# US ethanol exports on pace for record year, fueled by low prices and increased opportunity overseas | S&P Global

> S&P Global reports U.S. fuel ethanol exports reached 29.598 million barrels in the first eight months of 2024, up 34.92% from 2023. Exports are on pace to beat the 2018 record of 40.976 million barrels. Low U.S. prices, with the benchmark averaging 23.84% lower than 2023, and falling Brazilian export availability are driving the gains.

- Date: 2024-11-19 · published 2024-11-19T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/27410-us-ethanol-exports-on-pace-for-record-year-fueled-by-low-prices-and-increased
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Record ethanol exports increase U.S. corn demand from the fuel sector. Brazil's reduced export supply is opening overseas markets to U.S. product.

## Read by commodity

- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-11-06 | [U.S. fuel ethanol exports rise on strong international demand and low U.S. prices -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/27408-u-s-fuel-ethanol-exports-rise-on-strong-international-demand-and-low-u-s-prices.md) | +1.3% | -1.9% |
| CORN | 2018-12-06 | [Burgeoning U.S. Ethanol Exports Third Highest on Record; Global Demand for U.S. DDGS Remains Strong](https://feedsoft.ai/events/61562-burgeoning-u-s-ethanol-exports-third-highest-on-record-global-demand-for-u-s.md) | +0.2% | +2.0% |
| CORN | 2026-09-07 | [Ethanol Exports Still on Track for Record Year \| Energy.AgWired.com](https://feedsoft.ai/events/17460-ethanol-exports-still-on-track-for-record-year-energy-agwired-com.md) | +0.4% | +3.1% |
| CORN | 2026-09-15 | [2025 U.S. Ethanol Exports Reach Second Consecutive Record High \| USDA Foreign Agricultural Service](https://feedsoft.ai/events/17459-2025-u-s-ethanol-exports-reach-second-consecutive-record-high-usda-foreign.md) | +1.2% | -2.8% |
| CORN | 2024-09-26 | [U.S. corn, ethanol exports increase - Minnesota Corn Growers Association](https://feedsoft.ai/events/28313-u-s-corn-ethanol-exports-increase-minnesota-corn-growers-association.md) | +2.5% | +0.4% |

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/111924-us-ethanol-exports-on-pace-for-record-year-fueled-by-low-prices-and-increased-opportunity-overseas

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.