May ’20 U.S. Ethanol Export Volumes Declined to a 47 Month Low Level May ’20 U.S. Ethanol Export Volumes Declined 34.2% MOM and 31.6% YOY India and Canada Were the Top Destinations for U.S. Ethanol Exports During May ’20 May ’20 U.S. Ethanol Volumes Destined to Brazil Declined Most Significantly YOY U.S. Ethanol Export Volumes Destined to Brazil Down the Most Over the Past 12 Months U.S. Ethanol Export Volumes Destined to Brazil are on Pace to Reach a Three Year Low Level May ’20 U.S. Ethanol Exports to Brazil Declined to a 21 Month Low Level May ’20 U.S-Brazil Net Trade is Expected to Finish Negative for the First Time Since October A 20% Tariff on U.S. Ethanol Exports Destined to Brazil Took Effect Beginning Dec ’17 May ’20 U.S. Ethanol Export Volumes Destined to China Remained Minimal 2019 Annual U.S. Ethanol Export Volumes Destined to China Reached a Seven Year Low Level The EU-28 Declined to Reinstate Anti-Dumping Duties on U.S. Ethanol Exports During May ’19 May ’20 U.S. Ethanol Exports Market Share Increased to a Nine Month High Level Jun ’20 Ethanol Exports are Projected to Finish Slightly Higher YOY, up 6.1%