Exports Of Goods And Services In September Up $1 Billion From Previous Month

(DTN) -- The U.S. Census Bureau said Friday that exports of goods and services in September totaled $189.2 billion, up $1.0 billion from the previous month. Imports totaled $225.6 billion, down $3.0 billion from the previous month. Later, USDA provided more details for exports of ethanol, biodiesel and distillers grains.USDA said that U.S. exports of ethanol totaled 99.6 million gallons in September, up 59% from a year ago. Canada was the top customer in September, accounting for 28% of all exports and followed by Brazil and China. Year-to-date ethanol exports in 2016 are up 13% from a year ago. Friday's report was modestly bullish for corn and ethanol, said DTN Analyst Todd Hultman.U.S. exports of biodiesel totaled 21,145 metric tons in September, down 25% from a year ago. Canada was again the top customer for biodiesel exports in September, taking 75% of all exports. In the first nine months of 2016, U.S. biodiesel exports are up 3% from a year ago. Friday's report was slightly bearish for biodiesel and soybean oil, Hultman said.U.S. exports of distillers grains totaled 990,971 metric tons in September, down 14% from a year ago. China's purchases of distillers grains from the U.S. are down 62% in the first nine months of 2016, but China was again the top customer in September, accounting for 17% of total exports. So far in 2016, U.S. exports of distillers grains are down 12% from a year ago. Friday's report again confirmed this year's weaker export demand and was slightly bearish for distillers grains, Hultman said.