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Paraguayan ethanol production is forecast to reach a record 215 million liters in 2016. This is a result of expected larger sales of gasoline as the local economy continues to expand.
U.S. ethanol exports rebounded in 2014, with value and volume both up approximately 35 percent from the previous year, although still below the record set in 2011.
U.S. exports of corn-based products have experienced rapid growth in the past decade, reaching a value of $7.6 billion in fiscal year 2014, up 16 percent from the previous year.