Jul 22nd Ethanol Run Rates Down 3.0% From the Previous Week’s Record High Jul ’16 Ethanol Production Remains up 0.8% MOM and 3.1% YOY Through Four Weeks Jul 22nd Ethanol Stocks Down 3.6% From the Previous Week Jul 22nd Weekly Decrease in Ethanol Stocks Greatest on the Gulf Coast Jul 22nd Total Ethanol Stocks Remain up 3.8% YOY, Gulf Coast Stocks up 12.6% Jul ’16 Ethanol Stocks-to-Production Down 0.1% MOM but up 4.3% YOY Through Four Weeks May ’16 Ethanol Exports Finished Down 43.5% MOM and 13.7% YOY Jul ’16 Annualized Ethanol Imports Remain Higher on a YOY Basis Through Four Weeks Jul 22nd Gasoline Sales up 0.1% From the Previous Week Jul ’16 Gasoline Sales up 0.4% MOM and 2.2% YOY Through Four Weeks Jul 22nd Gasoline Stocks-to-Consumption up 0.2% Week-Over-Week and 11.8% YOY Jul ’16 Ethanol Blend Rate up 0.7% MOM and 1.9% YOY Through Four Weeks