April US Biodiesel Exports Up From '18

US Biodiesel Exports to Canada Surge in April

OMAHA (DTN) -- The U.S. Census Bureau said Thursday that U.S. exports of goods and services totaled $206.8 billion in April, down $4.6 billion from March. Imports totaled $257.6 billion, down $5.7 billion on the month. The resulting trade deficit of $50.8 billion for April was down from $51.9 billion in March. 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 150.2 million gallons in April, up from 140.0 million in March, but down 7% from a year ago. Brazil was the top destination again in April, accounting for 27% of total exports and followed by India and Canada. So far in 2019, U.S. ethanol exports were down 22% from a year ago.

U.S. exports of biodiesel totaled 52,203 metric tons (mt) in April, up from 33,826 mt in March, and up 70% from a year ago. Canada was the top destination in April, accounting for 92% of all U.S. exports and followed by Netherlands in a distant second. In the first four months of 2019, biodiesel exports were up 14% from a year ago.

U.S. exports of distillers grains totaled 917,836 mt in April, down from 956,828 mt in March and down 8% from a year ago. Mexico was the top destination in April, taking 20% U.S. exports and followed by a familiar list of South Korea, Vietnam, Thailand and Canada. In the first four months of 2019, U.S. exports of distillers grains were down 7% from a year ago.

(AG)