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National & World Ag News Headlines |
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U.S. Ethanol Exports Soared in 2016
USAgNet - 03/23/2017
Exports of ethanol last year rose by 26 percent in 2016 when compared to the year earlier to over 1 billion gallons.
The US Energy Information Administration says the U.S. shipped 267 million gallons to Brazil in 2016. The Latin American country, a major producer of ethanol itself, now ranks ahead of Canada in that regard. China was third in U.S. ethanol import volumes
with 179 million gallons last year.
There were 34 different countries that purchased U.S. ethanol last year.
EIA also said ethanol imports in 2016 contracted by 60% to 36 million gallons, the lowest level since 2010.
Corn is the primary feedstock for ethanol production, which stood at 15 billion gallons in 2016.
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