NEWS
Mon Jan 21, 2013 02:39 PM CST

Nov. DDG Exports Hit Lowest Level of 2012

Total exports of U.S. ethanol and dried distillers grains were down 25% and 16% respectively in November, reaching the lowest level of 2012, according to the Renewable Fuel Association (http://bit.ly/…).

In November, exports of non-beverage ethanol reached 40.4 million gallons in November, while exports of DDG were 518,396 metric tons.

The low export levels are a result of difficult operating conditions after the extreme drought conditions last summer, according to Geoff Cooper, vice president of research and analysis for the RFA.

The drought pushed up corn prices and forced some ...

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