RFA Ethanol Exports Update: Exports Down 58% In May

Cattlenetwork.com
07/13/2010 10:46AM

Total ethanol exports (denatured and undenatured, non-beverage) fell back to earth in May, plunging 58% from April's totals. U.S. producers exported just 17.1 million gallons in May, compared to 40.8 million gallons in April and 48.3 million in March. Still, May exports were well above the five-year monthly average. Further, through the first five months of 2010, the U.S. has exported 25% more product than in the entire 2009 calendar year.

Additionally, at 141.4 million gallons, 2010 U.S. exports are still on track for a record year. Exports totaled 157.8 million gallons in 2008 and 150.2 million gallons in 2007. The record year is believed to have been 1995, when 197.5 million gallons of denatured and undenatured ethanol were exported. Since January 2005, the monthly average for total ethanol exports has been 10.2 million gallons.

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