USGC sees ethanol exports reaching 4 billion gallons by 2020

In Iowa, Successful Farming reports that the chief economist for the US Grains Council has estimated US ethanol exports could reach 4 billion gallons by 2020, more than twice the volume reached in 2017/18 of 1.62 billion gallons, already an all-time record. Last year, exports were shipped to 74 countries and this year, exports are on track to hit 2 billion gallons. Despite the trade issues between China and the US, the USGC is betting that China will become the US’s first billion gallon ethanol market.