90% from a year ago. Once again, Canada was the top destination in September, taking 78% of all U.S. exports, followed by Peru and Netherlands. So far in 2018, U.S. exports of biodiesel are up 6% from a year ago.

U.S. exports of distillers grains totaled 1,028,254 metric tons in September, also down from August, but up 15% from a year ago. U.S. distillers grains continue to find broad interest with Mexico, Vietnam and South Korea listed as the top three destinations in September. The first nine months of U.S. distillers grains exports were up 10% in 2018 from a year ago.

(AG)

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