The marketing year ended Aug. 31, for which numbers became available this week, recording the 5th highest overall export total for U.S. ethanol exports, 1.31 billion gallons, despite market challenges due to COVID-19.
“The lingering effects of COVID-19 stay-at-home orders were reflected in global ethanol trade in the most recent marketing year,” said Brian Healy, director of global ethanol market development for the U.S. Grains Council. “Looking forward, more aggressive blend rates that have already been set, or will need to be set to meet emissions reduction goals, will support increased global ethanol demand and trade.”
See the full report: https://lnkd.in/eyx7VK5c
-By U.S. Grains Council