There are many uncertainties about ethanol exports in the U.S. and all that depend greatly on the economy. The statement was made by Christoph Berg, Managing Director of F.O. Licht.
Exports tend to fall as it became less attractive after the government ended the industry’s subsidies “The United States went from the largest importer to the largest exporter, and now they may have to import again,” said Berg.
The drought and the new market conditions for ethanol in the United States caused a drop in production, dozens of plants shut down throughout the season. Furthermore, the limit of ethanol blending to gasoline, called Blend Wall also restrains the growth of production, he said.