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Weekly ethanol exports notch new high

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U.S. ethanol exports set a new benchmark since weekly data tracking began in May.

Renewable Fuels Association CEO Geoff Cooper says the average of 8.2 million gallons a day was nearly 60 percent higher than the previous week.

“We’ve not been seeing export numbers from the Energy Information Administration for very long, they just started publishing those on a weekly basis earlier this year. But last week’s export number was the highest since they began reporting that data, and I think that bodes very well for us.”

He tells Brownfield the rise in ethanol exports is typical for this time of year, but some of the markets are not.

Weekly ethanol exports notch new high