Increased Ethanol Exports Needed to Absorb Production Increase

Business News/Analysis, International, Marketing/Market Forces and Sales, Opinions

April 14, 2017

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(Ethanol Producer Magazine) Ethanol exports will need to exceed last year’s level to compensate for slow-growing domestic consumption in the face of growing ethanol production, concludes ag economist S. Patricia Batres-Marquez, in a recent data analysis from the University of Iowa’s AgMarketing Resource Center.

The share of ethanol exports has more than doubled from the 3 percent share of total U.S. production in 2010 to 6.8 percent in 2016. The U.S. became a net exporter of ethanol in 2010, exporting 399 million gallons. In 2016, that had grown to 1.05 billion gallons, an increase of 26 percent from the previous year.

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To view the entire analysis, which includes historical national and state production data and a review of gasoline and ethanol consumption trends, click here. READ MORE

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