October HFCS exports fell 17 percent year over year
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
Posted by: Information Services Our Information Services team assists our clients with understanding commodity and ingredient market dynamics. Using our extensive database of intelligence, we also produce regular commodity and commercial market publications covering supply and demand fundamentals, news alerts on events that shape the markets, and resource guides to give you a complete picture of the industries we monitor.