Ethanol exports fell 12% in August as Brazilian demand dries up

In Washington, August ethanol exports fell 12% from the month prior to just over 103 million gallons, more than half of which went to Canada and Brazil. So far this year, exports have passed 906 million gallons and are on target for reaching 1.36 billion gallons by year’s end. Brazil has imported 37% of ethanol exports this year so far, with Canada taking 24%, followed by India with 11%. Of the total, undenatured ethanol exports fell 21% from July, largely due to a 22% cut in exports to Brazil.