U.S. Ethanol Exports Update – Oct ’21
According to the USDA, Aug ’21 U.S. ethanol export volumes rebounded from the seven year low level experienced throughout the previous month but remained 16.2% below previous year levels. U.S. ethanol export volumes destined to Brazil and China remained minimal throughout the month of August.
Aug ’21 U.S. Ethanol Exports Rebounded From the Previous Month’s Seven Year Low Level
Aug ’21 U.S. Ethanol Export Volumes Increased 55.8% MOM but Remained Down 16.2% YOY
Aug ’21 U.S. Ethanol Exports Reached a Six Year Low Seasonal Level
The Aug ’21 YOY Decline in U.S. Ethanol Exports was the Fifth in the Past Seven Months
Canada was the Top Destination for U.S. Ethanol Exports During Aug ’21
Aug ’21 U.S. Ethanol Exports Destined to India Declined Most Significantly YOY
U.S. Ethanol Exports Destined to Brazil Down Most Significantly Over the Past 12 Months
U.S. Ethanol Export Volumes Destined to Brazil are on Pace to Reach an Eight Year Low Level
Aug ’21 U.S. Ethanol Exports to Brazil Remained Minimal
The Brazilian Tariff-Free Ethanol Import Quota Expired During Dec ’20
Aug ’21 U.S. Ethanol Exports to China Declined to an 11 Month Low Level
2021 YTD U.S. Ethanol Exports Destined to China Have Already Reached a Five Year High Level
Sep ’21 Ethanol Exports are Projected to Remain Lower YOY Based on Weekly Implied Figures