# February U.S. Ethanol Exports Surge to Two-Year High while Global Sales of U.S. DDGS Subside

> U.S. ethanol exports rose sharply in February 2020, with global sales up 28% month over month to 194.2 million gallons, the highest monthly volume in two years. Brazil, India and Canada accounted for about 70% of the volume. Global sales of U.S. DDGS subsided over the same period.

- Date: 2020-04-02 · published 2020-04-02T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/53643-february-u-s-ethanol-exports-surge-to-two-year-high-while-global-sales-of-u-s
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [DDGS](https://feedsoft.ai/c/DDGS.md)

## Why it matters

Strong ethanol export demand supports ethanol plant margins and corn grinds, but the DDGS export decline reduces a feed substitute for corn and soymeal, a modest negative for feed ingredient prices.

## Read by commodity

- CORN: bullish ▲
- DDGS: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-05-02 | [March U.S. Ethanol and DDGS Exports Surge Toward 2-Year Highs](https://feedsoft.ai/events/30241-march-u-s-ethanol-and-ddgs-exports-surge-toward-2-year-highs.md) | +0.9% | +5.7% |
| CORN | 2023-03-08 | [U.S. Ethanol Export Sales Kick Off 2023 with Large Gains while U.S. DDGS Exports Scale Back](https://feedsoft.ai/events/36840-u-s-ethanol-export-sales-kick-off-2023-with-large-gains-while-u-s-ddgs-exports.md) | -1.6% | -0.6% |
| CORN | 2019-12-05 | [October Shipments of U.S. Ethanol Press Higher while U.S. DDGS Exports Slip](https://feedsoft.ai/events/55570-october-shipments-of-u-s-ethanol-press-higher-while-u-s-ddgs-exports-slip.md) | -4.3% | +1.2% |
| CORN | 2022-01-06 | [November U.S. Ethanol Exports Leapt to Ten-Month High while U.S. DDGS Exports Moderated](https://feedsoft.ai/events/43128-november-u-s-ethanol-exports-leapt-to-ten-month-high-while-u-s-ddgs-exports.md) | +2.0% | +4.0% |
| CORN | 2020-10-06 | [August U.S. Ethanol Export Sales Shift Sharply Higher while U.S. DDGS Sales Moderate](https://feedsoft.ai/events/50653-august-u-s-ethanol-export-sales-shift-sharply-higher-while-u-s-ddgs-sales.md) | +2.6% | +6.8% |

## Sources

- ethanolrfa.org: https://ethanolrfa.org/media-and-news/category/trade-monitor/article/2020/04/february-us-ethanol-exports-surge-to-two-year-high-while-global-sales-of-us-ddgs-subside

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