# U.S. Exports of Ethanol Ebbed while DDGS Rallied in May

> U.S. ethanol exports fell 10% in May to 113.2 million gallons, with Canada again the top destination. U.S. DDGS exports rose 23% month on month to 958,385 metric tons, a nine-month high, led by Mexico and Turkey. Brazil remained largely absent from the U.S. ethanol market due to a 16% tariff.

- Date: 2023-07-06 · published 2023-07-06T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/35031-u-s-exports-of-ethanol-ebbed-while-ddgs-rallied-in-may
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Higher DDGS export volumes support demand for this feed co-product and help underpin its value against corn and soybean meal, while weaker ethanol exports have little direct effect on feed supply.

## Read by commodity

- CORN: neutral
- DDGS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-07-03 | [U.S. Ethanol and DDGS Exports Strong in May](https://feedsoft.ai/events/29244-u-s-ethanol-and-ddgs-exports-strong-in-may.md) | +0.7% | -0.8% |
| CORN | 2022-05-04 | [U.S. Exports of Ethanol Softened in March, while Shipments of DDGS Improved](https://feedsoft.ai/events/41395-u-s-exports-of-ethanol-softened-in-march-while-shipments-of-ddgs-improved.md) | +4.7% | +2.1% |
| CORN | 2023-06-07 | [U.S. Exports of Ethanol and DDGS Curbed in April](https://feedsoft.ai/events/35466-u-s-exports-of-ethanol-and-ddgs-curbed-in-april.md) | +3.6% | -5.8% |
| CORN | 2023-02-07 | [Pace of U.S. Ethanol Sales Slows at Year End while DDGS Exports Rally](https://feedsoft.ai/events/37318-pace-of-u-s-ethanol-sales-slows-at-year-end-while-ddgs-exports-rally.md) | -0.6% | -4.4% |
| CORN | 2017-12-07 | [U.S. ethanol, DDGS exports up in October](https://feedsoft.ai/events/67470-u-s-ethanol-ddgs-exports-up-in-october.md) | +2.9% | +6.2% |

## Sources

- ethanolrfa.org: https://ethanolrfa.org/media-and-news/category/trade-monitor/article/2023/07/u-s-exports-of-ethanol-ebbed-while-ddgs-rallied-in-may
- mnbiofuels.org: https://www.mnbiofuels.org/u-s-exports-of-ethanol-ebbed-while-ddgs-rallied-in-may

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