# March Sees Lower U.S. Ethanol Exports but Global Sales of U.S. DDGS Firm

> US ethanol exports contracted in March 2020 to 139.9 million gallons, down 28% from February, though sales were consistent with year-ago volumes. Brazil, Canada and India, the top three customers, trimmed purchases, and India's volumes fell 59% from a February record. Global sales of US distillers grains (DDGS) were reported as firm.

- Date: 2020-05-07 · published 2020-05-07T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/53113-march-sees-lower-u-s-ethanol-exports-but-global-sales-of-u-s-ddgs-firm
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Lower ethanol export pull reduces demand for US ethanol and co-products, and the COVID-19 slowdown is expected to keep 2020 exports well below the annualized pace, a modest bearish signal for DDGS and corn demand from ethanol plants.

## Read by commodity

- CORN: bearish ▼
- DDGS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2020-07-02 | [Global Sales of U.S. Ethanol and DDGS Contract in May](https://feedsoft.ai/events/52106-global-sales-of-u-s-ethanol-and-ddgs-contract-in-may.md) | +0.9% | -6.0% |
| CORN | 2018-11-06 | [Global sales of ethanol, DDGS tighten but remain robust](https://feedsoft.ai/events/62050-global-sales-of-ethanol-ddgs-tighten-but-remain-robust.md) | -6.4% | -0.6% |
| CORN | 2018-11-03 | [Global Sales of U.S. Ethanol and DDGS Tighten in September but Remain Robust](https://feedsoft.ai/events/62043-global-sales-of-u-s-ethanol-and-ddgs-tighten-in-september-but-remain-robust.md) | +1.8% | +1.4% |
| CORN | 2019-09-04 | [July U.S. Ethanol Exports Robust Outside of Thinner Sales to Brazil; Global Sales of U.S. Distillers Grains Decrease](https://feedsoft.ai/events/57064-july-u-s-ethanol-exports-robust-outside-of-thinner-sales-to-brazil-global-sales.md) | -3.3% | +3.4% |
| CORN | 2019-11-06 | [September Sales of U.S. Ethanol and DDGS Decline Yet Remain Robust; U.S. Imports of Brazilian Ethanol Chip Away at Net Exports Margin](https://feedsoft.ai/events/56050-september-sales-of-u-s-ethanol-and-ddgs-decline-yet-remain-robust-u-s-imports.md) | -0.7% | -0.9% |

## Sources

- ethanolrfa.org: https://ethanolrfa.org/media-and-news/category/trade-monitor/article/2020/05/march-sees-lower-us-ethanol-exports-but-global-sales-of-us-ddgs-firm

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