# U.S. Exports of Ethanol and DDGS Curbed in April

> April U.S. ethanol exports fell 5% to 125.7 million gallons, with Canada remaining the top destination. April U.S. DDGS exports declined 13% to 777,617 metric tons, with Mexico still the largest buyer despite a 25% monthly cut. Brazil remains absent from the U.S. ethanol market due to a 16% tariff.

- Date: 2023-06-07 · published 2023-06-07T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/35466-u-s-exports-of-ethanol-and-ddgs-curbed-in-april
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower DDGS export volumes add supply to the domestic market, which pressures DDGS spot prices and weighs on feed buyers' costs. Weak export demand for DDGS can also support lower prices relative to corn and soybean meal.

## Read by commodity

- CORN: neutral
- DDGS: bearish ▼

## 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 | 2023-09-06 | [U.S. Exports of Ethanol and DDGS Gain Momentum in July](https://feedsoft.ai/events/34080-u-s-exports-of-ethanol-and-ddgs-gain-momentum-in-july.md) | -1.3% | -6.5% |
| CORN | 2022-09-07 | [U.S. Exports of Ethanol and DDGS Pick Up the Pace in July](https://feedsoft.ai/events/39564-u-s-exports-of-ethanol-and-ddgs-pick-up-the-pace-in-july.md) | +3.3% | +0.0% |
| 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% |
| CORN | 2023-08-08 | [U.S. Exports of Ethanol and DDGS Incrementally Lower in June](https://feedsoft.ai/events/34549-u-s-exports-of-ethanol-and-ddgs-incrementally-lower-in-june.md) | -1.1% | -3.3% |

## Sources

- ethanolrfa.org: https://ethanolrfa.org/media-and-news/category/trade-monitor/article/2023/06/u-s-exports-of-ethanol-and-ddgs-curbed-in-april

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