U.S. swaps ethanol with Brazil

U.S. swaps ethanol with Brazil

U.S. ethanol exports at lowest level since July 2013.

U.S. ethanol exports totaled 46.4 million gal. in June, down 17% from May and the lowest since July 2013.

According to government trade data released Aug. 5 and analyzed by the Renewable Fuels Assn. (RFA), Canada was the top destination for U.S. product in June (20.4 million gal.), followed by Brazil (10.1 million gal.), Peru (5.7 million gal.) and the Philippines (4.1 million gal.). Notably, China did not import any U.S. ethanol in June, even after averaging 25.9 million gal. of i

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