Jul 17^th Ethanol Run Rates Declined 2.5% From the Previous Week Jul ’20 Ethanol Production up 5.8% MOM but Down 12.2% YOY Through Three Weeks Jul 17^th Ethanol Stocks Declined 3.9% Week-Over-Week, Reaching a Three and a Half Year Low Jul 17^th Weekly Declines in Ethanol Stocks Greatest on the Gulf Coast Jul 17^th Total Ethanol Stocks Down 16.4% YOY, East Coast Stocks Down 20.1% Jul ’20 Ethanol Stocks Down 3.5% MOM and 13.9% YOY Through Three Weeks Jul ’20 Ethanol Stocks-to-Production Down 9.0% MOM and 1.9% YOY Through Three Weeks May ’20 Ethanol Exports Declined 31.6% YOY, Jun ’20 Volumes Projected up 6.1% Jul 17^th Ethanol Imports Remained at Minimal Levels Jul 17^th Gasoline Sales Declined 1.1% From the Previous Week Jul ’20 Gasoline Sales up 5.1% MOM but Down 9.4% YOY Through Three Weeks Jul ’20 Gasoline Stocks-to-Consumption up 18.7% YOY Through Three Weeks Jul ’20 Ethanol Blend Rate Down 1.0% MOM and 1.7% YOY Through Three Weeks