Ethanol Blog

OMAHA (DTN) -- Ethanol exports in November totaled 59 million gallons, 34% lower than the same month in 2014, USDA's Foreign Agricultural Service said.

Canada was the top customer in November, taking 23.2 million gallons. The data is based on U.S. Census Bureau inspection data.

Year-to-date ethanol exports are down 0.3% from a year ago.

U.S. exports of dried distillers grains totaled 939,917 metric tons in November, up 49% from the previous year. 2015 year-to-date exports are up 9.7%.

China remained the largest DDG customer for the U.S. in November, purchasing 132,385 mt. Through November 2015, exports to China are up 44% from the previous year.

U.S. biodiesel exports totaled 10,671.8 mt in November, up 16% from a year ago. 2015 year-to-date exports were up 1% from the previous year. Mexico was the largest buyer, importing 5,558.1 mt.

"Overall, Wednesday's exports will have minimal price impacts," DTN analyst Todd Hultman said. "It is worth noting that China's appetite for distillers grains remains strong in 2015."

Katie Micik can be reached at Katie.mick@dtn.com

(ES)

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