# U.S. ethanol makers call on Mexico, India to reduce biofuel glut

> U.S. ethanol producers are urging Mexico and India to take more fuel exports to reduce a biofuel glut. Industry executives say that without new markets, producers may have to cut output after investing hundreds of millions of dollars in plants.

- Date: 2017-11-28 · published 2017-11-28T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/67989-u-s-ethanol-makers-call-on-mexico-india-to-reduce-biofuel-glut
- Commodities: [DDGS](https://feedsoft.ai/c/DDGS.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

If producers cut ethanol output for lack of export outlets, co-product DDGS supply could tighten, though the effect on feed prices depends on whether new export markets develop.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-12-11 | [US ethanol industry welcomes US-Mexico-Canada trade agreement - Biofuels International Magazine](https://feedsoft.ai/events/55575-us-ethanol-industry-welcomes-us-mexico-canada-trade-agreement-biofuels.md) | +5.1% | +4.1% |
| CORN | 2023-11-16 | [U.S. Delegation Visits India To Search For New Outlets For U.S. Ethanol - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/33157-u-s-delegation-visits-india-to-search-for-new-outlets-for-u-s-ethanol-u-s.md) | +0.0% | -2.2% |
| CORN | 2019-07-24 | [Council Promotion Programs Spur Record U.S. Ethanol Exports To South Korea And India - U.S. Grains & BioProducts Council](https://feedsoft.ai/events/58103-council-promotion-programs-spur-record-u-s-ethanol-exports-to-south-korea-and.md) | -0.4% | -12.0% |
| CORN | 2021-01-28 | [Column: U.S. ethanol output slips as China rumored to be back in the market](https://feedsoft.ai/events/49152-column-u-s-ethanol-output-slips-as-china-rumored-to-be-back-in-the-market.md) | +2.7% | -0.2% |
| CORN | 2019-09-13 | [Big Oil vs Farm Majors: Ethanol Tussle Is Heading to Asia - Governors' Biofuels Coalition](https://feedsoft.ai/events/57070-big-oil-vs-farm-majors-ethanol-tussle-is-heading-to-asia-governors-biofuels.md) | +3.9% | +5.5% |

## Sources

- reuters.com: https://www.reuters.com/article/us-usa-ethanol-export/u-s-ethanol-makers-call-on-mexico-india-to-reduce-biofuel-glut-idUSKBN1DS2O2/

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