US exports of ethanol and distiller's dried grains with solubles (DDGS) both increased in the 2015/16 marketing year, an analysis by the US Grains Council (USGC) showed recently.
Ethanol exports grew to 868.4 million gallons from 859.5 million gallons in the previous marketing year, although in value terms they declined to USD 1.82 billion (EUR 1.67bn) from USD 1.91 billion.
Exports of DDGS increased to 11.7 million tonnes in the marketing year ended August 31, 2016 from 11.6 million tonnes in the preceding 12-month period. They were worth USD 2.35 billion, compared to USD 2.76 billion in the 2014/15 year.
According to the “feed grains in all forms calculation” by the USGC, which is based on data from the US Department of Agriculture (USDA), US exports of feed grains in either unprocessed or value-added forms were 100.5 million tonnes in 2015/16, an increase of over 300,000 tonnes from the previous marketing year. Feed grains in all forms exports are expected to reach 127 million tonnes by 2025/26, with the increase to come in the forms of corn, ethanol, and meat and poultry.
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US increases exports of ethanol, DDGS in 2015/16