February 13, 2011

2010 Ethanol Exports Post New Record

According to the Renewable Fuels Association (RFA), ethanol exports in 2010 were nearly 4 times that of 2009.

According to government data released today, 2010 was a record-breaking year for exports of ethanol and distillers dried grains with solubles (DDGS). Riding a December surge, total ethanol exports ended the year at 397 million gallons, marking a nearly four-fold increase over 2009. Of the 2010 total, 270 million gallons (68%) were classified as denatured ethanol, while the remaining 127 million gallons (32%) were undenatured, non-beverage. These exports are not eligible for the Volumetric Ethanol Excise Tax Credit (VEETC), also called the blender’s credit. DDGS exports totaled 9 million metric tons for the year, a 60% increase over 2009 exports and double the level from 2008.

Source : Renewable Fuels Association

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