The U.S. exported 74,500 MT, dry weight equivalent, of HFCS in October, compared to almost 90,000 MT in October 2017. The value of HFCS-55 exports broke down to $344 per MT, or 20.3 cents per pounds, dry basis, about half a cent higher than a year ago. HFCS-55 accounted for 93 percent of exports, compared to 97 percent last October, due to a large increase in the relatively small volume of HFCS-42 exports combined with the decline in HFCS-55 exports.
Exports to Mexico accounted for 89 percent of the month’s total shipments, about the same as a year ago. Mexico imported 3,500 MT (dry basis) of HFCS-42 and 62,700 MT (dry) of HFCS-55, down 20 percent year over year.
U.S. HFCS-55 exports, volume vs. value