Jan. '19 US Ethanol Exports Up From '18

US Ethanol Exports Start 2019 on High Note; Biodiesel, DDG Exports Down From Year Ago

OMAHA (DTN) -- The U.S. Census Bureau said Wednesday that U.S. exports of goods and services totaled $207.3 billion in January, up $1.9 billion from December. Imports totaled $258.5 billion, down $6.8 billion on the month. The resulting trade deficit of $51.1 billion for January was down from $59.9 billion in December. USDA followed the Census Bureau report with more details for exports of ethanol, biodiesel and distillers grains.

USDA said U.S. exports of ethanol totaled 127.9 million gallons in January, down from 139.8 million in December, but up 45% from a year ago. Brazil was the top destination again in December, accounting for 30% of total exports and followed by India and Canada.

U.S. exports of biodiesel totaled 10,159 metric tons (mt) in January, up from 8,646.2 mt in December, but down 29% from a year ago. This time, Netherlands was the top destination, accounting for 44% of all U.S. exports and followed closely by Canada.

U.S. exports of distillers grains totaled 806,615 mt in January, down from 890,491 mt in December and down 10% from a year ago. Mexico took 25% of U.S. exports in January, followed by Indonesia, South Korea and Vietnam.

(AG)