Jan 22^nd Ethanol Run Rates Declined 1.3% Week-Over-Week, Reaching a Three Month Low Jan ’21 Ethanol Production Down 2.7% MOM and 11.7% YOY Through Four Weeks Jan 22^nd Ethanol Stocks Declined 0.1% From the Previous Week Jan 22^nd Weekly Decline in Ethanol Stocks Greatest on the Gulf Coast Jan 22^nd Total Ethanol Stocks Finished Down 2.6% YOY, Midwest Stocks Down 5.8% Jan ’21 Ethanol Stocks up 2.7% MOM and 0.5% YOY Through Four Weeks Jan ’21 Ethanol Stocks-to-Production up 5.5% MOM and 13.7% YOY Through Four Weeks Nov ’20 Ethanol Exports Increased 12.0% YOY, Dec ’20 Volumes Projected Down 31.3% YOY Jan 22^nd Ethanol Imports Remained at Minimal Levels for the Sixth Consecutive Week Jan 22^nd Gasoline Sales Declined 3.4% From the Previous Week Jan ’21 Gasoline Sales Down 2.5% MOM and 10.3% YOY Through Four Weeks Jan ’21 Gasoline Stocks-to-Consumption up 5.7% MOM and 5.6% YOY Through Four Weeks Jan ’21 Ethanol Blend Rate Down 2.1% MOM and 1.3% YOY Through Four Weeks