May 15^th Ethanol Run Rates Increased 7.5% Week-Over-Week, Reaching a Six Week High May ’20 Ethanol Production up 6.9% MOM but Down 40.5% YOY Through Three Weeks May 15^th Ethanol Stocks Declined 2.3% From the Previous Week, Reaching a 15 Week Low May 15^th Weekly Decline in Ethanol Stocks Greatest on the East Coast May 15^th Total Ethanol Stocks Remain up 0.9% YOY, Gulf Coast Stocks up 16.7% May ’20 Ethanol Stocks Down 9.8% MOM but up 8.0% YOY Through Three Weeks May ’20 Ethanol Stocks-to-Production up 82.1% YOY Through Three Weeks Mar ’20 Ethanol Exports Declined 0.1% YOY, Apr ’20 Volumes Projected Down 66.4% May 15^th Ethanol Imports Remained at Minimal Levels May 15^th Gasoline Sales Declined 8.2% Week-Over-Week May ’20 Gasoline Sales up 30.4% MOM but Down 26.5% YOY Through Three Weeks May ’20 Gasoline Stocks-to-Consumption up 51.8% YOY Through Three Weeks May ’20 Ethanol Blend Rate Down 6.1% MOM and 6.6% YOY Through Three Weeks